Target Corp financials

Key figures from Target Corp's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricAug 2026Aug 2025Change
Revenue$26.5B$25.2B+5.3%
Net income$1.9B$935M+100.7%
Free cash flow$2.4B$1.0B+141.2%
Gross margin33.7%29.0%+4.7 pts
Operating margin9.6%5.2%+4.4 pts
Net margin7.1%3.7%+3.4 pts

Quarterly trend

Revenue by quarter
$25.4BOct 2023$31.9BFeb 2024*$24.5BMay 2024$25.5BAug 2024$25.7BNov 2024$30.9BFeb 2025*$23.8BMay 2025$25.2BAug 2025$25.3BNov 2025$30.5BJan 2026*$25.4BMay 2026$26.5BAug 2026
Net income by quarter
$971MOct 2023$1.4BFeb 2024*$942MMay 2024$1.2BAug 2024$854MNov 2024$1.1BFeb 2025*$1.0BMay 2025$935MAug 2025$689MNov 2025$1.0BJan 2026*$781MMay 2026$1.9BAug 2026
Free cash flow by quarter
$807MOct 2023$2.4BFeb 2024*$427MMay 2024$1.6BAug 2024$84MNov 2024$2.4BFeb 2025*-$515MMay 2025$1.0BAug 2025$149MNov 2025$2.2BJan 2026*-$319MMay 2026$2.4BAug 2026
Margins by quarter
0%19%38%Oct 2023Feb 2024*May 2024Aug 2024Nov 2024Feb 2025*May 2025Aug 2025Nov 2025Jan 2026*May 2026Aug 202628.5%26.4%28.8%30.0%28.3%26.2%28.2%29.0%28.2%26.6%29.0%33.7%5.2%5.8%5.3%6.4%4.6%4.7%6.2%5.2%3.8%4.5%4.5%9.6%3.8%4.3%3.8%4.7%3.3%3.6%4.3%3.7%2.7%3.4%3.1%7.1%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Jan 2026$104.8B$3.7B3.5%$2.8B$8.13
FY Feb 2025$106.6B$4.1B3.8%$4.5B$8.86
FY Feb 2024$107.4B$4.1B3.9%$3.8B$8.94
FY Jan 2023$109.1B$2.8B2.5%-$1.5B$5.98
FY Jan 2022$106.0B$6.9B6.6%$5.1B$14.10

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.