Short answer
Target Corporation (TGT) filed its Q2 2026 10-Q quarterly report on May 29, 2026 for the quarter ended May 2, 2026. Quarterly revenue was $25.4B (up 6.7% year over year) with net income of $781M.
Q2 2026 key financials · XBRL
- Revenue
- $25.4B
- +6.7% YoY
- Net income
- $781M
- −24.6% YoY
- Operating margin
- 4.5%
- EPS (diluted)
- $1.71
- −24.7% YoY
Source: XBRL data from the Target Corporation (TGT) Q2 2026 10-Q on SEC EDGAR. USD.
Target Corporation Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $25.443B, up 6.7% YoY, with comparable sales up 5.6%
- Gross margin 29.0% vs 28.2%; adjusted operating margin 4.5% vs 3.7%
- Best channel digitally originated comparable sales, up 8.9%; stores-originated comparable sales up 4.7%
- Cash $3.5B vs $2.9B YoY; operating cash flow $0.7B vs $0.3B
- Tariff uncertainty and potential refunds remain key headwinds; no updated guidance disclosed
Risk Factors
- No new or materially changed risk factors versus the January 31, 2026 Form 10-K
- Regulatory and compliance risks unchanged from the 10-K
- Operational and competitive risks unchanged from the 10-K
- Financial risks unchanged from the 10-K
- Share-repurchase authorization: $8.3 billion remaining as of May 2, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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