Target Income Statement (2009-2026) | TGT

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Income Statement	May2021	Jul2021	Oct2021	Jan2022	Apr2022	Jul2022	Oct2022	Jan2023	Apr2023	Jul2023	Oct2023	Feb2024	May2024	Aug2024	Nov2024	Feb2025	May2025	Aug2025	Nov2025	Jan2026
Revenue & cost
Revenue (Quarter)	24.20B	25.16B	25.65B	31.00B	25.17B	26.04B	26.52B	31.39B	25.32B	24.77B	25.40B	31.92B	24.53B	25.45B	25.67B	30.91B	23.85B	25.21B	25.27B	30.45B
Cost of Revenue (Quarter)	16.72B	17.28B	18.21B	22.76B	18.46B	20.14B	19.68B	24.02B	18.39B	17.80B	18.15B	23.50B	17.47B	17.83B	18.40B	22.80B	17.13B	17.90B	18.14B	22.34B
Gross Profit (Quarter)	7.48B	7.88B	7.45B	8.23B	6.71B	5.89B	6.84B	7.37B	6.94B	6.97B	7.25B	8.42B	7.06B	7.63B	7.27B	8.11B	6.72B	7.31B	7.13B	8.11B
Operating items
Selling, General & Administrative (Quarter)	4.51B	4.85B	4.86B	5.54B	4.76B	5.00B	5.22B	5.60B	5.03B	5.18B	5.32B	5.94B	5.15B	5.37B	5.46B	6.00B	4.59B	5.36B	5.54B	6.05B
Other Operating Expenses (Quarter)
Operating Expenses (Quarter)	4.51B	4.85B	4.86B	5.54B	4.76B	5.00B	5.22B	5.60B	5.03B	5.18B	5.32B	5.94B	5.15B	5.37B	5.46B	6.00B	4.59B	5.36B	5.54B	6.05B
Operating Income (Quarter)	2.37B	2.47B	2.01B	2.10B	1.35B	0.32B	1.02B	1.16B	1.33B	1.20B	1.32B	1.86B	1.30B	1.64B	1.17B	1.47B	1.47B	1.32B	0.95B	1.38B
EBIT (Quarter)	2.37B	2.47B	2.01B	2.10B	1.35B	0.32B	1.02B	1.16B	1.33B	1.20B	1.32B	1.86B	1.30B	1.64B	1.17B	1.47B	1.47B	1.32B	0.95B	1.38B
Non-operating items
Interest & Investment Income (Quarter)
Other Non Operating Income (Quarter)	0.34B	0.01B	0.01B	0.03B	0.01B	0.01B	0.01B	0.01B	0.02B	0.02B	0.03B	0.03B	0.03B	0.02B	0.03B	0.03B	0.03B	0.02B	0.03B	0.03B
Non Operating Income (Quarter)	0.34B	0.01B	0.01B	0.03B	0.01B	0.01B	0.01B	0.01B	0.02B	0.02B	0.03B	0.03B	0.03B	0.02B	0.03B	0.03B	0.03B	0.02B	0.03B	0.03B
Net income details
EBT (Quarter)	2.61B	2.37B	1.91B	2.02B	1.25B	0.22B	0.91B	1.04B	1.20B	1.07B	1.24B	1.79B	1.22B	1.54B	1.09B	1.41B	1.38B	1.22B	0.86B	1.31B
Tax Provisions (Quarter)	0.51B	0.55B	0.42B	0.47B	0.24B	0.03B	0.20B	0.17B	0.25B	0.24B	0.26B	0.40B	0.28B	0.35B	0.24B	0.30B	0.35B	0.28B	0.17B	0.26B
Profit After Tax (Quarter)	2.10B	1.82B	1.49B	1.54B	1.01B	0.18B	0.71B	0.88B	0.95B	0.83B	0.97B	1.38B	0.94B	1.19B	0.85B	1.10B	1.04B	0.94B	0.69B	1.04B
Income from Continuing Operations (Quarter)	2.10B	1.82B	1.49B	1.54B	1.01B	0.18B	0.71B	0.88B	0.95B	0.83B	0.97B	1.38B	0.94B	1.19B	0.85B	1.10B	1.04B	0.94B	0.69B	1.04B
Consolidated Net Income (Quarter)	2.10B	1.82B	1.49B	1.54B	1.01B	0.18B	0.71B	0.88B	0.95B	0.83B	0.97B	1.38B	0.94B	1.19B	0.85B	1.10B	1.04B	0.94B	0.69B	1.04B
Income towards Parent Company (Quarter)	2.10B	1.82B	1.49B	1.54B	1.01B	0.18B	0.71B	0.88B	0.95B	0.83B	0.97B	1.38B	0.94B	1.19B	0.85B	1.10B	1.04B	0.94B	0.69B	1.04B
Net Income towards Common Stockholders (Quarter)	2.10B	1.82B	1.49B	1.54B	1.01B	0.18B	0.71B	0.88B	0.95B	0.83B	0.97B	1.38B	0.94B	1.19B	0.85B	1.10B	1.04B	0.94B	0.69B	1.04B
Additional items
EPS (Basic) (Quarter)	4.20	3.68	3.07	3.26	2.17	0.40	1.55	1.91	2.06	1.81	2.10	2.99	2.04	2.58	1.86	2.42	2.28	2.06	1.52	2.31
EPS (Weighted Average and Diluted) (Quarter)	4.17	3.65	3.04	3.23	2.16	0.39	1.54	1.89	2.05	1.80	2.10	2.98	2.03	2.57	1.85	2.41	2.27	2.05	1.51	2.29
Shares Outstanding (Weighted Average) (Quarter)	0.50B	0.50B	0.48B	0.49B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.45B	0.45B	0.45B
Shares Outstanding (Diluted Average) (Quarter)	0.50B	0.50B	0.50B	0.49B	0.47B	0.47B	0.47B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B	0.46B
EBITDA (Quarter)	2.37B	2.47B	2.01B	2.10B	1.35B	0.32B	1.02B	1.16B	1.33B	1.20B	1.32B	1.86B	1.30B	1.64B	1.17B	1.47B	1.47B	1.32B	0.95B	1.38B
Interest Expenses (Quarter)	0.11B	0.10B	0.10B	0.10B	0.11B	0.11B	0.12B	0.13B	0.15B	0.14B	0.11B	0.11B	0.11B	0.11B	0.10B	0.09B	0.12B	0.12B	0.12B	0.10B
Tax Rate (Quarter)	19.62%	23.33%	22.14%	23.45%	19.22%	15.67%	21.67%	16.01%	21.10%	22.11%	21.38%	22.62%	22.72%	22.85%	21.72%	21.55%	25.04%	23.23%	19.79%	20.11%

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Target Income Statement (2009-2026) | TGT

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