Target (TGT) Free Cash Flow (2009 - 2026)

Target has reported Free Cash Flow for 18 years, with the latest figure at -$319.0 million in Q2 2026.

• For the quarter ending Q2 2026, Free Cash Flow rose 38.06% year-over-year to -$319.0 million; the trailing twelve-month figure through May 2026 stood at $3.0 billion (down 14.23% YoY), and the FY2026 full-year result was $2.8 billion, down 36.66% from the prior year.
• Free Cash Flow for Q2 2026 stood at -$319.0 million, down from $2.2 billion in the prior quarter.
• The five-year high for Free Cash Flow was $2.4 billion in Q1 2024, with the low at -$2.3 billion in Q2 2022.
• Historically, Free Cash Flow has averaged $625.8 million across 5 years, with a median of $617.0 million in 2023.
• Annual changes were most pronounced in 2022 — Free Cash Flow slumped 491.65% — and 2023, when it soared 507.59%.
• Target's Free Cash Flow stood at -$1.2 billion in 2022, then surged by 167.19% to $807.0 million in 2023, then plunged by 89.59% to $84.0 million in 2024, then surged by 77.38% to $149.0 million in 2025, then sank by 314.09% to -$319.0 million in 2026.
• The last three Free Cash Flow figures came in at -$319.0 million (Q2 2026), $2.2 billion (Q1 2026), and $149.0 million (Q4 2025), per Business Quant data.