Target (CBDY) Gross Margin (2016 - 2026)
Target (CBDY) reported Gross Margin of 21.81% for Q1 2026, down 3323.0% year-over-year from 0.68% in Q1 2025, and down 44.18% quarter-over-quarter from 39.06% in Q4 2025.
Target (CBDY) Gross Margin (2016 - 2026) Analysis & Trends
Target (CBDY) has 9 years of Gross Margin data on file, last reported at 21.81% in Q1 2026.
- Gross Margin for Q1 2026 came in at 21.81%, down 3323.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 44.31% (down 1639.0% YoY), and the FY2025 annual result was 53.28%, down 323.0% from the prior year.
- Gross Margin eased to 21.81% in Q1 2026 per CBDY's latest filing, from 39.06% in the prior quarter.
- Over five years, Gross Margin peaked at 68.03% in Q3 2024 and troughed at 21.81% in Q1 2026.
- A 5-year average of 49.87% and a median of 52.09% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2026: Gross Margin surged 6835 bps in 2022, then plunged 3323 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 48.49% in 2022, then declined by 27 bps to 35.16% in 2023, then surged by 65 bps to 58.1% in 2024, then tumbled by 33 bps to 39.06% in 2025, then sank by 44 bps to 21.81% in 2026.
- Business Quant data shows CBDY's Gross Margin at 21.81% in Q1 2026, 39.06% in Q4 2025, and 52.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -293.83% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 61.20% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 65.25% |
| 10 | Target | - | - | 191,787.00 | 21.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2022 | 48.49% |
| Sep 30, 2022 | 44.06% |
| Jun 30, 2022 | 52.83% |
| Mar 31, 2022 | 47.94% |
| Dec 31, 2021 | -19.86% |
| Mar 31, 2020 | 16.67% |
| Dec 31, 2017 | 100.00% |
| Sep 30, 2017 | 100.00% |