Target (TGT) earnings history
Most recent quarter
- Fiscal period
- Q2 2027
- Period end
- Aug 1, 2026
- EPS actual
- $4.11
- EPS estimate
- $2.35
- EPS surprise
- +75.21%
- Revenue surprise
- +1.56%
- Revenue
- $26.5B
- Revenue estimate
- $26.1B
- Reported
- Aug 19, 2026
Target reported fiscal Q2 2027 results on August 19, 2026. Earnings per share were $4.11, ahead of the $2.35 estimate by 75.21%. Revenue was $26.5 billion, 1.56% above the $26.1 billion consensus. Compared with Q2 2026, EPS roughly doubled from $2.05 and revenue rose about 5% from $25.2 billion. Both the $4.11 and the size of the beat are the highest in the table.
The longer record swings widely. Annual EPS was $6.01 in fiscal 2023, rose to $8.93 in fiscal 2024, then eased to $8.86 in 2025 and $7.57 in 2026. The first two quarters of fiscal 2027 add up to $5.82, about 74% more than the same period a year earlier. The low in the table was Q2 2023, at $0.39 per share. Q4 is the largest revenue quarter of each full year shown, peaking at $31.9 billion in Q4 2024. Over the last 20 quarters, Target beat the EPS estimate 14 times and missed 6 times.
Target reported fiscal Q3 between November 15 and November 20 in each of the past five years. That points to mid- to late November 2026 for the next report. It will show whether EPS stays well above year-earlier levels.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2027 | Aug 19, 2026 | $2.35 | $4.11 | +75.21% | $26.5B | SEC |
| Q1 2027 | May 20, 2026 | $1.47 | $1.71 | +16.71% | $25.4B | SEC |
| Q4 2026 | Mar 3, 2026 | $2.14 | $2.44 | +14.10% | $30.5B | SEC |
| Q3 2026 | Nov 19, 2025 | $1.71 | $1.78 | +4.18% | $25.3B | SEC |
| Q2 2026 | Aug 20, 2025 | $2.04 | $2.05 | +0.73% | $25.2B | SEC |
| Q1 2026 | May 21, 2025 | $1.56 | $1.30 | −16.73% | $23.8B | SEC |
| Q4 2025 | Mar 4, 2025 | $2.27 | $2.41 | +6.20% | $30.9B | SEC |
| Q3 2025 | Nov 20, 2024 | $2.30 | $1.85 | −19.48% | $25.7B | SEC |
| Q2 2025 | Aug 21, 2024 | $2.18 | $2.57 | +17.71% | $25.5B | SEC |
| Q1 2025 | May 22, 2024 | $2.05 | $2.03 | −1.11% | $24.5B | SEC |
| Q4 2024 | Mar 5, 2024 | $2.43 | $2.98 | +22.59% | $31.9B | SEC |
| Q3 2024 | Nov 15, 2023 | $1.47 | $2.10 | +42.47% | $25.4B | SEC |
| Q2 2024 | Aug 16, 2023 | $1.43 | $1.80 | +25.79% | $24.8B | SEC |
| Q1 2024 | May 17, 2023 | $1.77 | $2.05 | +16.06% | $25.3B | SEC |
| Q4 2023 | Feb 28, 2023 | $1.40 | $1.89 | +34.74% | $31.4B | SEC |
| Q3 2023 | Nov 16, 2022 | $2.16 | $1.54 | −28.72% | $26.5B | SEC |
| Q2 2023 | Aug 17, 2022 | $0.72 | $0.39 | −45.51% | $26.0B | SEC |
| Q1 2023 | May 18, 2022 | $3.07 | $2.19 | −28.63% | $25.2B | SEC |
| Q4 2022 | Mar 1, 2022 | $2.85 | $3.19 | +12.04% | $31.0B | SEC |
| Q3 2022 | Nov 17, 2021 | $2.82 | $3.03 | +7.28% | $25.7B | SEC |
Quarterly revenue
Frequently asked questions
When did Target (TGT) last report earnings?
Target last reported on Aug 19, 2026, covering fiscal Q2 2027.
Did TGT beat earnings estimates?
Yes. Target reported EPS of $4.11 for Q2 2027 against a $2.35 estimate — a 75.21% beat.
How much revenue did TGT report last quarter?
Target reported $26.5B in revenue for Q2 2027, against a consensus estimate of $26.1B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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