Target (TGT) Deferred Taxes (2009 - 2026)
Target's (TGT) quarterly Deferred Taxes came in at $173.0 million in Q2 2026, up 380.56% YoY from $36.0 million in Q2 2025, and up 608.82% on a QoQ basis from -$34.0 million in Q1 2026.
Target (TGT) Deferred Taxes (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of Deferred Taxes data on file, last reported at $173.0 million in Q2 2026.
- Quarterly Deferred Taxes rose 380.56% year-over-year to $173.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $82.0 million (up 139.42% YoY) and the FY2026 annual result came in at -$55.0 million, up 69.44% from the prior year.
- Deferred Taxes climbed to $173.0 million in Q2 2026, from -$34.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $321.0 million in Q4 2022 to a low of -$133.0 million in Q4 2025.
- A 5-year average of $61.5 million and a median of $55.0 million in 2023 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes jumped 514.81% — and 2025, when it slumped 365.22%.
- Tracing TGT's Deferred Taxes over 5 years: stood at $321.0 million in 2022, then plunged by 65.42% to $111.0 million in 2023, then plunged by 166.67% to -$74.0 million in 2024, then tumbled by 79.73% to -$133.0 million in 2025, then surged by 230.08% to $173.0 million in 2026.
- The last three Deferred Taxes figures came in at $173.0 million (Q2 2026), -$34.0 million (Q1 2026), and -$133.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.27 Bn | 813.54 Bn | 44.69 Bn | -640.00 Mn |
| 2 | Costco Wholesale | 420.42 Bn | 400.43 Bn | 9.01 Bn | - |
| 3 | Target | 74.99 Bn | 71.45 Bn | 7.38 Bn | 173.00 Mn |
| 4 | Dollar General | 27.11 Bn | 25.76 Bn | 3.41 Bn | -50.55 Mn |
| 5 | Dollar Tree | 25.75 Bn | 24.74 Bn | 1.83 Bn | 110.40 Mn |
| 6 | BJ's Wholesale Club Holdings | 12.37 Bn | 12.34 Bn | 1.03 Bn | 3.17 Mn |
| 7 | Bbb Foods | 6.05 Bn | 5.36 Bn | 250.62 Mn | -2.12 Mn |
| 8 | Pricesmart | 5.24 Bn | 4.92 Bn | 262.22 Mn | -151,000.00 |
| 9 | Ollie's Bargain Outlet Holdings | 4.63 Bn | 4.38 Bn | 275.96 Mn | 1.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 173.00 Mn |
| Jan 31, 2026 | -34.00 Mn |
| Nov 1, 2025 | -133.00 Mn |
| Aug 2, 2025 | 76.00 Mn |
| May 3, 2025 | 36.00 Mn |
| Feb 1, 2025 | -122.00 Mn |
| Nov 2, 2024 | -74.00 Mn |
| Aug 3, 2024 | -48.00 Mn |
| May 4, 2024 | 64.00 Mn |
| Feb 3, 2024 | 46.00 Mn |
| Oct 28, 2023 | 111.00 Mn |
| Jul 29, 2023 | 46.00 Mn |
| Apr 29, 2023 | 95.00 Mn |
| Jan 28, 2023 | 34.00 Mn |
| Oct 29, 2022 | 321.00 Mn |
| Jul 30, 2022 | 112.00 Mn |
| Apr 30, 2022 | 115.00 Mn |
| Jan 29, 2022 | 289.00 Mn |
| Oct 30, 2021 | 90.00 Mn |
| Jul 31, 2021 | -27.00 Mn |