Company / R&D Expense
Gap Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$60.0M
FY2025
5-year range
$37.0M / $60.0M
FY2021-FY2025
Trend
+50.0%
vs FY2024
Sector context
#37 of 52
Consumer Discretionary
What the data says
At $60M, Gap Inc.'s r&d expense ranks #37 of 52 in the Consumer Discretionary sector. R&D Expense has fluctuated over the past 10 years, ranging from $37M in FY2023 to $60M in FY2025.
Based on SEC 10-K filings.
$60M in FY2025 with a 5-year CAGR of +5.5%.
Improved from $37M to $60M over the past 2 years.
Consumer Discretionary sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +9.3%
- 5-Year CAGR
- +5.5%
- 10-Year CAGR
- -
Sector benchmark
#37 of 52 in Consumer DiscretionaryTop 71% of 52This company $60.0M Sector average $641.6M
▼
-90.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.5%, indicating consistent growth.
- In FY2025, r&d expense increased 50.0% year-over-year.
- Ranks #37 out of 52 companies in the Consumer Discretionary sector.
- Lowest r&d expense in the period was in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 23.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $60.0M | +50.0% |
| FY2024 | $40.0M | +8.1% |
| FY2023 | $37.0M | -19.6% |
| FY2022 | $46.0M | +12.2% |
| FY2021 | $41.0M | -10.9% |
| FY2020 | $46.0M | +12.2% |
| FY2019 | $41.0M | -18.0% |
| FY2018 | $50.0M | -2.0% |
| FY2017 | $51.0M | +10.9% |
| FY2016 | $46.0M | - |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026