Target Corporation (TGT) Financials
PeriodQ2 FY2026
Published
Target reported $26.54 billion in net sales for Q2 FY2026, the quarter ended August 1, 2026, up 5.3% from a year earlier, as comparable sales rose 3.8% after falling 1.9% in the same quarter of the prior year. Net earnings were $1.88 billion, up 100.7%, and diluted earnings per share were $4.11 against $2.05. Most of that earnings gain came from refunds of tariffs paid under the International Emergency Economic Powers Act, which Target received in the quarter and recorded as a $994 million pretax reduction of cost of sales; excluding them, earnings per share still rose from a year earlier.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $26,539,000,000 | up 5.3% |
| Net earnings | $1,877,000,000 | up 100.7% |
| Diluted EPS | $4.11 | up 100.5% |
| Comparable sales change | 3.8% | up 5.7 points |
| Tariff refunds | $994,000,000 |
Company details
| Name | Target Corp |
|---|---|
| Ticker | TGT |
| CIK | 0000027419 |
| Exchange | NYSE |
| State | Minnesota |
| Incorporation | Minnesota |
| SIC | 5331 |
| Office | Trade & Services |
| Industry | Retail-Variety Stores |
| Latest period covered | Q2 FY2026, ended 2026-08-01, 10-Q, accession 0000027419-26-000042 |
| Fiscal year end | 02/01 (MM/DD) |
| Next expected filing | 10-Q around 2026-11-25 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included, plus a figure_sources block linking each figure the filing tags to the line that prints it.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · Target Q2 FY2026
How much revenue did Target make in Q2 FY2026?
Target reported $26.54 billion in net sales for Q2 FY2026, the quarter ended August 1, 2026. That is up 5.3% from $25.21 billion in the same quarter a year earlier.
What were Target's earnings per share in Q2 FY2026?
Target earned $4.11 per diluted share in Q2 FY2026, compared with $2.05 a year earlier, on net earnings of $1.88 billion, up 100.7%. The quarter included tariff refunds recorded as a $994 million pretax reduction of cost of sales.
Why did Target's profit rise so much in Q2 FY2026?
Most of the increase in Target's Q2 FY2026 earnings came from refunds of tariffs it had paid under the International Emergency Economic Powers Act, received during the quarter and recorded as a $994 million pretax reduction of cost of sales. Excluding the refunds, Target's earnings per share still rose from a year earlier, and Target did not recognize refund claims that were still outstanding at the end of the quarter.
What were Target's comparable sales in Q2 FY2026?
Target's comparable sales rose 3.8% in Q2 FY2026, the quarter ended August 1, 2026, after a decline of 1.9% in the same quarter a year earlier.
Where can I get Target Corporation (TGT) financial data in machine-readable form?
Ticker Scout publishes Target Corporation's financial statements as JSON at https://tickerscout.ai/tgt/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/tgt/narrative.md and https://tickerscout.ai/tgt/events.md. Target Corporation's SEC CIK is 0000027419. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Target Corporation (TGT) next file with the SEC?
Target Corporation (TGT) is expected to file its next Form 10-Q with the SEC on or around November 25, 2026. That date is a projection rather than a company-announced date: it is derived from Target Corporation's own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-08-01, SEC accession 0000027419-26-000042.
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How this page was built
This page was built from Target Corporation's own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names two such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.