Target (CBDY) Gross Margin (2020 - 2026)
Target (CBDY) recorded Gross Margin of 45.50% in Q2 2026, down 14.34 percentage points from 59.84% a year earlier but up 23.69 percentage points from the prior quarter.
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Analysis
Target (CBDY) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Target's Gross Margin came in at 39.25% as of Jun 30, 2026, down 19.50 percentage points year-over-year; for FY2025, it came in at 53.28%, down 3.23 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +36.61 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 56.51% in FY2024 (+12.03 pp) and 44.49% in FY2023.
- Quarterly Gross Margin has ranged from 21.81% in Q1 2026 to 68.03% in Q3 2024 over the past five years.
- On a year-over-year basis, Gross Margin has declined for five consecutive quarters, with an average year-over-year change of -4.90 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 22.94 percentage points in Q4 2024, against a drop of 33.23 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.81% (Q1 2026), 39.06% (Q4 2025) and 52.91% (Q3 2025).
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Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.50% |
| Mar 31, 2026 | 21.81% |
| Dec 31, 2025 | 39.06% |
| Sep 30, 2025 | 52.91% |
| Jun 30, 2025 | 59.84% |
| Mar 31, 2025 | 55.04% |
| Dec 31, 2024 | 58.10% |
| Sep 30, 2024 | 68.03% |
| Jun 30, 2024 | 64.56% |
| Mar 31, 2024 | 42.20% |
| Dec 31, 2023 | 35.16% |
| Sep 30, 2023 | 56.58% |
| Jun 30, 2023 | 51.35% |
| Mar 31, 2020 | 16.67% |
API Access
Target Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CBDY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CBDY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CBDY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();