Target (TGT) Operating Leases (2017 - 2026)

Target's Operating Leases history runs 10 years deep, the most recent figure standing at $3.4 billion for Q2 2026.

• Quarterly Operating Leases fell 4.15% year-over-year to $3.4 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $3.4 billion (down 4.15% YoY) and the FY2026 annual result came in at $3.5 billion, down 3.35% from the prior year.
• Operating Leases was $3.4 billion for Q2 2026 at Target, down from $3.5 billion in the prior quarter.
• Across five years, Operating Leases topped out at $5.6 billion in Q1 2024 and bottomed at $2.5 billion in Q3 2022.
• A 5-year average of $3.5 billion and a median of $3.4 billion in 2024 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2024 — Operating Leases advanced 29.42% — and 2025, when it slumped 36.27%.
• Target's Operating Leases stood at $2.6 billion in 2022, then advanced by 17.03% to $3.0 billion in 2023, then gained by 12.77% to $3.4 billion in 2024, then climbed by 3.63% to $3.5 billion in 2025, then decreased by 3.56% to $3.4 billion in 2026.
• Business Quant data shows TGT's Operating Leases at $3.4 billion in Q2 2026, $3.5 billion in Q1 2026, and $3.5 billion in Q4 2025.