Target (TGT) Change in Inventory (2009 - 2026)
Target (TGT) reported Change in Inventory of $13.0 million for Q2 2026, down 95.78% on a YoY basis from $308.0 million in Q2 2025, and up 100.5% quarter-over-quarter from -$2.6 billion in Q1 2026.
Target (TGT) Change in Inventory (2009 - 2026) Analysis & Trends
Target has reported Change in Inventory for 18 years, with the latest figure at $13.0 million in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory fell 95.78% year-over-year to $13.0 million; the trailing twelve-month figure through May 2026 stood at -$731.0 million (down 155.46% YoY), and the FY2026 full-year result was -$436.0 million, down 151.05% from the prior year.
- Change in Inventory for Q2 2026 stood at $13.0 million, up from -$2.6 billion in the prior quarter.
- The five-year high for Change in Inventory was $2.6 billion in Q4 2024, with the low at -$3.6 billion in Q1 2023.
- Historically, Change in Inventory has averaged -$146.7 million across 5 years, with a median of $40.5 million in 2023.
- Annual changes were most pronounced in 2023 — Change in Inventory sank 242.61% — and 2024, when it surged 1185.29%.
- Target's Change in Inventory stood at $1.8 billion in 2022, then gained by 13.91% to $2.0 billion in 2023, then gained by 25.11% to $2.6 billion in 2024, then retreated by 21.32% to $2.0 billion in 2025, then plunged by 99.35% to $13.0 million in 2026.
- The last three Change in Inventory figures came in at $13.0 million (Q2 2026), -$2.6 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 3.83 Bn |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | -2.37 Bn |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 13.00 Mn |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | -271.18 Mn |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | -24.10 Mn |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 112.79 Mn |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 4.29 Mn |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | -52.57 Mn |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | 5.53 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 |