FINHUB Insights

TGT · Q2 FY25 · May 4 – Aug 2, 2025

Target Q2 FY25: where the revenue came from and where it went

Target Q2 FY25: revenue $25.2B (−1% year over year). Net profit $0.9B. Largest cohort Food and Beverage $5.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
May 4 – Aug 2, 2025
Reported
Aug 29, 2025 10-Q
Sankey diagram of Target's income statement for Q2 FY25: revenue of $25.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$25.2B −1% year over year
Gross profit$7.3B 29% margin
Operating profit$1.3B 5% margin
Net profit$0.9B 4% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Aug 2, 2025).
ItemValueShare of revenueYear over year
Revenue 25.2 100% −1%
Food and Beverage 5.6 22% +1%
Household Essentials 4.4 17% −3%
Apparel and Accessories 4.1 16% −4%
Home Furnishings and Decor 3.7 15% −6%
Hardlines 3.5 14% +6%
Beauty 3.4 13% +0%
Other 0.3 1%
Advertising Revenue 0.2 1% +34%
Cost of revenue−17.971%
Gross profit7.329% margin−1pp
SG&A−5.421%+0pp
Other−0.63%+0pp
Operating profit1.35% margin−1pp
Tax−0.3
Interest & other costs−0.1
Net profit0.94%−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