Target (TGT) Revenue — Quarter Ended Aug 2, 2025
Revenue for the quarter decreased from the same period last year but increased from the immediately preceding quarter. The sequential growth followed a prior decline, while the annual comparison remained negative.
Key takeaway
Quarter ended Aug 2, 2025 · FY2025 Q2
Revenue for the quarter decreased from the same period last year but increased from the immediately preceding quarter. The sequential growth followed a prior decline, while the annual comparison remained negative.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$25.2B
Revenue reported for this quarter.
Quarter-over-quarter
+5.7%
Change from the immediately preceding quarter.
Year-over-year
-0.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$105.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Nov 2, 2024 | $25.7B | +1.1% |
| Feb 1, 2025 | $30.9B | -3.1% |
| May 3, 2025 | $23.8B | -2.8% |
| Aug 2, 2025 | $25.2B | -0.9% |
Revenue performance
The company reported lower revenue than the same quarter a year earlier, reflecting a continuation of year-over-year declines. However, revenue improved from the previous quarter, indicating a rebound from the prior period's level.
Quarterly comparison
Compared to the prior quarter, revenue rose, reversing a decline. Compared to the same quarter one year ago, revenue fell, marking the latest in a series of annual decreases.
What to watch
The pattern of year-over-year revenue declines across recent quarters warrants monitoring of future comparisons.