Operating

Net Income

Target Net Income decreased by 26.3% to $689.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 19.3%, from $854.00M to $689.00M. Over 3 years (FY 2022 to FY 2025), Net Income shows a downward trend with a -16.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...

Peer comparison

Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.

Metric ID: cf_net_income

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$1.82B$1.49B$1.54B$1.01B$183.00M$712.00M$876.00M$950.00M$835.00M$971.00M$1.38B$942.00M$1.19B$854.00M$1.10B$1.04B$935.00M$689.00M
QoQ Change-18.1%+3.8%-34.7%-81.9%+289.1%+23.0%+8.4%-12.1%+16.3%+42.3%-31.8%+26.5%-28.4%+29.2%-6.1%-9.7%-26.3%
YoY Change-89.9%-52.2%-43.3%-5.8%+356.3%+36.4%+57.8%-0.8%+42.8%-12.0%-20.2%+10.0%-21.6%-19.3%
Range$183.00M$1.82B
CAGR-20.4%
Avg YoY Growth+17.0%
Median YoY Growth-8.9%
Current Streak3 quarters decline

Frequently Asked Questions

What is Target's net income?
Target (TGT) reported net income of $689.00M in Q3 2025.
How has Target's net income changed year-over-year?
Target's net income decreased by 19.3% year-over-year, from $854.00M to $689.00M.
What is the long-term trend for Target's net income?
Over 3 years (2022 to 2025), Target's net income has grown at a -16.2% compound annual growth rate (CAGR), from $6.95B to $4.09B.
What does net income mean?
The company's total profit after all expenses and taxes have been paid.