Target Corporation
Income Statement
| Line Item | Aug 2026 | May 2026 | Jan 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.54B | $25.44B | $30.45B | $25.27B | $25.21B | $23.85B | $30.92B | $25.67B |
| Cost of Revenue | $17.60B | $18.06B | $22.34B | $18.14B | $17.90B | $17.13B | $22.80B | $18.40B |
| Gross Profit | $8.94B | $7.38B | $8.11B | $7.13B | $7.31B | $6.72B | $8.11B | $7.27B |
| Gross Margin | 33.7% | 29.0% | 26.6% | 28.2% | 29.0% | 28.2% | 26.2% | 28.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $5.73B | $5.56B | $6.05B | $5.54B | $5.36B | $4.59B | $6.00B | $5.46B |
| Operating Income | $2.56B | $1.14B | $1.38B | $948.0M | $1.32B | $1.47B | $1.47B | $1.17B |
| Operating Margin | 9.6% | 4.5% | 4.5% | 3.8% | 5.2% | 6.2% | 4.7% | 4.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $2.46B | $1.03B | $1.31B | $859.0M | $1.22B | $1.38B | $1.41B | $1.09B |
| Income Tax Expense | $582.0M | $252.0M | $263.0M | $170.0M | $283.0M | $346.0M | $303.0M | $237.0M |
| Net Income | $1.88B | $781.0M | $1.05B | $689.0M | $935.0M | $1.04B | $1.10B | $854.0M |
| Net Margin | 7.1% | 3.1% | 3.4% | 2.7% | 3.7% | 4.3% | 3.6% | 3.3% |
| EPS (Basic) | $4.13 | $1.72 | $2.30 | $1.52 | $2.06 | $2.28 | $2.41 | $1.86 |
| EPS (Diluted) | $4.11 | $1.71 | $2.30 | $1.51 | $2.05 | $2.27 | $2.41 | $1.85 |
| Shares Outstanding (Basic) | 454.4M | 453.8M | 454.1M | 453.7M | 454.6M | 455.0M | 460.4M | 460.1M |
| Shares Outstanding (Diluted) | 456.6M | 455.8M | 455.6M | 455.1M | 455.6M | 456.5M | 461.8M | 461.5M |
| Dividends Per Share | $1.16 | $1.14 | $1.14 | $1.14 | $1.14 | $1.12 | $1.12 | $1.12 |