TGT Q3 2026 Earnings — Income Statement Breakdown
For its Q3 2026 period (ending 2025-11-01), TGT reported revenue of $25.3B, gross profit of $7.1B (28.2% gross margin), operating income of $948M, and net income of $689M (2.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
TGT was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
TGT Q3 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $25.3B | 100% |
| Cost of Revenue | −$18.1B | 71.8% |
| Gross Profit | $7.1B | 28.2% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$5.5B | 21.9% |
| Other Operating Expenses | −$649M | 2.6% |
| Operating Income | $948M | 3.8% |
| Interest Expense | −$115M | 0.5% |
| Other Income, net | $26M | 0.1% |
| Income Tax Expense | −$170M | 0.7% |
| Net Income | $689M | 2.7% |
Source: original SEC filing (filed 2025-11-19). Accession 0000027419-25-000123. Data normalized by EarningsFyi.