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Targa Resources (TRGP) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Targa Resources (TRGP) over the last 12 years, with Q3 2025 value amounting to $2.5 billion.

  • Targa Resources' Cost of Revenue rose 597.89% to $2.5 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $11.1 billion, marking a year-over-year increase of 415.68%. This contributed to the annual value of $10.7 billion for FY2024, which is 24.91% up from last year.
  • Per Targa Resources' latest filing, its Cost of Revenue stood at $2.5 billion for Q3 2025, which was up 597.89% from $2.4 billion recorded in Q2 2025.
  • In the past 5 years, Targa Resources' Cost of Revenue ranged from a high of $5.0 billion in Q2 2022 and a low of $2.1 billion during Q2 2023
  • Moreover, its 5-year median value for Cost of Revenue was $2.9 billion (2024), whereas its average is $3.2 billion.
  • Per our database at Business Quant, Targa Resources' Cost of Revenue surged by 20780.59% in 2021 and then crashed by 5900.98% in 2023.
  • Quarter analysis of 5 years shows Targa Resources' Cost of Revenue stood at $4.6 billion in 2021, then decreased by 27.25% to $3.3 billion in 2022, then decreased by 12.81% to $2.9 billion in 2023, then rose by 0.83% to $2.9 billion in 2024, then fell by 14.24% to $2.5 billion in 2025.
  • Its Cost of Revenue was $2.5 billion in Q3 2025, compared to $2.4 billion in Q2 2025 and $3.3 billion in Q1 2025.