When did Target report Q4 2025 earnings?

Target (TGT) reported Q4 2025 earnings on March 4, 2025 before market open.

What were Target's Q4 2025 revenue and EPS?

Target reported revenue of $30.9B and diluted EPS of $2.41 for Q4 2025.

Did Target beat estimates in Q4 2025?

Revenue beat the consensus estimate of $30.8B by $151.8M. EPS beat the consensus estimate of $2.27 by $0.14.

Where can I find Target's Q4 2025 SEC filings?

You can read the 10-K periodic report (0000027419-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.

Target TGT Q4 2025 Annual earnings

Reported March 4, 2025 · Before market open

Revenue$30.9BBeat by $151.8M Diluted EPS$2.41Beat by $0.14

Revenue estimate$30.8B

EPS estimate$2.27

Next report

Aug 19, 2026 (in a month)

Revenue estimate$26.0B

EPS estimate$2.21

Financials

Q4 2025

Income statement

See full

Revenue$30.5B-1.5%

Gross profit$8.1B0.0%

Operating income$1.4B-5.9%

Net income$1.0B-5.2%

EPS (diluted)$2.29-5.0%

Balance sheet

See full

Cash & equivalents$5.5B+15.2%

Total debt$22.4B+1.7%

Total equity$16.2B+10.2%

Total assets$59.5B+3.0%

Cash flow

See full

Operating cash flow$3.1B-6.4%

CapEx$885.0M-4.1%

Free cash flow$2.2B-7.4%

Valuation & ratios

Valuation

as of 01/31/25

See full

Market cap$51.52B-9.5%

Enterprise value$68.44B-7.8%

P/E13.9×0.0×

P/S0.5×0.0×

Profitability

See full

Gross margin27.9%-0.3pp

Operating margin4.9%-0.3pp

Net margin3.5%-0.3pp

FCF margin2.7%-1.5pp

Returns & leverage

See full

Return on equity24%-5.1pp

Debt / equity1.4×-0.1×

Current ratio0.9×0.0×

Segments

By product

See full

Food & beverage$6.6B+1.8%

Hardlines (Fun 101)$6.0B-2.2%

Home furnishings & décor$4.8B-5.3%

Household essentials$4.7B-1.9%

Apparel & accessories$4.1B-5.6%

By segment

See full

Reportable Segment$30.5B-1.5%

Versus estimates

Revenue

Q1 2027$25.4BBeat by $783.8M Q4 2026$30.5BIn line Q3 2026$25.3BMiss by $53.3M Q2 2026$25.2BBeat by $274.9M Q1 2026$23.8BMiss by $295.0M

Q4 2025$30.9BBeat by $151.8M

Diluted EPS

Q1 2027$1.71Beat by $0.24 Q4 2026$2.44Beat by $0.28 Q3 2026$1.78Beat by $0.07 Q2 2026$2.05Beat by $0.01 Q1 2026$1.30Miss by $0.26

Q4 2025$2.41Beat by $0.14

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Questions, answered.

When did Target report Q4 2025 earnings?: Target (TGT) reported Q4 2025 earnings on March 4, 2025 before market open.
What were Target's Q4 2025 revenue and EPS?: Target reported revenue of $30.9B and diluted EPS of $2.41 for Q4 2025.
Did Target beat estimates in Q4 2025?: Revenue beat the consensus estimate of $30.8B by $151.8M. EPS beat the consensus estimate of $2.27 by $0.14.
Where can I find Target's Q4 2025 SEC filings?: You can read the 10-K periodic report (0000027419-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.