# TARGET CORPORATION (TGT) FY2026 Q1 P&L / Income Statement

- Company: TARGET CORPORATION (TGT)
- Period: 2026-02-01 to 2026-05-02
- Filing: Q1 FY2026 10-Q, filed 2026-05-29, accession number 0000027419-26-000022
- Page: https://plicit.ai/financials/tgt/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/tgt-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-02-01 through 2026-05-02. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 25,443,000,000 US dollars
- **Cost of sales**: 18,061,000,000 US dollars
- **Gross profit (calculated)**: 7,382,000,000 US dollars
- **Operating expenses (calculated)**: 6,247,000,000 US dollars
- **Operating income**: 1,135,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 102,000,000 US dollars
- **Earnings before income taxes**: 1,033,000,000 US dollars
- **Provision for income taxes**: 252,000,000 US dollars
- **Net earnings**: 781,000,000 US dollars
- **Apparel & accessories**: 3,846,000,000 US dollars
- **Beauty**: 3,398,000,000 US dollars
- **Food & beverage**: 6,263,000,000 US dollars
- **Hardlines (Fun 101)**: 3,522,000,000 US dollars
- **Home furnishings & décor**: 3,239,000,000 US dollars
- **Household essentials**: 4,570,000,000 US dollars
- **Other merchandise sales**: 56,000,000 US dollars
- **Advertising revenue**: 246,000,000 US dollars
- **Credit card profit sharing**: 130,000,000 US dollars
- **Other**: 173,000,000 US dollars
- **Selling, general, and administrative expenses**: 5,562,000,000 US dollars
- **Depreciation and amortization (exclusive of depreciation included in cost of sales)**: 685,000,000 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.