Target

TGT Consumer Staples Market cap $72.1B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 May 3 – Aug 1, 2026 reported Aug 28, 2026

Revenue$26.5B +5% year over year

Gross profit$8.9B 34% margin

Operating profit$2.6B 10% margin

Net profit$1.9B 7% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Aug 1, 2026).
Item	Value	Share of revenue	Year over year
Revenue	26.5	100%	+5%
Food & beverage	6.3	24%	+12%
Household essentials	4.6	17%	+3%
Apparel & accessories	3.8	15%	−6%
Hardlines (Fun 101)	3.5	13%
Beauty	3.4	13%	+0%
Home furnishings & décor	3.2	12%
Other revenue	1.7	6%
Cost of revenue	−17.6	66%
Gross profit	8.9	34% margin	+5pp
SG&A	−5.7	22%	+0pp
Other	−0.7	2%	+0pp
Operating profit	2.6	10% margin	+4pp
Interest & other costs	−0.1
Tax	−0.6
Net profit	1.9	7% margin	+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends May 2, 2026).
Item	Value	Share of revenue	Year over year
Revenue	25.44	100%	+7%
Food & beverage	6.26	25%	+6%
Household essentials	4.57	18%	+5%
Apparel & accessories	3.85	15%	+4%
Hardlines	3.52	14%	+15%
Beauty	3.40	13%	+10%
Home furnishings & decor	3.24	13%	+1%
Other revenue	0.36	1%
Advertising	0.25	1%	+51%
Cost of revenue	−18.06	71%
Gross profit	7.38	29% margin	+1pp
SG&A	−5.56	22%	+3pp
Other	−0.69	3%	+0pp
Operating profit	1.14	4% margin	−2pp
Interest & other costs	−0.10
Tax	−0.25
Net profit	0.78	3% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jan 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	30.45	100%	−1%
Food & beverage	6.64	22%	+2%
Hardlines	6.01	20%	−2%
Home furnishings & decor	4.82	16%	−5%
Household essentials	4.70	15%	−2%
Apparel & accessories	4.10	14%	−6%
Beauty	3.49	11%	+1%
Other revenue	0.41	1%
Advertising	0.29	1%	+55%
Cost of revenue	−22.34	73%
Gross profit	8.11	27% margin	+0pp
SG&A	−6.05	20%	+0pp
Other	−0.68	2%	+0pp
Operating profit	1.38	5% margin	+0pp
Interest & other costs	−0.07
Tax	−0.26
Net profit	1.05	3% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Nov 1, 2025).
Item	Value	Share of revenue	Year over year
Revenue	25.27	100%	−2%
Food & beverage	6.01	24%	+2%
Household essentials	4.54	18%	−4%
Home furnishings & decor	3.91	15%	−7%
Apparel & accessories	3.84	15%	−4%
Beauty	3.23	13%	+0%
Hardlines	3.19	13%	+1%
Other revenue	0.31	1%
Advertising	0.24	1%	+44%
Cost of revenue	−18.14	72%
Gross profit	7.13	28% margin	+0pp
SG&A	−5.54	22%	+1pp
Other	−0.65	2%	+0pp
Operating profit	0.95	4% margin	−1pp
Interest & other costs	−0.09
Tax	−0.17
Net profit	0.69	3% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Aug 2, 2025).
Item	Value	Share of revenue	Year over year
Revenue	25.21	100%	−1%
Food & beverage	5.59	22%	+1%
Household essentials	4.42	18%	−3%
Apparel & accessories	4.09	16%	−4%
Home furnishings & decor	3.66	15%	−6%
Hardlines	3.52	14%	+6%
Beauty	3.40	13%	+0%
Other revenue	0.32	1%
Advertising	0.22	1%	+34%
Cost of revenue	−17.90	71%
Gross profit	7.31	29% margin	−1pp
SG&A	−5.36	21%	+0pp
Other	−0.63	3%	+0pp
Operating profit	1.32	5% margin	−1pp
Interest & other costs	−0.10
Tax	−0.28
Net profit	0.94	4% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY25 (period ends May 3, 2025).
Item	Value	Share of revenue	Year over year
Revenue	23.85	100%	−3%
Food & beverage	5.90	25%	+1%
Household essentials	4.36	18%	−4%
Apparel & accessories	3.71	16%	−5%
Home furnishings & decor	3.22	13%	−8%
Beauty	3.10	13%	−1%
Hardlines	3.07	13%	−3%
Other revenue	0.32	1%
Advertising	0.16	1%	+25%
Cost of revenue	−17.13	72%
Gross profit	6.72	28% margin	−1pp
SG&A	−4.59	19%	−2pp
Other	−0.66	3%	+0pp
Operating profit	1.47	6% margin	+1pp
Interest & other costs	−0.09
Tax	−0.35
Net profit	1.04	4% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 May 3 – Aug 1, 2026 reported Aug 28, 2026 Operating margin 10% Net profit $1.88B	May 3 – Aug 1, 2026	Aug 28, 2026	$26.5B	+5%	10%	$1.88B	7%
Q1 FY26 Feb 1 – May 2, 2026 reported May 29, 2026 Operating margin 4% Net profit $0.78B	Feb 1 – May 2, 2026	May 29, 2026	$25.4B	+7%	4%	$0.78B	3%
Q4 FY25 Nov 2, 2025 – Jan 31, 2026 reported Mar 11, 2026 Operating margin 5% Net profit $1.05B	Nov 2, 2025 – Jan 31, 2026	Mar 11, 2026	$30.5B	−1%	5%	$1.05B	3%
Q3 FY25 Aug 3 – Nov 1, 2025 reported Nov 26, 2025 Operating margin 4% Net profit $0.69B	Aug 3 – Nov 1, 2025	Nov 26, 2025	$25.3B	−2%	4%	$0.69B	3%
Q2 FY25 May 4 – Aug 2, 2025 reported Aug 29, 2025 Operating margin 5% Net profit $0.94B	May 4 – Aug 2, 2025	Aug 29, 2025	$25.2B	−1%	5%	$0.94B	4%
Q1 FY25 Feb 2 – May 3, 2025 reported May 30, 2025 Operating margin 6% Net profit $1.04B	Feb 2 – May 3, 2025	May 30, 2025	$23.8B	−3%	6%	$1.04B	4%