KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeProfit After TaxRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

Target (TGT) Cost of Revenue (2016 - 2026)

Target (TGT) has disclosed Cost of Revenue for 18 consecutive years, with $22.3 billion as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 2.34% year-over-year to $22.3 billion, compared with a TTM value of $75.5 billion through Jan 2026, down 1.39%, and an annual FY2026 reading of $75.5 billion, down 1.3% over the prior year.
  • Cost of Revenue was $22.3 billion for Q1 2026 at Target, up from $18.1 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $24.0 billion in Q1 2023 and bottomed at $17.1 billion in Q2 2025.
  • Average Cost of Revenue over 5 years is $19.7 billion, with a median of $18.4 billion recorded in 2024.
  • The sharpest move saw Cost of Revenue grew 16.56% in 2022, then dropped 11.64% in 2023.
  • Year by year, Cost of Revenue stood at $19.7 billion in 2022, then fell by 7.78% to $18.1 billion in 2023, then increased by 1.39% to $18.4 billion in 2024, then decreased by 1.44% to $18.1 billion in 2025, then rose by 23.19% to $22.3 billion in 2026.
  • Business Quant data shows Cost of Revenue for TGT at $22.3 billion in Q1 2026, $18.1 billion in Q4 2025, and $17.9 billion in Q3 2025.