Target (TGT) Tax Provisions (2009 - 2026)

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

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

Target has reported Tax Provisions for 18 years, with the latest figure at $252.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions fell 27.17% year-over-year to $252.0 million; the trailing twelve-month figure through May 2026 stood at $968.0 million (down 21.87% YoY), and the FY2026 full-year result was $1.1 billion, down 9.23% from the prior year.
  • Tax Provisions for Q2 2026 stood at $252.0 million, down from $263.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $473.0 million in Q1 2022, with the low at $34.0 million in Q3 2022.
  • Historically, Tax Provisions has averaged $264.1 million across 5 years, with a median of $258.5 million in 2023.
  • Annual changes were most pronounced in 2022 — Tax Provisions tumbled 93.85% — and 2023, when it soared 597.06%.
  • Target's Tax Provisions stood at $197.0 million in 2022, then surged by 34.01% to $264.0 million in 2023, then decreased by 10.23% to $237.0 million in 2024, then declined by 28.27% to $170.0 million in 2025, then surged by 48.24% to $252.0 million in 2026.
  • The last three Tax Provisions figures came in at $252.0 million (Q2 2026), $263.0 million (Q1 2026), and $170.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Walmart 948.87 Bn 944.49 Bn 42.63 Bn 1.66 Bn
2 Costco Wholesale 430.50 Bn 412.26 Bn 8.88 Bn 686.00 Mn
3 Target 57.41 Bn 53.87 Bn 7.38 Bn 252.00 Mn
4 Dollar General 24.07 Bn 22.93 Bn 3.32 Bn 119.17 Mn
5 Dollar Tree 22.05 Bn 21.05 Bn 1.83 Bn 115.10 Mn
6 BJ's Wholesale Club Holdings 11.52 Bn 11.49 Bn 1.03 Bn 52.82 Mn
7 Pricesmart 5.32 Bn 5.02 Bn 265.07 Mn 17.60 Mn
8 Ollie's Bargain Outlet Holdings 4.78 Bn 4.48 Bn 310.92 Mn 19.61 Mn
9 Bbb Foods 22.39 Mn -214.25 Mn 210.92 Mn -7.69 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