Target (TGT) Net Income (2009 - 2026)
Target (TGT) posted Net Income of $781.0 million for Q2 2026, down 27.55% on a QoQ basis from $1.1 billion in Q1 2026, and down 24.61% year-over-year from $1.0 billion in Q2 2025.
Target (TGT) Net Income (2009 - 2026) Analysis & Trends
Target's Net Income history runs 18 years deep, the most recent figure standing at $781.0 million for Q2 2026.
- Quarterly Net Income fell 24.61% year-over-year to $781.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $3.5 billion (down 16.77% YoY) and the FY2026 annual result came in at $3.7 billion, down 8.63% from the prior year.
- Net Income was $781.0 million for Q2 2026 at Target, down from $1.1 billion in the prior quarter.
- Across five years, Net Income topped out at $1.5 billion in Q1 2022 and bottomed at $183.0 million in Q3 2022.
- A 5-year average of $947.1 million and a median of $946.0 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income plunged 89.93% — and 2023, when it surged 356.28%.
- Target's Net Income stood at $712.0 million in 2022, then jumped by 36.38% to $971.0 million in 2023, then decreased by 12.05% to $854.0 million in 2024, then decreased by 19.32% to $689.0 million in 2025, then rose by 13.35% to $781.0 million in 2026.
- Business Quant data shows TGT's Net Income at $781.0 million in Q2 2026, $1.1 billion in Q1 2026, and $689.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 5.49 Bn |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 2.04 Bn |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 781.00 Mn |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 426.30 Mn |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | - |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 142.73 Mn |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 39.69 Mn |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | 325.23 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 94.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 781.00 Mn |
| Jan 31, 2026 | 1.08 Bn |
| Nov 1, 2025 | 689.00 Mn |
| Aug 2, 2025 | 935.00 Mn |
| May 3, 2025 | 1.04 Bn |
| Feb 1, 2025 | 1.10 Bn |
| Nov 2, 2024 | 854.00 Mn |
| Aug 3, 2024 | 1.19 Bn |
| May 4, 2024 | 942.00 Mn |
| Feb 3, 2024 | 1.38 Bn |
| Oct 28, 2023 | 971.00 Mn |
| Jul 29, 2023 | 835.00 Mn |
| Apr 29, 2023 | 950.00 Mn |
| Jan 28, 2023 | 858.00 Mn |
| Oct 29, 2022 | 712.00 Mn |
| Jul 30, 2022 | 183.00 Mn |
| Apr 30, 2022 | 1.01 Bn |
| Jan 29, 2022 | 1.54 Bn |
| Oct 30, 2021 | 1.49 Bn |
| Jul 31, 2021 | 1.82 Bn |