Target SG&A increased by 3.3% to $5.54B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.9%, from $5.49B to $5.54B. Over 3 years (FY 2022 to FY 2025), SG&A shows an upward trend with a 3.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.
The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...
Used to assess the 'leaness' of a company's corporate structure relative to its peers.
is_selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '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 | $4.85B | $4.86B | $5.54B | $4.76B | $5.00B | $5.22B | $5.68B | $5.03B | $5.18B | $5.32B | $6.03B | $5.17B | $5.39B | $5.49B | $5.92B | $4.59B | $5.36B | $5.54B |
| QoQ Change | — | +0.2% | +13.9% | -14.0% | +5.0% | +4.3% | +8.7% | -11.5% | +3.2% | +2.5% | +13.4% | -14.3% | +4.3% | +1.7% | +8.0% | -22.5% | +16.7% | +3.3% |
| YoY Change | — | — | — | — | +3.2% | +7.4% | +2.5% | +5.5% | +3.6% | +1.9% | +6.2% | +2.8% | +4.0% | +3.2% | -1.8% | -11.2% | -0.6% | +0.9% |