Target Q2 FY26 earnings

Revenue $26.54B, up 5.3% on a year earlier. Diluted EPS $4.11 against $2.05.

The results

Q2 FY26Q1 FY26Q2 FY25Year over year
Revenue$26.54B$25.44B$25.21B+5.3%
Operating income$2.56B$1.14B$1.32B+94.4%
Net income$1.88B$781.00M$935.00M+100.7%
Diluted EPS$4.11$1.71$2.05
Operating cash flow$3.80B$716.00M$2.08B+82.6%
Capital expenditures-$1.37B-$1.03B-$1.07B
Free cash flow$2.43B-$319.00M$1.01B+141.2%
Dividend per share$1.16$1.14$1.14

KPIs this quarter

Q2 FY26Q2 FY25Year over year
Comparable sales growth2.7%-1.9%
Number of stores2,0191,982+1.9%
Comparable traffic growth3.6%-1.3%
Digital comparable sales growth8.7%4.3%

Sources

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Stock Atlas, “Target (TGT) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/TGT/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.