Target net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Target earned 1.88B USD in Q2 FY2026, the three months to 1 August 2026, up 100.7% on the same quarter a year before. Target's net income over the last twelve months was 4.39B USD, up 11.8% on the twelve months before. In fiscal year 2025 it earned 3.71B USD, down 9.4% on the year before.
Last updated 8 Nov 2026 · Next report 18 Nov 2026
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 1 Aug 2026 | 4.39B | +11.81% | 4.08% | 107.71B |
| FY2025 | 31 Jan 2026 | 3.71B | -9.44% | 3.54% | 104.78B |
| FY2024 | 1 Feb 2025 | 4.09B | -1.14% | 3.84% | 106.57B |
| FY2023 | 3 Feb 2024 | 4.14B | +48.85% | 3.85% | 107.41B |
| FY2022 | 28 Jan 2023 | 2.78B | -59.98% | 2.55% | 109.12B |
| FY2021 | 29 Jan 2022 | 6.95B | +59.02% | 6.55% | 106.01B |
| FY2020 | 30 Jan 2021 | 4.37B | +33.13% | 4.67% | 93.56B |
| FY2019 | 1 Feb 2020 | 3.28B | +11.71% | 4.20% | 78.11B |
| FY2018 | 2 Feb 2019 | 2.94B | +0.79% | 3.90% | 75.36B |
| FY2017 | 3 Feb 2018 | 2.91B | +6.58% | 4.01% | 72.71B |
| FY2016 | 28 Jan 2017 | 2.73B | -18.70% | 3.89% | 70.27B |
| FY2015 | 30 Jan 2016 | 3.36B | — | 4.56% | 73.79B |
| FY2014 | 31 Jan 2015 | -1.64B | -183.00% | -2.25% | 72.62B |
| FY2013 | 1 Feb 2014 | 1.97B | -34.28% | 2.77% | 71.28B |
| FY2012 | 2 Feb 2013 | 3.00B | +2.39% | 4.09% | 73.30B |
| FY2011 | 28 Jan 2012 | 2.93B | +0.31% | 4.19% | 69.87B |
| FY2010 | 29 Jan 2011 | 2.92B | +17.36% | 4.33% | 67.39B |
| FY2009 | 30 Jan 2010 | 2.49B | +12.38% | 3.81% | 65.36B |
| FY2008 | 31 Jan 2009 | 2.21B | -22.29% | 3.41% | 64.95B |
| FY2007 | 2 Feb 2008 | 2.85B | +2.22% | 4.50% | 63.37B |
| FY2006 | 3 Feb 2007 | 2.79B | +15.74% | 4.68% | 59.49B |
| FY2005 | 28 Jan 2006 | 2.41B | -24.70% | 4.58% | 52.62B |
| FY2004 | 29 Jan 2005 | 3.20B | +76.78% | 6.83% | 46.84B |
| FY2003 | 31 Jan 2004 | 1.81B | +11.46% | 4.30% | 42.03B |
| FY2002 | 1 Feb 2003 | 1.62B | +18.64% | 4.34% | 37.41B |
| FY2001 | 2 Feb 2002 | 1.37B | +8.23% | 3.43% | 39.83B |
| FY2000 | 3 Feb 2001 | 1.26B | +10.49% | 3.43% | 36.90B |
| FY1999 | 29 Jan 2000 | 1.14B | +22.35% | 3.39% | 33.70B |
| FY1998 | 30 Jan 1999 | 935.00M | +24.50% | 3.05% | 30.66B |
| FY1997 | 31 Jan 1998 | 751.00M | +62.20% | 2.71% | 27.76B |
| FY1996 | 1 Feb 1997 | 463.00M | +48.87% | 1.82% | 25.37B |
| FY1995 | 3 Feb 1996 | 311.00M | -28.34% | 1.32% | 23.52B |
| FY1994 | 28 Jan 1995 | 434.00M | +15.73% | 2.04% | 21.31B |
| FY1993 | 29 Jan 1994 | 375.00M | -2.09% | 1.95% | 19.23B |
| FY1992 | 31 Jan 1993 | 383.00M | +27.24% | 2.14% | 17.93B |
| FY1991 | 31 Jan 1992 | 301.00M | -26.59% | 1.87% | 16.12B |
| FY1990 | 31 Jan 1991 | 410.00M | 0.00% | 2.78% | 14.74B |
| FY1989 | 31 Jan 1990 | 410.00M | +42.86% | 3.00% | 13.64B |
| FY1988 | 31 Jan 1989 | 287.00M | +25.66% | 2.35% | 12.20B |
| FY1987 | 31 Jan 1988 | 228.40M | -11.16% | 2.14% | 10.68B |
| FY1986 | 31 Jan 1987 | 257.10M | -9.34% | 2.78% | 9.26B |
| FY1985 | 31 Jan 1986 | 283.60M | — | 3.23% | 8.79B |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q2 FY2026 | 1 Aug 2026 | 1.88B | +100.75% | 7.07% | 26.54B |
| Q1 FY2026 | 2 May 2026 | 781.00M | -24.61% | 3.07% | 25.44B |
| Q4 FY2025 | 31 Jan 2026 | 1.05B | -5.26% | 3.43% | 30.45B |
| Q3 FY2025 | 1 Nov 2025 | 689.00M | -19.32% | 2.73% | 25.27B |
| Q2 FY2025 | 2 Aug 2025 | 935.00M | -21.56% | 3.71% | 25.21B |
| Q1 FY2025 | 3 May 2025 | 1.04B | +9.98% | 4.34% | 23.85B |
| Q4 FY2024 | 1 Feb 2025 | 1.10B | -20.19% | 3.57% | 30.92B |
| Q3 FY2024 | 2 Nov 2024 | 854.00M | -12.05% | 3.33% | 25.67B |
| Q2 FY2024 | 3 Aug 2024 | 1.19B | +42.75% | 4.68% | 25.45B |
| Q1 FY2024 | 4 May 2024 | 942.00M | -0.84% | 3.84% | 24.53B |
| Q4 FY2023 | 3 Feb 2024 | 1.38B | +57.76% | 4.33% | 31.92B |
| Q3 FY2023 | 28 Oct 2023 | 971.00M | +36.38% | 3.82% | 25.40B |
| Q2 FY2023 | 29 Jul 2023 | 835.00M | +356.28% | 3.37% | 24.77B |
| Q1 FY2023 | 29 Apr 2023 | 950.00M | -5.85% | 3.75% | 25.32B |
| Q4 FY2022 | 28 Jan 2023 | 876.00M | -43.26% | 2.79% | 31.40B |
| Q3 FY2022 | 29 Oct 2022 | 712.00M | -52.15% | 2.68% | 26.52B |
| Q2 FY2022 | 30 Jul 2022 | 183.00M | -89.93% | 0.70% | 26.04B |
| Q1 FY2022 | 30 Apr 2022 | 1.01B | -51.88% | 4.01% | 25.17B |
| Q4 FY2021 | 29 Jan 2022 | 1.54B | +11.88% | 4.98% | 31.00B |
| Q3 FY2021 | 30 Oct 2021 | 1.49B | +46.75% | 5.80% | 25.65B |
| Q2 FY2021 | 31 Jul 2021 | 1.82B | +7.51% | 7.22% | 25.16B |
| Q1 FY2021 | 1 May 2021 | 2.10B | +638.38% | 8.67% | 24.20B |
| Q4 FY2020 | 30 Jan 2021 | 1.38B | +65.47% | 4.87% | 28.34B |
| Q3 FY2020 | 31 Oct 2020 | 1.01B | +42.02% | 4.48% | 22.63B |
| Q2 FY2020 | 1 Aug 2020 | 1.69B | +80.17% | 7.36% | 22.98B |
| Q1 FY2020 | 2 May 2020 | 284.00M | -64.28% | 1.45% | 19.62B |
| Q4 FY2019 | 1 Feb 2020 | 834.00M | +4.51% | 3.56% | 23.40B |
| Q3 FY2019 | 2 Nov 2019 | 714.00M | +14.79% | 3.83% | 18.67B |
| Q2 FY2019 | 3 Aug 2019 | 938.00M | +17.40% | 5.09% | 18.42B |
| Q1 FY2019 | 4 May 2019 | 795.00M | +10.72% | 4.51% | 17.63B |
| Q4 FY2018 | 2 Feb 2019 | 798.00M | -26.59% | 3.47% | 22.98B |
| Q3 FY2018 | 3 Nov 2018 | 622.00M | +30.13% | 3.49% | 17.82B |
| Q2 FY2018 | 4 Aug 2018 | 799.00M | +19.08% | 4.49% | 17.78B |
| Q1 FY2018 | 5 May 2018 | 718.00M | +5.90% | 4.28% | 16.78B |
| Q4 FY2017 | 3 Feb 2018 | 1.09B | +33.54% | 4.73% | 22.98B |
| Q3 FY2017 | 28 Oct 2017 | 478.00M | -21.38% | 2.83% | 16.87B |
| Q2 FY2017 | 29 Jul 2017 | 671.00M | -1.32% | 4.03% | 16.63B |
| Q1 FY2017 | 29 Apr 2017 | 678.00M | +7.28% | 4.18% | 16.22B |
| Q4 FY2016 | 28 Jan 2017 | 814.00M | -42.92% | 3.79% | 21.47B |
| Q3 FY2016 | 29 Oct 2016 | 608.00M | +10.75% | 3.70% | 16.44B |
| Q2 FY2016 | 30 Jul 2016 | 680.00M | -9.69% | 4.21% | 16.17B |
| Q1 FY2016 | 30 Apr 2016 | 632.00M | -0.47% | 3.90% | 16.20B |
| Q4 FY2015 | 30 Jan 2016 | 1.43B | — | 6.59% | 21.63B |
| Q3 FY2015 | 31 Oct 2015 | 549.00M | +55.97% | 3.12% | 17.61B |
| Q2 FY2015 | 1 Aug 2015 | 753.00M | +221.79% | 4.32% | 17.43B |
| Q1 FY2015 | 2 May 2015 | 635.00M | +51.91% | 3.71% | 17.12B |
| Q4 FY2014 | 31 Jan 2015 | -2.64B | -606.72% | -12.14% | 21.75B |
| Q3 FY2014 | 1 Nov 2014 | 352.00M | +3.23% | 2.04% | 17.25B |
| Q2 FY2014 | 2 Aug 2014 | 234.00M | -61.70% | 1.38% | 16.96B |
| Q1 FY2014 | 3 May 2014 | 418.00M | -16.06% | 2.51% | 16.66B |
| Q4 FY2013 | 1 Feb 2014 | 521.00M | -45.79% | 2.58% | 20.20B |
| Q3 FY2013 | 2 Nov 2013 | 341.00M | -46.47% | 1.98% | 17.26B |
| Q2 FY2013 | 3 Aug 2013 | 611.00M | -13.21% | 3.57% | 17.12B |
| Q1 FY2013 | 4 May 2013 | 498.00M | -28.55% | 2.98% | 16.71B |
| Q4 FY2012 | 2 Feb 2013 | 961.00M | -2.04% | 4.23% | 22.73B |
| Q3 FY2012 | 27 Oct 2012 | 637.00M | +14.77% | 3.76% | 16.93B |
| Q2 FY2012 | 28 Jul 2012 | 704.00M | 0.00% | 4.20% | 16.78B |
| Q1 FY2012 | 28 Apr 2012 | 697.00M | +1.16% | 4.13% | 16.87B |
| Q4 FY2011 | 28 Jan 2012 | 981.00M | -5.22% | 4.61% | 21.29B |
| Q3 FY2011 | 29 Oct 2011 | 555.00M | +3.74% | 3.38% | 16.40B |
| Q2 FY2011 | 30 Jul 2011 | 704.00M | +3.68% | 4.33% | 16.24B |
| Q1 FY2011 | 30 Apr 2011 | 689.00M | +2.68% | 4.32% | 15.94B |
| Q4 FY2010 | 29 Jan 2011 | 1.04B | +10.58% | 5.01% | 20.66B |
| Q3 FY2010 | 30 Oct 2010 | 535.00M | +22.71% | 3.43% | 15.61B |
| Q2 FY2010 | 31 Jul 2010 | 679.00M | +14.31% | 4.37% | 15.53B |
| Q1 FY2010 | 1 May 2010 | 671.00M | +28.54% | 4.30% | 15.59B |
| Q4 FY2009 | 30 Jan 2010 | 936.00M | +53.69% | 4.64% | 20.18B |
| Q3 FY2009 | 31 Oct 2009 | 436.00M | +18.16% | 2.85% | 15.28B |
| Q2 FY2009 | 1 Aug 2009 | 594.00M | -6.31% | 3.94% | 15.07B |
| Q1 FY2009 | 2 May 2009 | 522.00M | -13.29% | 3.52% | 14.83B |
| Q4 FY2008 | 31 Jan 2009 | 609.00M | -40.76% | 3.11% | 19.56B |
| Q3 FY2008 | 1 Nov 2008 | 369.00M | -23.60% | 2.44% | 15.11B |
| Q2 FY2008 | 2 Aug 2008 | 634.00M | -7.58% | 4.10% | 15.47B |
| Q1 FY2008 | 3 May 2008 | 602.00M | -7.53% | 4.07% | 14.80B |
| Q4 FY2007 | 2 Feb 2008 | 1.03B | -8.13% | 5.17% | 19.87B |
| Q3 FY2007 | 3 Nov 2007 | 483.00M | -4.55% | 3.26% | 14.84B |
| Q2 FY2007 | 4 Aug 2007 | 686.00M | +12.64% | 4.69% | 14.62B |
| Q1 FY2007 | 5 May 2007 | 651.00M | +17.51% | 4.64% | 14.04B |
| Q4 FY2006 | 3 Feb 2007 | 1.12B | +19.17% | 5.68% | 19.71B |
| Q3 FY2006 | 28 Oct 2006 | 506.00M | +16.32% | 3.73% | 13.57B |
| Q2 FY2006 | 29 Jul 2006 | 609.00M | +12.78% | 4.56% | 13.35B |
| Q1 FY2006 | 29 Apr 2006 | 554.00M | +12.15% | 4.31% | 12.86B |
| Q4 FY2005 | 28 Jan 2006 | 939.00M | +16.36% | 5.54% | 16.95B |
| Q3 FY2005 | 29 Oct 2005 | 435.00M | -18.08% | 3.56% | 12.21B |
| Q2 FY2005 | 30 Jul 2005 | 540.00M | -61.70% | 4.50% | 11.99B |
| Q1 FY2005 | 30 Apr 2005 | 494.00M | +14.35% | 4.30% | 11.48B |
| Q4 FY2004 | 29 Jan 2005 | 807.00M | -3.00% | 5.31% | 15.19B |
| Q3 FY2004 | 30 Oct 2004 | 531.00M | +75.83% | 4.87% | 10.91B |
| Q2 FY2004 | 31 Jul 2004 | 1.41B | +293.85% | 13.36% | 10.56B |
| Q1 FY2004 | 1 May 2004 | 432.00M | +23.78% | 4.24% | 10.18B |
| Q4 FY2003 | 31 Jan 2004 | 832.00M | +20.93% | 5.34% | 15.57B |
| Q3 FY2003 | 1 Nov 2003 | 302.00M | +9.03% | 3.07% | 9.83B |
| Q2 FY2003 | 2 Aug 2003 | 358.00M | +4.07% | 3.73% | 9.59B |
| Q1 FY2003 | 3 May 2003 | 349.00M | +1.16% | 3.38% | 10.32B |
| Q4 FY2002 | 1 Feb 2003 | 688.00M | +4.56% | 4.89% | 14.06B |
| Q3 FY2002 | 2 Nov 2002 | 277.00M | +49.73% | 2.72% | 10.19B |
| Q2 FY2002 | 3 Aug 2002 | 344.00M | +26.94% | 3.42% | 10.07B |
| Q1 FY2002 | 4 May 2002 | 345.00M | +35.83% | 3.60% | 9.59B |
| Q4 FY2001 | 2 Feb 2002 | 658.00M | +19.20% | 4.97% | 13.24B |
| Q3 FY2001 | 3 Nov 2001 | 185.00M | -14.75% | 1.98% | 9.33B |
| Q2 FY2001 | 4 Aug 2001 | 271.00M | +5.04% | 3.03% | 8.95B |
| Q1 FY2001 | 5 May 2001 | 254.00M | +6.28% | 3.04% | 8.35B |
| Q4 FY2000 | 3 Feb 2001 | 552.00M | +11.74% | 4.48% | 12.32B |
| Q3 FY2000 | 28 Oct 2000 | 217.00M | -6.47% | 2.53% | 8.58B |
| Q2 FY2000 | 29 Jul 2000 | 258.00M | +15.18% | 3.13% | 8.25B |
| Q1 FY2000 | 29 Apr 2000 | 239.00M | +23.20% | 3.09% | 7.75B |
| Q4 FY1999 | 29 Jan 2000 | 494.00M | +16.78% | 4.61% | 10.73B |
| Q3 FY1999 | 30 Oct 1999 | 232.00M | +27.47% | 2.93% | 7.93B |
| Q2 FY1999 | 31 Jul 1999 | 224.00M | +30.23% | 2.91% | 7.69B |
| Q1 FY1999 | 1 May 1999 | 194.00M | +22.78% | 2.71% | 7.16B |
| Q4 FY1998 | 30 Jan 1999 | 423.00M | +18.82% | 4.17% | 10.14B |
| Q3 FY1998 | 31 Oct 1998 | 182.00M | +13.75% | 2.50% | 7.29B |
| Q2 FY1998 | 1 Aug 1998 | 172.00M | +32.31% | 2.44% | 7.06B |
| Q1 FY1998 | 2 May 1998 | 158.00M | +50.48% | 2.44% | 6.47B |
| Q4 FY1997 | 31 Jan 1998 | 356.00M | +66.36% | 3.98% | 8.95B |
| Q3 FY1997 | 1 Nov 1997 | 160.00M | +49.53% | 2.42% | 6.62B |
| Q2 FY1997 | 2 Aug 1997 | 130.00M | +28.71% | 2.07% | 6.29B |
| Q1 FY1997 | 3 May 1997 | 105.00M | +156.10% | 1.78% | 5.89B |
| Q4 FY1996 | 1 Feb 1997 | 214.00M | -6.14% | 2.62% | 8.17B |
| Q3 FY1996 | 2 Nov 1996 | 107.00M | +143.18% | 1.76% | 6.07B |
| Q2 FY1996 | 3 Aug 1996 | 101.00M | +260.71% | 1.76% | 5.75B |
| Q1 FY1996 | 4 May 1996 | 41.00M | +272.73% | 0.76% | 5.38B |
| Q4 FY1995 | 3 Feb 1996 | 228.00M | -18.28% | 2.87% | 7.95B |
| Q3 FY1995 | 28 Oct 1995 | 44.00M | -34.33% | 0.79% | 5.57B |
| Q2 FY1995 | 29 Jul 1995 | 28.00M | -42.86% | 0.53% | 5.24B |
| Q1 FY1995 | 29 Apr 1995 | 11.00M | -71.79% | 0.23% | 4.76B |
| Q4 FY1994 | 28 Jan 1995 | 279.00M | +0.36% | 3.99% | 7.00B |
| Q3 FY1994 | 29 Oct 1994 | 67.00M | +55.81% | 1.33% | 5.05B |
| Q2 FY1994 | 30 Jul 1994 | 49.00M | +104.17% | 1.02% | 4.80B |
| Q1 FY1994 | 30 Apr 1994 | 39.00M | +30.00% | 0.87% | 4.47B |
| Q4 FY1993 | 29 Jan 1994 | 278.00M | +11.65% | 4.43% | 6.28B |
| Q3 FY1993 | 31 Oct 1993 | 43.00M | -24.56% | 0.93% | 4.63B |
| Q2 FY1993 | 31 Jul 1993 | 24.00M | -42.86% | 0.56% | 4.29B |
| Q1 FY1993 | 30 Apr 1993 | 30.00M | -14.29% | 0.74% | 4.04B |
| Q4 FY1992 | 31 Jan 1993 | 249.00M | +29.69% | 4.22% | 5.90B |
| Q3 FY1992 | 31 Oct 1992 | 57.00M | +62.86% | 1.31% | 4.34B |
| Q2 FY1992 | 31 Jul 1992 | 42.00M | +5.00% | 1.06% | 3.97B |
| Q1 FY1992 | 30 Apr 1992 | 35.00M | +2.94% | 0.94% | 3.72B |
| Q4 FY1991 | 31 Jan 1992 | 192.00M | -18.30% | 3.66% | 5.25B |
| Q3 FY1991 | 31 Oct 1991 | 35.00M | -39.66% | 0.88% | 3.96B |
| Q2 FY1991 | 31 Jul 1991 | 40.00M | -32.20% | 1.12% | 3.56B |
| Q1 FY1991 | 30 Apr 1991 | 34.00M | -41.38% | 1.02% | 3.35B |
| Q4 FY1990 | 31 Jan 1991 | 235.00M | -6.00% | 4.83% | 4.87B |
| Q3 FY1990 | 31 Oct 1990 | 58.00M | -9.38% | 1.60% | 3.63B |
| Q2 FY1990 | 31 Jul 1990 | 59.00M | +5.36% | 1.82% | 3.24B |
| Q1 FY1990 | 30 Apr 1990 | 58.00M | — | 1.93% | 3.01B |
| Q4 FY1989 | 31 Jan 1990 | 250.00M | — | 5.57% | 4.49B |
| Q3 FY1989 | 31 Oct 1989 | 64.00M | — | 1.98% | 3.24B |
| Q2 FY1989 | 31 Jul 1989 | 56.00M | — | 1.81% | 3.10B |
| Q1 FY1989 | 30 Apr 1989 | 0.00 | — | 0.00% | 2.83B |
| Q4 FY1988 | 31 Jan 1989 | 0.00 | — | 0.00% | 4.10B |
| Q3 FY1988 | 31 Oct 1988 | 0.00 | — | 0.00% | 2.87B |
| Q2 FY1988 | 31 Jul 1988 | 0.00 | — | 0.00% | 2.69B |
| Q1 FY1988 | 30 Apr 1988 | 0.00 | — | 0.00% | 2.54B |
| Q4 FY1987 | 31 Jan 1988 | 0.00 | — | 0.00% | 3.68B |
| Q3 FY1987 | 31 Oct 1987 | 0.00 | — | 0.00% | 2.54B |
| Q2 FY1987 | 31 Jul 1987 | 0.00 | — | 0.00% | 2.31B |
| Q1 FY1987 | 30 Apr 1987 | 0.00 | — | 0.00% | 2.15B |
| Q4 FY1986 | 31 Jan 1987 | 0.00 | — | 0.00% | 3.12B |
| Q3 FY1986 | 31 Oct 1986 | 0.00 | — | 0.00% | 2.22B |
| Q2 FY1986 | 31 Jul 1986 | 0.00 | — | 0.00% | 2.04B |
| Q1 FY1986 | 30 Apr 1986 | 0.00 | — | 0.00% | 1.89B |
| Q4 FY1985 | 31 Jan 1986 | 0.00 | — | 0.00% | 2.94B |
| Q3 FY1985 | 31 Oct 1985 | 0.00 | — | 0.00% | 2.07B |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Target's profit
Source: Financial Modeling PrepVerified against SEC filings
