Target (TGT) EBITDA (2009 - 2026)

Target has reported EBITDA for 18 years, with the latest figure at $1.1 billion in Q2 2026.

• For the quarter ending Q2 2026, EBITDA fell 22.89% year-over-year to $1.1 billion; the trailing twelve-month figure through May 2026 stood at $4.8 billion (down 16.75% YoY), and the FY2026 full-year result was $8.2 billion, down 4.07% from the prior year.
• EBITDA for Q2 2026 stood at $1.1 billion, down from $1.4 billion in the prior quarter.
• The five-year high for EBITDA was $2.1 billion in Q1 2022, with the low at $321.0 million in Q3 2022.
• Historically, EBITDA has averaged $1.3 billion across 5 years, with a median of $1.3 billion in 2023.
• Annual changes were most pronounced in 2022 — EBITDA slumped 86.99% — and 2023, when it soared 272.9%.
• Target's EBITDA stood at $1.0 billion in 2022, then grew by 28.86% to $1.3 billion in 2023, then retreated by 11.31% to $1.2 billion in 2024, then fell by 18.84% to $948.0 million in 2025, then advanced by 19.73% to $1.1 billion in 2026.
• The last three EBITDA figures came in at $1.1 billion (Q2 2026), $1.4 billion (Q1 2026), and $948.0 million (Q4 2025), per Business Quant data.