Target (TGT) Inventory (2009 - 2026)

Target (TGT) posted Inventory of $12.3 billion for Q2 2026, little changed on a QoQ basis from $12.3 billion in Q1 2026, and down 5.6% year-over-year from $13.0 billion in Q2 2025.

Target (TGT) Inventory (2009 - 2026) Analysis & Trends

Target's Inventory history runs 18 years deep, the most recent figure standing at $12.3 billion for Q2 2026.

  • Quarterly Inventory fell 5.6% year-over-year to $12.3 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $12.3 billion (down 5.6% YoY) and the FY2026 annual result came in at $12.3 billion, down 3.42% from the prior year.
  • Inventory was $12.3 billion for Q2 2026 at Target, roughly flat from $12.3 billion in the prior quarter.
  • Across five years, Inventory topped out at $17.1 billion in Q4 2022 and bottomed at $11.7 billion in Q2 2024.
  • A 5-year average of $13.6 billion and a median of $13.0 billion in 2025 frame the typical range for Inventory.
  • Annual changes were most pronounced in 2022 — Inventory surged 43.12% — and 2023, when it decreased 17.21%.
  • Target's Inventory stood at $17.1 billion in 2022, then decreased by 13.94% to $14.7 billion in 2023, then increased by 2.95% to $15.2 billion in 2024, then decreased by 1.77% to $14.9 billion in 2025, then declined by 17.31% to $12.3 billion in 2026.
  • Business Quant data shows TGT's Inventory at $12.3 billion in Q2 2026, $12.3 billion in Q1 2026, and $14.9 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Walmart 862.66 Bn 858.28 Bn 42.63 Bn 62.57 Bn
2 Costco Wholesale 410.89 Bn 392.65 Bn 8.88 Bn 18.99 Bn
3 Target 61.06 Bn 57.53 Bn 7.38 Bn 12.32 Bn
4 Dollar General 25.36 Bn 24.22 Bn 3.32 Bn 6.33 Bn
5 Dollar Tree 22.75 Bn 21.75 Bn 1.83 Bn 2.47 Bn
6 BJ's Wholesale Club Holdings 11.75 Bn 11.72 Bn 1.03 Bn 1.67 Bn
7 Pricesmart 5.65 Bn 5.52 Bn 262.22 Mn 623.05 Mn
8 Bbb Foods 4.68 Bn 4.08 Bn 210.92 Mn 234.62 Mn
9 Ollie's Bargain Outlet Holdings 4.00 Bn 3.70 Bn 310.92 Mn 650.26 Mn

Historic Data

Download Data
DateValue
May 2, 2026 12.32 Bn
Jan 31, 2026 12.30 Bn
Nov 1, 2025 14.90 Bn
Aug 2, 2025 12.88 Bn
May 3, 2025 13.05 Bn
Feb 1, 2025 12.74 Bn
Nov 2, 2024 15.17 Bn
Aug 3, 2024 12.60 Bn
May 4, 2024 11.73 Bn
Feb 3, 2024 11.89 Bn
Oct 28, 2023 14.73 Bn
Jul 29, 2023 12.68 Bn
Apr 29, 2023 12.62 Bn
Jan 28, 2023 13.50 Bn
Oct 29, 2022 17.12 Bn
Jul 30, 2022 15.32 Bn
Apr 30, 2022 15.08 Bn
Jan 29, 2022 13.90 Bn
Oct 30, 2021 14.96 Bn
Jul 31, 2021 11.26 Bn