Target (TGT) Change in Inventory (2009 - 2026)
Target (TGT) posted Change in Inventory of $13.0 million for Q2 2026, up 100.5% on a QoQ basis from -$2.6 billion in Q1 2026, and down 95.78% year-over-year from $308.0 million in Q2 2025.
Target (TGT) Change in Inventory (2009 - 2026) Analysis & Trends
Target's Change in Inventory history runs 18 years deep, the most recent figure standing at $13.0 million for Q2 2026.
- Quarterly Change in Inventory fell 95.78% year-over-year to $13.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$731.0 million (down 155.46% YoY) and the FY2026 annual result came in at -$436.0 million, down 151.05% from the prior year.
- Change in Inventory was $13.0 million for Q2 2026 at Target, up from -$2.6 billion in the prior quarter.
- Across five years, Change in Inventory topped out at $2.6 billion in Q4 2024 and bottomed at -$3.6 billion in Q1 2023.
- A 5-year average of -$146.7 million and a median of $40.5 million in 2023 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2023 — Change in Inventory plunged 242.61% — and 2024, when it surged 1185.29%.
- Target's Change in Inventory stood at $1.8 billion in 2022, then climbed by 13.91% to $2.0 billion in 2023, then climbed by 25.11% to $2.6 billion in 2024, then slipped by 21.32% to $2.0 billion in 2025, then slumped by 99.35% to $13.0 million in 2026.
- Business Quant data shows TGT's Change in Inventory at $13.0 million in Q2 2026, -$2.6 billion in Q1 2026, and $2.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 3.83 Bn |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | -2.37 Bn |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 13.00 Mn |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | -271.18 Mn |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | -24.10 Mn |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 112.79 Mn |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | -90,000.00 |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | 5.53 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | -52.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 13.00 Mn |
| May 2, 2026 | 13.00 Mn |
| Jan 31, 2026 | -2.59 Bn |
| Jan 31, 2026 | -2.59 Bn |
| Nov 1, 2025 | 2.02 Bn |
| Nov 1, 2025 | 2.02 Bn |
| Aug 2, 2025 | -167.00 Mn |
| Aug 2, 2025 | -167.00 Mn |
| May 3, 2025 | 308.00 Mn |
| May 3, 2025 | 308.00 Mn |
| Feb 1, 2025 | -2.43 Bn |
| Feb 1, 2025 | -2.43 Bn |
| Nov 2, 2024 | 2.56 Bn |
| Nov 2, 2024 | 2.56 Bn |
| Aug 3, 2024 | 874.00 Mn |
| Aug 3, 2024 | 874.00 Mn |
| May 4, 2024 | -156.00 Mn |
| May 4, 2024 | -156.00 Mn |
| Feb 3, 2024 | -2.85 Bn |
| Feb 3, 2024 | -2.85 Bn |