10-Q quarterly report · filed Aug 28, 2026

Target Corporation (TGT) Q3 2026 10-Q Quarterly Report

Short answer

Target Corporation (TGT) filed its Q3 2026 10-Q quarterly report on Aug 28, 2026 for the quarter ended Aug 1, 2026. Quarterly revenue was $26.5B (up 5.3% year over year) with net income of $1.9B.

Q3 2026 key financials · XBRL

Revenue
$26.5B
+5.3% YoY · +4.3% QoQ
Net income
$1.9B
+100.7% YoY · +140.3% QoQ
Operating margin
9.6%
EPS (diluted)
$4.12
+101.0% YoY · +140.9% QoQ

Source: XBRL data from the Target Corporation (TGT) Q3 2026 10-Q on SEC EDGAR. USD.

Target Corporation Q3 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net sales $26.539B, up 5.3% YoY, driven by 3.8% comparable sales and 20.1% non-merchandise sales growth
  • Operating margin 9.6% vs 5.2% YoY; gross margin 33.7% vs 29.0%, including 3.7-point tariff-refund benefit
  • Digital comparable sales up 8.7% versus stores-originated comparable sales up 2.7%
  • Cash $5.4B; operating cash flow $4.5B versus $2.4B YoY; investing cash used $2.4B versus $1.9B
  • Tariff uncertainty and evolving tariffs, refunds, sourcing, pricing, and consumer responses may materially affect future results

Risk Factors

  • No material risk-factor changes disclosed; filing refers readers to the January 31, 2026 Form 10-K
  • Share-repurchase authorization: $8.3 billion remaining under the $15 billion program as of August 1, 2026
  • No new regulatory, legal, compliance, operational, competitive, or financial risks identified in the provided section

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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