Target Corporation (VIE:TGTC)

Target Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Feb 1, 2025	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022
Revenue	104,780	106,566	107,412	109,120	106,005
Revenue Growth (YoY)	-1.68%	-0.79%	-1.57%	2.94%	13.30%
Cost of Revenue	75,511	76,502	77,828	82,306	74,963
Gross Profit	29,269	30,064	29,584	26,814	31,042
Selling, General & Admin	21,535	21,969	21,462	20,581	19,752
Depreciation & Amortization Expenses	2,617	2,529	2,415	2,385	2,344
Operating Income	5,117	5,566	5,707	3,848	8,946
Interest Expense	-445	-411	-502	-478	-421
Other Non-Operating Income (Expense)	95	106	92	48	382
Total Non-Operating Income (Expense)	-350	-305	-410	-430	-39
Pretax Income	4,767	5,261	5,297	3,418	8,907
Provision for Income Taxes	1,062	1,170	1,159	638	1,961
Net Income	3,705	4,091	4,138	2,780	6,946
Net Income to Common	3,705	4,091	4,138	2,780	6,946
Net Income Growth	-9.44%	-1.14%	48.85%	-59.98%	59.02%
Shares Outstanding (Basic)	454	460	462	462	488
Shares Outstanding (Diluted)	456	462	463	465	493
Shares Change (YoY)	-1.34%	-0.22%	-0.41%	-5.68%	-2.51%
EPS (Basic)	8.16	8.89	8.96	6.02	14.23
EPS (Diluted)	8.13	8.86	8.94	5.98	14.10
EPS Growth	-8.24%	-0.90%	49.50%	-57.59%	63.19%
Free Cash Flow	2,835	4,476	3,815	-1,510	5,081
Free Cash Flow Growth	-36.66%	17.33%	-	-	-35.49%
Free Cash Flow Per Share	6.22	9.69	8.24	-3.25	10.31
Dividends Per Share	4.520	4.440	4.360	3.960	3.160
Dividend Growth	1.80%	1.84%	10.10%	25.32%	17.91%
Gross Margin	27.93%	28.21%	27.54%	24.57%	29.28%
Operating Margin	4.88%	5.22%	5.31%	3.53%	8.44%
Profit Margin	3.54%	3.84%	3.85%	2.55%	6.55%
FCF Margin	2.71%	4.20%	3.55%	-1.38%	4.79%
EBITDA	8,251	8,547	8,508	6,548	11,588
EBITDA Margin	7.87%	8.02%	7.92%	6.00%	10.93%
EBIT	5,117	5,566	5,707	3,848	8,946
EBIT Margin	4.88%	5.22%	5.31%	3.53%	8.44%
Effective Tax Rate	22.28%	22.24%	21.88%	18.67%	22.02%

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.