TGT
Target Corporation
Stock
$156.00−0.70 (−0.45%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $107.7B | $104.8B | $106.6B | $107.4B | $109.1B | $106.0B | $93.6B | $78.1B | $75.4B | $72.7B | $70.3B | $73.3B | $69.9B | $67.4B | $65.4B |
| Cost of revenue | $76.1B | $75.5B | $76.5B | $77.8B | $82.3B | $75.0B | $66.2B | $54.9B | $53.3B | $52.0B | $49.9B | $50.6B | $47.9B | $45.7B | $44.1B |
| Gross profit | $31.6B | $29.3B | $30.1B | $29.6B | $26.8B | $31.0B | $27.4B | $23.2B | $22.1B | $20.8B | $20.4B | $22.7B | $22.0B | $21.7B | $21.3B |
| SG&A | $22.9B | $21.5B | $22.0B | $21.5B | $20.6B | $19.8B | $18.6B | $16.2B | $15.7B | $15.1B | $14.2B | $14.6B | $14.1B | $13.5B | $13.1B |
| Other operating expenses | $2.7B | $2.6B | $2.5B | $2.4B | $2.4B | $2.3B | $2.2B | $2.4B | $2.2B | $1.4B | $1.3B | $2.9B | $2.6B | $3.0B | $3.6B |
| Operating income | $6.0B | $5.1B | $5.6B | $5.7B | $3.8B | $8.9B | $6.5B | $4.7B | $4.1B | $4.2B | $4.9B | $5.2B | $5.3B | $5.2B | $4.6B |
| Non-operating income | −$364M | −$350M | −$305M | −$410M | −$430M | −$39M | −$993M | −$468M | −$434M | −$594M | −$903M | −$150M | −$794M | −$674M | −$704M |
| Pretax income | $5.7B | $4.8B | $5.3B | $5.3B | $3.4B | $8.9B | $5.5B | $4.2B | $3.7B | $3.6B | $4.0B | $5.1B | $4.5B | $4.5B | $3.9B |
| Taxes | $1.3B | $1.1B | $1.2B | $1.2B | $638M | $2.0B | $1.2B | $909M | $739M | $716M | $1.2B | $2.1B | $1.5B | $1.6B | $1.4B |
| Net income | $4.4B | $3.7B | $4.1B | $4.1B | $2.8B | $6.9B | $4.4B | $3.3B | $2.9B | $2.9B | $2.7B | $3.0B | $2.9B | $2.9B | $2.5B |
| Diluted EPS | $9.63 | $8.13 | $8.86 | $8.94 | $5.98 | $14.10 | $8.64 | $6.36 | $5.51 | $5.29 | $4.69 | $4.52 | $4.28 | $4.00 | $3.30 |
| Diluted shares | — | 455.6M | 461.8M | 462.8M | 464.7M | 492.7M | 505.4M | 515.6M | 533.2M | 550.3M | 582.5M | 663.3M | 683.9M | 729.4M | 754.8M |
| Revenue growth | — | −1.7% | −0.8% | −1.6% | +2.9% | +13.3% | +19.8% | +3.7% | +3.6% | +3.5% | — | +4.9% | +3.7% | +3.1% | — |
| Gross margin | 29.3% | 27.9% | 28.2% | 27.5% | 24.6% | 29.3% | 29.3% | 29.8% | 29.3% | 28.5% | 29.0% | 31.0% | 31.5% | 32.1% | 32.6% |
| Operating margin | 5.6% | 4.9% | 5.2% | 5.3% | 3.5% | 8.4% | 7.0% | 6.0% | 5.5% | 5.8% | 6.9% | 7.1% | 7.5% | 7.7% | 7.0% |
| Net margin | 4.1% | 3.5% | 3.8% | 3.9% | 2.5% | 6.6% | 4.7% | 4.2% | 3.9% | 4.0% | 3.9% | 4.1% | 4.2% | 4.3% | 3.8% |