FINHUB Insights

TGT · Q4 FY25 · Nov 2, 2025 – Jan 31, 2026

Target Q4 FY25: where the revenue came from and where it went

Target Q4 FY25: revenue $30.5B (−1% year over year). Net profit $1.0B. Largest cohort Food & beverage $6.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Nov 2, 2025 – Jan 31, 2026
Reported
Mar 11, 2026 10-K
Sankey diagram of Target's income statement for Q4 FY25: revenue of $30.45 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$30.45B −1% year over year
Gross profit$8.11B 27% margin
Operating profit$1.38B 5% margin
Net profit$1.05B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jan 31, 2026).
ItemValueShare of revenueYear 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 13% −6%
Beauty 3.49 11% +1%
Other 0.41 1%
Advertising 0.29 1% +55%
Cost of revenue−22.3473%
Gross profit8.1127% margin+0pp
SG&A−6.0520%+0pp
Other−0.682%+0pp
Operating profit1.385% margin+0pp
Tax−0.26
Interest & other costs−0.07
Net profit1.053%+0pp
Filing on EDGAR More quarters of TGT

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.