Target (TGT) EBITDA (2009 - 2026)

Target's EBITDA history runs 18 years deep, the most recent figure standing at $1.1 billion for Q2 2026.

• Quarterly EBITDA fell 22.89% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $4.8 billion (down 16.75% YoY) and the FY2026 annual result came in at $5.1 billion, down 8.07% from the prior year.
• EBITDA was $1.1 billion for Q2 2026 at Target, down from $1.4 billion in the prior quarter.
• Across five years, EBITDA topped out at $2.1 billion in Q1 2022 and bottomed at $321.0 million in Q3 2022.
• A 5-year average of $1.3 billion and a median of $1.3 billion in 2023 frame the typical range for EBITDA.
• Annual changes were most pronounced in 2022 — EBITDA sank 86.99% — and 2023, when it soared 272.9%.
• Target's EBITDA stood at $1.0 billion in 2022, then rose by 28.86% to $1.3 billion in 2023, then slipped by 11.31% to $1.2 billion in 2024, then decreased by 18.84% to $948.0 million in 2025, then grew by 19.73% to $1.1 billion in 2026.
• Business Quant data shows TGT's EBITDA at $1.1 billion in Q2 2026, $1.4 billion in Q1 2026, and $948.0 million in Q4 2025.