Net Income

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

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.

Detailed definition

The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...

Peer comparison

This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.

Metric ID: is_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 final profit of the company after every single expense and tax has been paid.