Growth Metrics

Target (TGT) Change in Inventory (2016 - 2026)

Target filings provide 18 years of Change in Inventory readings, the most recent being -$2.6 billion for Q1 2026.

  • On a quarterly basis, Change in Inventory fell 6.89% to -$2.6 billion in Q1 2026 year-over-year; TTM through Jan 2026 was -$436.0 million, a 151.05% decrease, with the full-year FY2026 number at -$436.0 million, down 151.05% from a year prior.
  • Change in Inventory hit -$2.6 billion in Q1 2026 for Target, down from $2.0 billion in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $2.6 billion in Q4 2024 to a low of -$3.6 billion in Q1 2023.
  • Median Change in Inventory over the past 5 years was $68.0 million (2023), compared with a mean of -$156.1 million.
  • Biggest five-year swings in Change in Inventory: plummeted 242.61% in 2023 and later skyrocketed 1185.29% in 2024.
  • Target's Change in Inventory stood at $1.8 billion in 2022, then rose by 13.91% to $2.0 billion in 2023, then rose by 25.11% to $2.6 billion in 2024, then fell by 21.32% to $2.0 billion in 2025, then crashed by 228.64% to -$2.6 billion in 2026.
  • The last three reported values for Change in Inventory were -$2.6 billion (Q1 2026), $2.0 billion (Q4 2025), and -$167.0 million (Q3 2025) per Business Quant data.