# TARGET CORPORATION (TGT) FY2025 Q1 P&L / Income Statement

- Company: TARGET CORPORATION (TGT)
- Period: 2025-02-02 to 2025-05-03
- Filing: Q1 FY2025 10-Q, filed 2025-05-30, accession number 0000027419-25-000101
- Page: https://plicit.ai/financials/tgt/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/tgt-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-02-02 through 2025-05-03. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 23,846,000,000 US dollars
- **Cost of sales**: 17,128,000,000 US dollars
- **Gross profit (calculated)**: 6,718,000,000 US dollars
- **Operating expenses (calculated)**: 5,246,000,000 US dollars
- **Operating income**: 1,472,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 90,000,000 US dollars
- **Earnings before income taxes**: 1,382,000,000 US dollars
- **Provision for income taxes**: 346,000,000 US dollars
- **Net earnings**: 1,036,000,000 US dollars
- **Apparel & accessories**: 3,711,000,000 US dollars
- **Beauty**: 3,101,000,000 US dollars
- **Food & beverage**: 5,902,000,000 US dollars
- **Hardlines**: 3,074,000,000 US dollars
- **Home furnishings & décor**: 3,220,000,000 US dollars
- **Household essentials**: 4,357,000,000 US dollars
- **Other merchandise sales**: 40,000,000 US dollars
- **Advertising revenue**: 163,000,000 US dollars
- **Credit card profit sharing**: 141,000,000 US dollars
- **Other**: 137,000,000 US dollars
- **Selling, general, and administrative expenses**: 4,591,000,000 US dollars
- **Depreciation and amortization (exclusive of depreciation included in cost of sales)**: 655,000,000 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.