What is Target's total cost of revenue?

Target (TGT) reported total cost of revenue of $18.06B in Q1 2026.

How has Target's total cost of revenue changed year-over-year?

Target's total cost of revenue increased by 5.4% year-over-year, from $17.13B to $18.06B.

What is the long-term trend for Target's total cost of revenue?

Over 3 years (2022 to 2025), Target's total cost of revenue has grown at a -2.8% compound annual growth rate (CAGR), from $82.31B to $75.51B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Target TGT Total Cost of Revenue

Total Cost of Revenue at other companies

BeldenBDC

$438.29M+15.6%

Cabot CorporationCBT

$694M-0.1%

UnifirstUNF

$403.69M+2.4%

MYR GroupMYRG

$865.94M+17.5%

Aebi Schmidt Holding AG Common StockAEBI

$368.16M+87.9%

LegalZoom.com, Inc.LZ

$74.53M+12.0%

Segments

By segment

See full

Reportable Segment$18.06B+5.4%

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:CostOfGoodsAndServicesSold.

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 total cost of revenue?: Target (TGT) reported total cost of revenue of $18.06B in Q1 2026.
How has Target's total cost of revenue changed year-over-year?: Target's total cost of revenue increased by 5.4% year-over-year, from $17.13B to $18.06B.
What is the long-term trend for Target's total cost of revenue?: Over 3 years (2022 to 2025), Target's total cost of revenue has grown at a -2.8% compound annual growth rate (CAGR), from $82.31B to $75.51B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.