Target CorporationTGTEarnings & Financial Report
Target Corporation, doing business as Target, is an American retail corporation headquartered in Minneapolis, Minnesota, United States. Target operates retail stores. It is the eighth-largest retailer in the United States and is a component of the S&P 500 Index.
TGT Q3 2026 Key Financial Metrics
Revenue
$25.3B
Gross Profit
$7.1B
Operating Profit
$948.0M
Net Profit
$689.0M
Gross Margin
28.2%
Operating Margin
3.8%
Net Margin
2.7%
YoY Growth
-1.6%
EPS
$1.51
Financial Flow
Target Corporation Q3 2026 Financial Summary
Target Corporation reported revenue of $25.3B for Q3 2026, with a net profit of $689.0M (2.7% margin). Cost of goods sold was $18.1B, operating expenses totaled $6.2B.
Key Financial Metrics
| Total Revenue | $25.3B |
|---|---|
| Net Profit | $689.0M |
| Gross Margin | 28.2% |
| Operating Margin | 3.8% |
| Report Period | Q3 2026 |
Target Corporation Annual Revenue by Year
Target Corporation annual revenue history includes year-by-year totals (for example, 2025 revenue was $106.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $106.6B |
| 2024 | $107.4B |
| 2023 | $109.1B |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.92B | $24.53B | $25.45B | $25.67B | $30.91B | $23.85B | $25.21B | $25.27B |
| YoY Growth | 1.7% | -3.1% | 2.7% | 1.1% | -3.1% | -2.8% | -0.9% | -1.6% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $55.36B | $55.12B | $55.99B | $58.53B | $57.77B | $56.19B | $57.85B | $59.99B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $13.43B | $13.84B | $14.43B | $14.49B | $14.67B | $14.95B | $15.42B | $15.50B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.29B | $1.10B | $2.24B | $739.0M | $3.29B | $275.0M | $2.08B | $1.13B |
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