FINHUB Insights

TGT · Q1 FY25 · Feb 2 – May 3, 2025

Target Q1 FY25: where the revenue came from and where it went

Target Q1 FY25: revenue $23.8B (−3% year over year). Net profit $1B. Largest cohort Food and Beverage $5.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Feb 2 – May 3, 2025
Reported
May 30, 2025 10-Q
Sankey diagram of Target's income statement for Q1 FY25: revenue of $23.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$23.8B −3% year over year
Gross profit$6.7B 28% margin
Operating profit$1.5B 6% margin
Net profit$1B 4% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends May 3, 2025).
ItemValueShare of revenueYear over year
Revenue 23.8 100% −3%
Food and Beverage 5.9 25% +1%
Household Essentials 4.4 18% −4%
Apparel and Accessories 3.7 16% −5%
Home Furnishings and Decor 3.2 13% −8%
Beauty 3.1 13% −1%
Hardlines 3.1 13% −3%
Other 0.3 1%
Advertising Revenue 0.2 1% +25%
Cost of revenue−17.172%
Gross profit6.728% margin−1pp
SG&A−4.619%−2pp
Other−0.73%+0pp
Operating profit1.56% margin+1pp
Tax−0.4
Interest & other costs−0.1
Net profit14%+1pp
Filing on EDGAR More quarters of TGT

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters