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

- Company: TARGET CORPORATION (TGT)
- Period: 2025-02-02 to 2026-01-31
- Filing: FY2025 10-K, filed 2026-03-11, accession number 0000027419-26-000016
- Page: https://plicit.ai/financials/tgt/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/tgt-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.