Targa Resources (TRGP) Net Income (2010 - 2026)
Targa Resources' Net Income came in at $777.7 million for Q2 2026, up 22.0% from $637.2 million a year earlier and up 59.6% from the prior quarter.
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Analysis
Targa Resources (TRGP) Net Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Targa Resources reported Net Income of $2.3 billion, up 29.5% year-over-year; for FY2025, it was $1.96 billion, up 26.0% from FY2024.
- Going back by year, Net Income was $1.55 billion in FY2024 (-1.6%), $1.58 billion in FY2023 (+3.1%), $1.53 billion in FY2022 (+262.8%) and $422.1 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Net Income in data going back to Q2 2010.
- Year-over-year, Net Income has increased for five consecutive quarters, with growth averaging 34.6% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q2 2022 (growth of 342.5%), and the weakest in Q2 2023 (a decline of 43.6%).
- Business Quant data shows TRGP's Net Income at $487.4 million (Q1 2026), $553.1 million (Q4 2025) and $486.6 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 1.13 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 1.86 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 2.53 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 894.00 Mn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 832.09 Mn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 777.70 Mn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.09 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 3.64 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 967.00 Mn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 1.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 777.70 Mn |
| Mar 31, 2026 | 487.40 Mn |
| Dec 31, 2025 | 553.10 Mn |
| Sep 30, 2025 | 486.60 Mn |
| Jun 30, 2025 | 637.20 Mn |
| Mar 31, 2025 | 279.80 Mn |
| Dec 31, 2024 | 414.00 Mn |
| Sep 30, 2024 | 448.10 Mn |
| Jun 30, 2024 | 358.90 Mn |
| Mar 31, 2024 | 332.60 Mn |
| Dec 31, 2023 | 357.60 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 387.50 Mn |
| Mar 31, 2023 | 555.20 Mn |
| Dec 31, 2022 | 395.90 Mn |
| Sep 30, 2022 | 279.30 Mn |
| Jun 30, 2022 | 687.60 Mn |
| Mar 31, 2022 | 168.60 Mn |
| Dec 31, 2021 | -249.20 Mn |
| Sep 30, 2021 | 288.00 Mn |
API Access
Targa Resources Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();