Target (TGT) Operating Income (2009 - 2026)
Target's Operating Income was $2.56 billion in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 94.4% from $1.32 billion a year earlier and up 125.6% from the prior quarter.
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Analysis
Target (TGT) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Target's Operating Income was $6.02 billion through Aug 1, 2026, up 11.0% year-over-year; for FY2026 (ended Jan 31, 2026), it was $5.12 billion, down 8.1% from FY2025.
- Operating Income shows a five-year compound annual growth rate of -4.8% (FY2021 to FY2026).
- In earlier fiscal years, Operating Income was $5.57 billion in FY2025 (-2.5%), $5.71 billion in FY2024 (+48.3%), $3.85 billion in FY2023 (-57.0%) and $8.95 billion in FY2022 (+36.8%).
- The fiscal Q2 2027 figure marks the highest quarterly Operating Income in data going back to fiscal Q4 2009.
- Compared with a year earlier, Operating Income was higher in two of the last eight quarters, with growth averaging 1.0%.
- The best year-over-year quarter for Operating Income over five years was fiscal Q2 2024 (growth of 272.9%); the worst was fiscal Q2 2023 (a decline of 87.0%).
- Per Business Quant data, TGT's Operating Income in the three fiscal quarters before Q2 2027 was $1.14 billion (Q1 2027), $1.38 billion (Q4 2026) and $948 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 27.46 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 6.84 Bn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 1.99 Bn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 3.55 Bn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 1.10 Bn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 2.56 Bn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 985.75 Mn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 680.00 Mn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 923.76 Mn |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | 670.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 2.56 Bn |
| May 2, 2026 | 1.14 Bn |
| Jan 31, 2026 | 1.38 Bn |
| Nov 1, 2025 | 948.00 Mn |
| Aug 2, 2025 | 1.32 Bn |
| May 3, 2025 | 1.47 Bn |
| Feb 1, 2025 | 1.47 Bn |
| Nov 2, 2024 | 1.17 Bn |
| Aug 3, 2024 | 1.64 Bn |
| May 4, 2024 | 1.30 Bn |
| Feb 3, 2024 | 1.87 Bn |
| Oct 28, 2023 | 1.32 Bn |
| Jul 29, 2023 | 1.20 Bn |
| Apr 29, 2023 | 1.33 Bn |
| Jan 28, 2023 | 1.16 Bn |
| Oct 29, 2022 | 1.02 Bn |
| Jul 30, 2022 | 321.00 Mn |
| Apr 30, 2022 | 1.35 Bn |
| Jan 29, 2022 | 2.10 Bn |
| Oct 30, 2021 | 2.01 Bn |
API Access
Target Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=TGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "TGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();