Income StatementBalance SheetCash FlowSegments
Target logo

Target Business Segments

Business, geographic, and product segment breakdowns

Target generates $106.38B in annual revenue across 4 key segments: Advertising revenue ($998.0M), Apparel And Accessories ($15.9B), Beauty ($13.5B), and Credit card profit sharing ($510.0M). The company-wide operating margin is 4.49%. Based on the Q2 2026 filing.

Advertising revenue (TTM)$998.0MApparel And Accessories (TTM)$15.9BBeauty (TTM)$13.5BCredit card profit sharing (TTM)$510.0MFood & beverage (TTM)$24.5BHardlines (TTM)$16.2BHome Furnishings and Decor (TTM)$15.6BHousehold essentials (TTM)$18.2B
Latest FilingQ2 2026
Report Date2026-05-20
Market Cap$57.0B
P/E Ratio16.53
ROE22.02%

Products & Services

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Food & beverage$6.5B$5.9B$5.6B$6.0B$6.6B$6.3B
Household essentials$4.8B$4.4B$4.4B$4.5B$4.7B$4.6B
Apparel And Accessories$4.3B$3.7B$4.1B$3.8B$4.1B$3.8B
Hardlines$6.2B$3.1B$3.5B$3.2B$6.0B$3.5B
Beauty$3.4B$3.1B$3.4B$3.2B$3.5B$3.4B
Home Furnishings and Decor$5.1B$3.2B$3.7B$3.9B$4.8B$3.2B
Advertising revenue$190.0M$163.0M$217.0M$241.0M$294.0M$246.0M
Credit card profit sharing$143.0M$141.0M$134.0M$119.0M$127.0M$130.0M
Other merchandise sales$97.0M$40.0M$43.0M$34.0M$88.0M—
Other$154.0M$137.0M$141.0M$158.0M$191.0M—

Cost of Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Merchandising Cost of Sales$17.2B$17.0B$17.0B$17.0B$17.0B—
Supply Chain and Digital Fulfillment Costs$1.9B$1.9B$1.9B$1.9B$1.9B—

Business Segments

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Business transformation costs—$62.5M$62.5M$62.5M$62.5M—
Cost of Sales$22.8B$17.1B$17.9B$18.1B$22.3B—
Depreciation and amortization (exclusive of depreciation included in cost of sales)$646.0M$655.0M$632.0M$649.0M$681.0M—
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest$1.4B$1.4B$1.2B$859.0M$1.3B—
Net earnings$1.1B$1.0B$935.0M$689.0M$1.0B—
Net interest expense$90.0M$116.0M$116.0M$115.0M$99.0M—
Net Sales$30.9B$23.8B$25.2B$25.3B$30.5B—
Operating Income (Loss)$1.5B$1.5B$1.3B$948.0M——
Other Nonoperating Income (Expense)$29.0M$26.0M$17.0M$26.0M$27.0M—
Provision for income taxes$303.0M$346.0M$283.0M$170.0M$263.0M—
Selling, general, and administrative expenses$6.0B$4.6B$5.4B$5.5B$6.0B—