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| Date | Value |
|---|---|
| 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 |