Target Corporation
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Financial Performance
Revenue
$104.780B
Market Cap
$63.5B
Net Income
$3.7B
Employees
415,000
Target is fighting a critical battle to restore traffic momentum and recapture the discretionary spending that migrated to Walmart and Amazon during the damaging inventory and brand perception crises of recent years. Under CEO Brian Cornell, the retail giant generated exactly $107.4 billion in revenue and maintains a $63.5 billion market cap with exactly 415000 employees. The financial narrative in 2026 is entirely defined by discretionary category reinvestment; rebuilding its coveted premium value reputation, Target extracts improving same-store sales by furiously expanding its differentiated owned brands, investing in store experience, and optimizing its same-day fulfillment through its beloved Drive Up and Shipt services.
Revenue Trend Analysis
YoY Change
-1.7%
5-Year CAGR
+2.3%
Peak Year
2023
Trend
Volatile
Target Corporation has reported revenue across 6 fiscal years, compounding at +2.3% annually over 5 years. The most recent year saw a 1.7% decline versus the prior year. Revenue peaked in 2023 at $109.1B. Out of 5 reported periods, 2 showed growth and 3 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2026 | $104.8B | $3.7B | -1.7% |
| FY2025 | $106.6B | — | -0.8% |
| FY2024 | $107.4B | — | -1.6% |
| FY2023 | $109.1B | — | +2.9% |
| FY2022 | $106.0B | — | +13.3% |
| FY2021 | $93.6B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Target Corporation reported approximately $107.4B in fiscal year 2026 with a team of 415,000 employees worldwide.
Target Corporation strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Retail is driven by steady cash generation and pricing power, enabling Target Corporation to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Target Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/target/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Target Corporation reported $105B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/target/financials" target="_blank" rel="noopener">CorpDigest — Target Corporation financials</a></div>