Target revenue and financials
$154.33Change from previous close: +0.88%Absolute change: +$1.34
In the fiscal year ended January 2026, Target reported revenue of $104.78B (−1.68% year over year). Net income was $3.71B, a net margin of 3.5%.
Fiscal year ending in January. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −1.68%
- FY to Jan 2026 vs FY to Jan 2025
- Net income growth
- −9.44%
- FY to Jan 2026 vs FY to Jan 2025
- Net margin
- 3.5%
- FY to Jan 2025: 3.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q to Jul 2026 | Q to Apr 2026 | Q to Jan 2026 | Q to Oct 2025 | Q to Jul 2025 | Q to Apr 2025 | Q to Jan 2025 | Q to Oct 2024 | Q to Jul 2024 | Q to Apr 2024 | Q to Jan 2024 | Q to Oct 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,803 | 716 | 3,077 | 1,127 | 2,083 | 275 | 3,289 | 739 | 2,238 | 1,101 | 3,289 | 1,934 |
| Depreciation and amortization | 784 | 813 | 803 | 773 | 771 | 787 | 766 | 754 | 743 | 718 | 729 | 722 |
| Capital expenditure | -1,369 | -1,035 | -885 | -978 | -1,074 | -790 | -923 | -655 | -639 | -674 | -854 | -1,127 |
| Investing cash flow | -1,364 | -1,033 | -859 | -937 | -1,066 | -787 | -918 | -637 | -634 | -671 | -850 | -1,089 |
| Financing cash flow | -562 | -1,637 | -552 | -709 | 437 | -1,363 | -1,042 | -166 | -1,711 | -631 | -544 | -552 |
| Dividends paid | -518 | -516 | -516 | -518 | -509 | -510 | -513 | -516 | -509 | -508 | -508 | -507 |
| Share repurchases | -6.0 | -89.0 | -2.0 | -153 | -10.0 | -310 | -502 | -355 | -158 | -91.0 | -3.0 | -3.0 |
| Debt issued | — | — | 0.0 | — | 993 | 991 | — | 741 | — | — | — | — |
| Debt repaid | -38.0 | -1,032 | -34.0 | -38.0 | -37.0 | -1,534 | -27.0 | -36.0 | -1,044 | -32.0 | -33.0 | -42.0 |
| Net change in cash | 1,877 | -1,954 | 1,666 | -519 | 1,454 | -1,875 | 1,329 | -64.0 | -107 | -201 | 1,895 | 293 |
| Free cash flow | 2,434 | -319 | 2,192 | 149 | 1,009 | -515 | 2,366 | 84.0 | 1,599 | 427 | 2,435 | 807 |
| Levered free cash flow | 1,138 | -389 | 2,241 | 278 | 884 | -941 | 2,251 | -111 | 1,236 | 149 | 1,864 | 348 |