Target Corporation (TGT)
NYSE: TGT · Real-Time Price · USD
130.19
+1.37 (1.06%)
At close: May 6, 2026, 4:00 PM EDT
130.01
-0.18 (-0.14%)
After-hours: May 6, 2026, 7:54 PM EDT
Target Income Statement
Financials in millions USD. Fiscal year is February - January.
Millions USD. Fiscal year is Feb - Jan.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 | Jul '21 Jul 31, 2021 | May '21 May 1, 2021 |
| 30,453 | 25,270 | 25,211 | 23,846 | 30,915 | 25,668 | 25,452 | 24,531 | 33,076 | 25,398 | 24,773 | 25,322 | 32,515 | 26,518 | 26,037 | 25,170 | 30,996 | 25,652 | 25,160 | 24,197 | |
Revenue Growth (YoY) | -1.49% | -1.55% | -0.95% | -2.79% | -6.53% | 1.06% | 2.74% | -3.12% | 1.73% | -4.22% | -4.86% | 0.60% | 4.90% | 3.38% | 3.49% | 4.02% | 9.38% | 13.34% | 9.51% | 23.36% |
Cost of Revenue | 22,343 | 18,137 | 17,903 | 17,128 | 22,802 | 18,402 | 17,826 | 17,471 | 23,495 | 18,149 | 17,798 | 18,386 | 24,023 | 19,680 | 20,142 | 18,461 | 22,761 | 18,206 | 17,280 | 16,716 |
Gross Profit | 8,110 | 7,133 | 7,308 | 6,718 | 8,113 | 7,266 | 7,626 | 7,060 | 9,581 | 7,249 | 6,975 | 6,936 | 8,492 | 6,838 | 5,895 | 6,709 | 8,235 | 7,446 | 7,880 | 7,481 |
Selling, General & Admin | 6,049 | 5,536 | 5,359 | 4,591 | 6,000 | 5,459 | 5,365 | 5,146 | 5,937 | 5,316 | 5,184 | 5,025 | 5,598 | 5,219 | 5,002 | 4,762 | 5,535 | 4,859 | 4,849 | 4,509 |
Depreciation & Amortization Expenses | - | 649 | 632 | 655 | - | 639 | 626 | 618 | 622 | 616 | 594 | 583 | 615 | 597 | 572 | 601 | 605 | 577 | 564 | 598 |
Total Operating Expenses | 6,049 | 6,185 | 5,991 | 5,246 | 6,000 | 6,098 | 5,991 | 5,764 | 6,559 | 5,932 | 5,778 | 5,608 | 6,213 | 5,816 | 5,574 | 5,363 | 6,140 | 5,436 | 5,413 | 5,107 |
Operating Income | 1,380 | 948 | 1,317 | 1,472 | 1,467 | 1,168 | 1,635 | 1,296 | 1,865 | 1,317 | 1,197 | 1,328 | 1,159 | 1,022 | 321 | 1,346 | 2,095 | 2,010 | 2,467 | 2,374 |
Interest Expense | -99 | -115 | -116 | -116 | -90 | -105 | -110 | -106 | -107 | -107 | -141 | -147 | -129 | -125 | -112 | -112 | -104 | -105 | -104 | -108 |
Other Non-Operating Income (Expense) | 27 | 26 | 17 | 26 | 29 | 28 | 20 | 29 | 28 | 25 | 16 | 23 | 13 | 12 | 8 | 15 | 26 | 6 | 7 | 343 |
Total Non-Operating Income (Expense) | -72 | -89 | -99 | -90 | -61 | -77 | -90 | -77 | -79 | -82 | -125 | -124 | -116 | -113 | -104 | -97 | -78 | -99 | -97 | 235 |
Pretax Income | 1,308 | 859 | 1,218 | 1,382 | 1,406 | 1,091 | 1,545 | 1,219 | 1,786 | 1,235 | 1,072 | 1,204 | 1,043 | 909 | 217 | 1,249 | 2,017 | 1,911 | 2,370 | 2,609 |
Provision for Income Taxes | 263 | 170 | 283 | 346 | 303 | 237 | 353 | 277 | 404 | 264 | 237 | 254 | 167 | 197 | 34 | 240 | 473 | 423 | 553 | 512 |
Net Income | 1,045 | 689 | 935 | 1,036 | 1,103 | 854 | 1,192 | 942 | 1,382 | 971 | 835 | 950 | 876 | 712 | 183 | 1,009 | 1,544 | 1,488 | 1,817 | 2,097 |
Net Income to Common | 1,045 | 689 | 935 | 1,036 | 1,103 | 854 | 1,192 | 942 | 1,382 | 971 | 835 | 950 | 876 | 712 | 183 | 1,009 | 1,544 | 1,488 | 1,817 | 2,097 |
Net Income Growth | -5.26% | -19.32% | -21.56% | 9.98% | -20.19% | -12.05% | 42.75% | -0.84% | 57.76% | 36.38% | 356.28% | -5.85% | -43.26% | -52.15% | -89.93% | -51.88% | 11.88% | 46.75% | 7.51% | 638.38% |
Shares Outstanding (Basic) | 453 | 454 | 455 | 455 | 457 | 460 | 463 | 462 | 462 | 462 | 462 | 461 | 460 | 460 | 462 | 464 | 476 | 485 | 493 | 499 |
Shares Outstanding (Diluted) | 455 | 455 | 456 | 457 | 458 | 462 | 464 | 464 | 463 | 463 | 463 | 463 | 463 | 463 | 464 | 468 | 481 | 489 | 498 | 503 |
Shares Change (YoY) | -0.72% | -1.39% | -1.70% | -1.59% | -1.01% | -0.24% | 0.22% | 0.22% | 0.09% | 0.02% | -0.24% | -1.05% | -3.72% | -5.50% | -6.81% | -7.07% | -5.02% | -3.17% | -1.37% | -0.47% |
EPS (Basic) | 2.31 | 1.52 | 2.06 | 2.28 | 2.42 | 1.86 | 2.58 | 2.04 | 2.99 | 2.10 | 1.81 | 2.06 | 1.90 | 1.55 | 0.40 | 2.17 | 3.24 | 3.07 | 3.68 | 4.20 |
EPS (Diluted) | 2.30 | 1.51 | 2.05 | 2.27 | 2.41 | 1.85 | 2.57 | 2.03 | 2.98 | 2.10 | 1.80 | 2.05 | 1.89 | 1.54 | 0.39 | 2.16 | 3.21 | 3.04 | 3.65 | 4.17 |
EPS Growth | -4.56% | -18.38% | -20.23% | 11.82% | -19.13% | -11.91% | 42.78% | -0.98% | 57.67% | 36.36% | 361.54% | -5.09% | -41.12% | -49.34% | -89.31% | -48.20% | 17.58% | 51.24% | 8.96% | 644.64% |
Shares Outstanding | 452.84 | 452.8 | 454.4 | 454.37 | 455.57 | 459.25 | 461.6 | 462.64 | 461.68 | 461.65 | 461.6 | 461.55 | 460.35 | 460.3 | 460.24 | 463.68 | 471.27 | 480.91 | 489.65 | 496.09 |
Free Cash Flow | 2,192 | 149 | 1,009 | -515 | 2,366 | 84 | 1,599 | 427 | 2,435 | 807 | 913 | -340 | 2,261 | -1,201 | -224 | -2,346 | 1,967 | 1,030 | 1,485 | 599 |
Free Cash Flow Growth | -7.35% | 77.38% | -36.90% | - | -2.83% | -89.59% | 75.14% | - | 7.70% | - | - | - | 14.95% | - | - | - | -30.76% | -22.73% | -53.14% | 12.38% |
Free Cash Flow Per Share | 4.82 | 0.33 | 2.21 | -1.13 | 5.16 | 0.18 | 3.45 | 0.92 | 5.26 | 1.74 | 1.97 | -0.73 | 4.89 | -2.60 | -0.48 | -5.01 | 4.09 | 2.10 | 2.98 | 1.19 |
Dividends Per Share | 1.140 | 1.140 | 1.120 | 1.120 | 1.120 | 1.120 | 1.100 | 1.100 | 1.100 | 1.100 | 1.080 | 1.080 | 1.080 | 1.080 | 0.900 | 0.900 | 0.900 | 0.900 | 0.680 | 0.680 |
Dividend Growth | 1.79% | 1.79% | 1.82% | 1.82% | 1.82% | 1.82% | 1.85% | 1.85% | 1.85% | 1.85% | 20.00% | 20.00% | 20.00% | 20.00% | 32.35% | 32.35% | 32.35% | 32.35% | 3.03% | 3.03% |
Gross Margin | 26.63% | 28.23% | 28.99% | 28.17% | 26.24% | 28.31% | 29.96% | 28.78% | 28.97% | 28.54% | 28.16% | 27.39% | 26.12% | 25.79% | 22.64% | 26.65% | 26.57% | 29.03% | 31.32% | 30.92% |
Operating Margin | 4.53% | 3.75% | 5.22% | 6.17% | 4.75% | 4.55% | 6.42% | 5.28% | 5.64% | 5.19% | 4.83% | 5.24% | 3.56% | 3.85% | 1.23% | 5.35% | 6.76% | 7.84% | 9.81% | 9.81% |
Profit Margin | 3.43% | 2.73% | 3.71% | 4.34% | 3.57% | 3.33% | 4.68% | 3.84% | 4.18% | 3.82% | 3.37% | 3.75% | 2.69% | 2.68% | 0.70% | 4.01% | 4.98% | 5.80% | 7.22% | 8.67% |
FCF Margin | 7.20% | 0.59% | 4.00% | -2.16% | 7.65% | 0.33% | 6.28% | 1.74% | 7.36% | 3.18% | 3.69% | -1.34% | 6.95% | -4.53% | -0.86% | -9.32% | 6.35% | 4.02% | 5.90% | 2.48% |
EBITDA | 2,183 | 1,721 | 2,088 | 2,259 | 2,233 | 1,922 | 2,378 | 2,014 | 2,594 | 2,039 | 1,880 | 1,995 | 1,855 | 1,697 | 971 | 2,025 | 2,785 | 2,662 | 3,100 | 3,041 |
EBITDA Margin | 7.17% | 6.81% | 8.28% | 9.47% | 7.22% | 7.49% | 9.34% | 8.21% | 7.84% | 8.03% | 7.59% | 7.88% | 5.71% | 6.40% | 3.73% | 8.05% | 8.99% | 10.38% | 12.32% | 12.57% |
EBIT | 1,380 | 948 | 1,317 | 1,472 | 1,467 | 1,168 | 1,635 | 1,296 | 1,865 | 1,317 | 1,197 | 1,328 | 1,159 | 1,022 | 321 | 1,346 | 2,095 | 2,010 | 2,467 | 2,374 |
EBIT Margin | 4.53% | 3.75% | 5.22% | 6.17% | 4.75% | 4.55% | 6.42% | 5.28% | 5.64% | 5.19% | 4.83% | 5.24% | 3.56% | 3.85% | 1.23% | 5.35% | 6.76% | 7.84% | 9.81% | 9.81% |
Effective Tax Rate | 20.11% | 19.79% | 23.23% | 25.04% | 21.55% | 21.72% | 22.85% | 22.72% | 22.62% | 21.38% | 22.11% | 21.10% | 16.01% | 21.67% | 15.67% | 19.22% | 23.45% | 22.13% | 23.33% | 19.62% |
Updated Mar 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.