Business Segments — Selling, general, and administrative expenses
Target Business Segments — Selling, general, and administrative expenses increased by 3.3% to $5.54B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $5.46B to $5.54B. Over 2 years (FY 2023 to FY 2025), Business Segments — Selling, general, and administrative expenses shows relatively stable performance with a 3.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising expenses relative to revenue may indicate operational inefficiencies or increased investment in growth, while declining expenses suggest improved cost control.
Detailed definition
This metric represents the operating expenses incurred by a specific business segment that are not directly tied to the...
Peer comparison
Standard operating expense metric used by all public companies to measure overhead management.
tgt_segment_reportable_segment_selling_general_and_administrative_expensesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.15B | $5.15B | $5.15B | $5.15B | $5.37B | $5.37B | $5.37B | $5.37B | $5.15B | $5.37B | $5.46B | $6.00B | $4.59B | $5.36B | $5.54B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.3% | +0.0% | +0.0% | +0.0% | -4.1% | +4.3% | +1.8% | +9.9% | -23.5% | +16.7% | +3.3% |
| YoY Change | — | — | — | — | +4.3% | +4.3% | +4.3% | +4.3% | -4.1% | -0.0% | +1.7% | +11.8% | -10.8% | -0.1% | +1.4% |
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Frequently Asked Questions
- What is Target's business segments — selling, general, and administrative expenses?
- Target (TGT) reported business segments — selling, general, and administrative expenses of $5.54B in Q3 2025.
- How has Target's business segments — selling, general, and administrative expenses changed year-over-year?
- Target's business segments — selling, general, and administrative expenses increased by 1.4% year-over-year, from $5.46B to $5.54B.
- What is the long-term trend for Target's business segments — selling, general, and administrative expenses?
- Over 2 years (2023 to 2025), Target's business segments — selling, general, and administrative expenses has grown at a 3.3% compound annual growth rate (CAGR), from $20.58B to $21.97B.
- What does business segments — selling, general, and administrative expenses mean?
- The operating costs required to run a business segment, excluding the direct cost of the products sold.