Two years of results through Q2 fiscal 2026 (May–Jul 2026), in plain English. Every figure links to the SEC filing it came from.
Built by the Tribune's code from SEC filings. No AI wrote or changed any figure. No ratings or advice.
Updated Nov. 3, 2026. Latest report: 10-Q, filed Aug. 28, 2026. Updates automatically when the company files its next report. How this page works
Q2 fiscal 2025: 454M. More shares means each share owns a smaller slice
Q2 fiscal 2026 (May–Jul 2026) compared with Q2 fiscal 2025.
What changed this quarter
Revenue was $26.5 billion, up 5% from $25.2 billion a year earlier. Source
Net income was $1.9 billion, up 101% from $935 million a year earlier. Source
Cash and short-term investments rose to $5.4 billion from $3.5 billion three months earlier. Source
Two-year trends
Revenue
All the money the company took in from sales, before any costs.
Billions of dollars, as filed.
Net income
What was left after all costs, interest and taxes: the bottom line. Below the line is a loss.
Billions of dollars: net income attributable to the company's shareholders, as filed (GAAP).
Free cash flow
Cash brought in by running the business, minus spending on property and equipment. Below the line means the company spent more than it brought in that quarter.
Billions of dollars. Calculated by the Tribune: cash from operations minus payments for property and equipment, both as filed.
Shares outstanding
How many shares exist. When the number rises, each share owns a smaller slice of the company.
Billions of shares on each quarter-end date (or on the report's cover page a few weeks later).
Cash and short-term investments compared with debt
Cash on hand next to what the company owes in loans and bonds.
Cash and short-term investmentsDebt
Billions of dollars at each quarter-end. Debt = short-term plus long-term debt, only when both are filed for that date (calculated by the Tribune). A dash means no data.
Warning-sign checks
Code looks for these filings in the last three years and reports only that a filing exists, never what it means for the stock.
Auditor change
The company changed the accounting firm that checks its books.
None in the last three years
Past results can't be relied on
The company said earlier reported results were wrong and will be corrected.
None in the last three years
Late filing
The company told the SEC a required report would be late.
None in the last three years
Every figure and its filing
Each figure links to the 10-Q or 10-K it came from. "No data" means it wasn't filed in a form the methodology accepts; nothing is estimated.
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Figures as filed in 10-Q and 10-K reports; the latest filing wins. Single quarters, the fourth quarter (the full year minus the first nine months), free cash flow, margins and changes are calculated by the Tribune. Methodology version 1.2. How this page works · All of Target's filings on SEC EDGAR
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