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
DateValue
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