Target (TGT) Deferred Taxes (2009 - 2026)

Target has reported Deferred Taxes for 18 years, with the latest figure at $173.0 million in Q2 2026.

• For the quarter ending Q2 2026, Deferred Taxes rose 380.56% year-over-year to $173.0 million; the trailing twelve-month figure through May 2026 stood at $82.0 million (up 139.42% YoY), and the FY2026 full-year result was -$55.0 million, up 69.44% from the prior year.
• Deferred Taxes for Q2 2026 stood at $173.0 million, up from -$34.0 million in the prior quarter.
• The five-year high for Deferred Taxes was $321.0 million in Q4 2022, with the low at -$133.0 million in Q4 2025.
• Historically, Deferred Taxes has averaged $61.5 million across 5 years, with a median of $55.0 million in 2023.
• Annual changes were most pronounced in 2022 — Deferred Taxes jumped 514.81% — and 2025, when it slumped 365.22%.
• Target's Deferred Taxes 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.