Target (TGT) Deferred Taxes (2009 - 2026)
Target (TGT) posted Deferred Taxes of $173.0 million for Q2 2026, up 608.82% on a QoQ basis from -$34.0 million in Q1 2026, and up 380.56% year-over-year from $36.0 million in Q2 2025.
Target (TGT) Deferred Taxes (2009 - 2026) Analysis & Trends
Target's Deferred Taxes history runs 18 years deep, the most recent figure standing at $173.0 million for 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 was $173.0 million for Q2 2026 at Target, up from -$34.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $321.0 million in Q4 2022 and bottomed at -$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 sank 365.22%.
- Target's Deferred Taxes stood at $321.0 million in 2022, then slumped by 65.42% to $111.0 million in 2023, then slumped by 166.67% to -$74.0 million in 2024, then sank by 79.73% to -$133.0 million in 2025, then jumped by 230.08% to $173.0 million in 2026.
- Business Quant data shows TGT's Deferred Taxes at $173.0 million in Q2 2026, -$34.0 million in Q1 2026, and -$133.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | -640.00 Mn |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | - |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 173.00 Mn |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 94.85 Mn |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 110.40 Mn |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 3.17 Mn |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | -151,000.00 |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | - |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 4.77 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 |