# TARGET CORPORATION (TGT) FY2026 Q2 P&L / Income Statement

- Company: TARGET CORPORATION (TGT)
- Period: 2026-05-03 to 2026-08-01
- Filing: Q2 FY2026 10-Q, filed 2026-08-28, accession number 0000027419-26-000042
- Page: https://plicit.ai/financials/tgt/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/tgt-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-05-03 through 2026-08-01. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 26,539,000,000 US dollars
- **Cost of sales**: 17,603,000,000 US dollars
- **Gross profit (calculated)**: 8,936,000,000 US dollars
- **Operating expenses (calculated)**: 6,376,000,000 US dollars
- **Operating income**: 2,560,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 101,000,000 US dollars
- **Earnings before income taxes**: 2,459,000,000 US dollars
- **Provision for income taxes**: 582,000,000 US dollars
- **Net earnings**: 1,877,000,000 US dollars
- **Apparel & accessories**: 4,090,000,000 US dollars
- **Beauty**: 3,639,000,000 US dollars
- **Food & beverage**: 5,991,000,000 US dollars
- **Hardlines (Fun 101)**: 3,894,000,000 US dollars
- **Home furnishings & décor**: 3,668,000,000 US dollars
- **Household essentials**: 4,617,000,000 US dollars
- **Other merchandise sales**: 48,000,000 US dollars
- **Advertising revenue**: 279,000,000 US dollars
- **Credit card profit sharing**: 139,000,000 US dollars
- **Other**: 174,000,000 US dollars
- **Selling, general, and administrative expenses**: 5,725,000,000 US dollars
- **Depreciation and amortization (exclusive of depreciation included in cost of sales)**: 651,000,000 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.