What is Target's net income?

Target (TGT) reported net income of $781M in Q1 2026.

How has Target's net income changed year-over-year?

Target's net income decreased by 24.6% year-over-year, from $1.04B to $781M.

What is the long-term trend for Target's net income?

Over 4 years (2021 to 2025), Target's net income has grown at a -14.5% compound annual growth rate (CAGR), from $6.95B to $3.71B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Target TGT Net Income

Net Income at other companies

HES

Hess MidstreamHESM

$157.7M-2.3%

Cabot CorporationCBT

$78M-25.7%

Travel + LeisureTNL

$79M+8.2%

UnifirstUNF

$20.48M-16.3%

Main Street CapitalMAIN

$48.98M-57.8%

Middlesex Water CompanyMSEX

$10.61M+11.9%

Segments

By segment

See full

Reportable Segment$781M-24.6%

Other financials

Income statement

See full

Revenue$25.4B+6.7%

Gross profit$7.4B+9.9%

Operating income$1.1B-22.9%

Net income$781.0M-24.6%

EPS (diluted)$1.71-24.7%

Balance sheet

See full

Cash & equivalents$3.5B+22.4%

Total debt$18.8B-1.1%

Total equity$16.4B+9.7%

Total assets$58.0B+3.2%

Cash flow

See full

Operating cash flow$716.0M+160%

CapEx$1.0B+31.0%

Free cash flow-$319.0M+38.1%

Valuation

See full

Market cap$63.39B+46.0%

Enterprise value$78.69B+32.1%

P/E18.4×+8.0×

P/S0.6×+0.2×

Profitability

See full

Gross margin28.1%+0.1pp

Operating margin4.5%-0.9pp

Net margin3.2%-0.7pp

FCF margin2.8%-0.5pp

Returns & leverage

See full

Return on equity22%-7.1pp

Debt / equity1.1×-0.1×

Current ratio0.9×0.0×

Where this comes from

Reported directly by Target in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Target’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Target's net income?: Target (TGT) reported net income of $781M in Q1 2026.
How has Target's net income changed year-over-year?: Target's net income decreased by 24.6% year-over-year, from $1.04B to $781M.
What is the long-term trend for Target's net income?: Over 4 years (2021 to 2025), Target's net income has grown at a -14.5% compound annual growth rate (CAGR), from $6.95B to $3.71B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.