Target (TGT) Tax Provisions (2009 - 2026)

Target (TGT) posted Tax Provisions of $252.0 million for Q2 2026, down 4.18% on a QoQ basis from $263.0 million in Q1 2026, and down 27.17% year-over-year from $346.0 million in Q2 2025.

Target (TGT) Tax Provisions (2009 - 2026) Analysis & Trends

Target's Tax Provisions history runs 18 years deep, the most recent figure standing at $252.0 million for Q2 2026.

  • Quarterly Tax Provisions fell 27.17% year-over-year to $252.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $968.0 million (down 21.87% YoY) and the FY2026 annual result came in at $1.1 billion, down 9.23% from the prior year.
  • Tax Provisions was $252.0 million for Q2 2026 at Target, down from $263.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $473.0 million in Q1 2022 and bottomed at $34.0 million in Q3 2022.
  • A 5-year average of $264.1 million and a median of $258.5 million in 2023 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions slumped 93.85% — and 2023, when it soared 597.06%.
  • Target's Tax Provisions stood at $197.0 million in 2022, then jumped by 34.01% to $264.0 million in 2023, then dropped by 10.23% to $237.0 million in 2024, then retreated by 28.27% to $170.0 million in 2025, then jumped by 48.24% to $252.0 million in 2026.
  • Business Quant data shows TGT's Tax Provisions at $252.0 million in Q2 2026, $263.0 million in Q1 2026, and $170.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Walmart 862.66 Bn 858.28 Bn 42.63 Bn 1.66 Bn
2 Costco Wholesale 410.89 Bn 392.65 Bn 8.88 Bn 686.00 Mn
3 Target 61.06 Bn 57.53 Bn 7.38 Bn 252.00 Mn
4 Dollar General 25.36 Bn 24.22 Bn 3.32 Bn 119.17 Mn
5 Dollar Tree 22.75 Bn 21.75 Bn 1.83 Bn 115.10 Mn
6 BJ's Wholesale Club Holdings 11.75 Bn 11.72 Bn 1.03 Bn 52.82 Mn
7 Pricesmart 5.65 Bn 5.52 Bn 262.22 Mn 15.45 Mn
8 Bbb Foods 4.68 Bn 4.08 Bn 210.92 Mn -7.69 Mn
9 Ollie's Bargain Outlet Holdings 4.00 Bn 3.70 Bn 310.92 Mn 19.07 Mn

Historic Data

Download Data
DateValue
May 2, 2026 252.00 Mn
Jan 31, 2026 263.00 Mn
Nov 1, 2025 170.00 Mn
Aug 2, 2025 283.00 Mn
May 3, 2025 346.00 Mn
Feb 1, 2025 303.00 Mn
Nov 2, 2024 237.00 Mn
Aug 3, 2024 353.00 Mn
May 4, 2024 277.00 Mn
Feb 3, 2024 404.00 Mn
Oct 28, 2023 264.00 Mn
Jul 29, 2023 237.00 Mn
Apr 29, 2023 254.00 Mn
Jan 28, 2023 167.00 Mn
Oct 29, 2022 197.00 Mn
Jul 30, 2022 34.00 Mn
Apr 30, 2022 240.00 Mn
Jan 29, 2022 473.00 Mn
Oct 30, 2021 423.00 Mn
Jul 31, 2021 553.00 Mn