FINHUB Insights

TGT · Q1 FY26 · May 2, 2026

Target Q1 FY26: where the revenue came from and where it went

Target Q1 FY26: revenue $25.4B (+7% year over year). Net profit $0.8B. Largest cohort Food and Beverage $6.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
May 2, 2026
Reported
May 29, 2026 10-Q
Sankey diagram of Target's income statement for Q1 FY26: revenue of $25.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$25.4B +7% year over year
Gross profit$7.4B 29% margin
Operating profit$1.1B 4% margin
Net profit$0.8B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends May 2, 2026).
ItemValueShare of revenueYear over year
Revenue 25.4 100% +7%
Food and Beverage 6.3 25% +6%
Household Essentials 4.6 18% +5%
Apparel and Accessories 3.8 15% +4%
Hardlines 3.5 14% +15%
Beauty 3.4 13% +10%
Home Furnishings and Decor 3.2 13% +1%
Other 0.4 2%
Advertising Revenue 0.2 1% +51%
Cost of revenue−18.171%
Gross profit7.429% margin+1pp
SG&A−5.622%+3pp
Other−0.73%+0pp
Operating profit1.14% margin−2pp
Tax−0.2
Interest & other costs−0.1
Net profit0.83%−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