TGT Q2 2027 Earnings — Income Statement Breakdown
For its Q2 2027 period (ending 2026-08-01), TGT reported revenue of $26.5B, gross profit of $8.9B (33.7% gross margin), operating income of $2.6B, and net income of $1.9B (7.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
TGT was profitable; revenue grew 4.3% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +4.3% | +140.3% | +4.0 pp |
Consensus estimate data is not available for this report.
TGT Q2 2027 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $26.5B | 100% |
| Cost of Revenue | −$17.6B | 66.3% |
| Gross Profit | $8.9B | 33.7% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$5.7B | 21.6% |
| Other Operating Expenses | −$651M | 2.5% |
| Operating Income | $2.6B | 9.6% |
| Interest Expense | −$98M | 0.4% |
| Other Income, net | −$3M | 0.0% |
| Income Tax Expense | −$582M | 2.2% |
| Net Income | $1.9B | 7.1% |
Source: TGT filings on SEC EDGAR (period ended 2026-08-01). Data normalized by EarningsFyi.