The financials
Target Corporation by the numbers
Target Corporation (TGT) reported revenue of $25.4B in Q1 2026 (quarter ended May 2, 2026), up 6.7% from the same quarter a year earlier. That came with a gross margin of 29% and net income of $781M (3.1% of revenue). For the full year FY2025, revenue was $104.8B (−1.7% year on year) and net income $3.71B. Its largest product in 2026-Q2 was Food And Beverage at $6.26B, 25% of the disclosed total, just ahead of Household Essentials at 18%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $25.4B | $23.8B | +6.7% |
| Gross profit | $7.38B | $6.72B | +9.9% |
| Operating income | $1.14B | $1.47B | −23% |
| Net income | $781M | $1.04B | −25% |
| Diluted EPS | $1.71 | $2.27 | −25% |
| Product | Revenue | Share |
|---|---|---|
| Food And Beverage | $6.26B | 25% |
| Household Essentials | $4.57B | 18% |
| Apparel And Accessories | $3.85B | 15% |
| Hardlines | $3.52B | 14% |
| Beauty | $3.40B | 13% |
| Home Furnishings And Decor | $3.24B | 13% |
| Advertising | $246M | 1.0% |
| Other Other | $173M | 0.7% |
| Credit Card Profit Sharing | $130M | 0.5% |
| Other Product | $56M | 0.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $25.44B (+0.68%)
Advertising grew +51% year on yearCredit Card Profit Sharing -7.8% year on year
Segment Latestquarter on quarteryear on year
- Food And Beverage$6.26B$6.26BQoQ +4.2%year on year +6.1%+4.2%+6.1%
- Household Essentials$4.57B$4.57BQoQ +0.62%year on year +4.9%+0.62%+4.9%
- Apparel And Accessories$3.85B$3.85BQoQ +0.21%year on year +3.6%+0.21%+3.6%
- Hardlines$3.52B$3.52BQoQ +10%year on year +15%+10%+15%
- Beauty$3.40B$3.40BQoQ +5.1%year on year +9.6%+5.1%+9.6%
- Home Furnishings And Decor$3.24B$3.24BQoQ -17%year on year +0.59%-17%+0.59%
- Advertising$246.0M$246.0MQoQ +2.1%year on year +51%+2.1%+51%
- Other Other$173.0M$173.0MQoQ +9.5%year on year +26%+9.5%+26%
- Credit Card Profit Sharing$130.0M$130.0MQoQ +9.2%year on year -7.8%+9.2%-7.8%
- Other Product$56.0M$56.0MQoQ +65%year on year +40%+65%+40%
Discount Stores
Ranks #5 of 9 by Smart Score