TARGET CORPORATION (TGT) FY2025 Annual P&L / Income Statement

TARGET CORPORATION (TGT) FY2025 Annual P&L / Income Statement

Income statement for 2025-02-02 through 2026-01-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

104,780,000,000 US dollars

Cost of sales

75,511,000,000 US dollars

Gross profit (calculated)

29,269,000,000 US dollars

Operating expenses (calculated)

24,152,000,000 US dollars

Operating income

5,117,000,000 US dollars

Other income (expense), net (calculated)

negative 350,000,000 US dollars

Earnings before income taxes

4,767,000,000 US dollars

Provision for income taxes

1,062,000,000 US dollars

Net earnings

3,705,000,000 US dollars

Advertising revenue

915,000,000 US dollars

Credit card profit sharing

522,000,000 US dollars

Other

626,000,000 US dollars

Apparel & accessories

15,737,000,000 US dollars

Beauty

13,214,000,000 US dollars

Food & beverage

24,136,000,000 US dollars

Hardlines

15,800,000,000 US dollars

Home furnishings & décor

15,608,000,000 US dollars

Household essentials

18,017,000,000 US dollars

Other merchandise sales

205,000,000 US dollars

Selling, General and Administrative Expense

21,535,000,000 US dollars

Depreciation and amortization (exclusive of depreciation included in cost of sales)

2,617,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.