Target Gross Profit decreased by 2.4% to $7.13B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.2%, from $7.29B to $7.13B. Over 2 years (FY 2023 to FY 2025), Gross Profit shows an upward trend with a 5.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
is_gross_profit| Q3 '21 | 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 | $7.45B | $6.71B | $5.90B | $6.84B | $7.45B | $6.94B | $6.98B | $7.25B | $8.52B | $7.08B | $7.65B | $7.29B | $8.04B | $6.72B | $7.31B | $7.13B |
| QoQ Change | — | -9.9% | -12.1% | +16.0% | +8.9% | -6.9% | +0.6% | +3.9% | +17.5% | -16.8% | +8.1% | -4.7% | +10.2% | -16.4% | +8.8% | -2.4% |
| YoY Change | — | — | — | -8.2% | — | +3.4% | +18.3% | +6.0% | +14.3% | +2.1% | +9.7% | +0.6% | -5.6% | -5.1% | -4.5% | -2.2% |