Targa Resources (TRGP) Operating Expenses (2010 - 2026)

Targa Resources (TRGP) has 17 years of Operating Expenses data on file, last reported at $333.7 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $333.7 million, up 9.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 10.59% YoY), and the FY2025 annual result was $1.3 billion, up 10.44% from the prior year.
• Operating Expenses eased to $333.7 million in Q1 2026 per TRGP's latest filing, from $337.6 million in the prior quarter.
• Over five years, Operating Expenses peaked at $337.6 million in Q4 2025 and troughed at $183.5 million in Q1 2022.
• A 5-year average of $282.3 million and a median of $278.0 million in 2024 frame the typical range for Operating Expenses.
• On a YoY basis, Operating Expenses climbed as much as 40.71% in 2023 and fell as far as 6.28% in 2023.
• A 5-year view of Operating Expenses shows it stood at $252.2 million in 2022, then gained by 6.86% to $269.5 million in 2023, then advanced by 13.51% to $305.9 million in 2024, then rose by 10.36% to $337.6 million in 2025, then fell by 1.16% to $333.7 million in 2026.
• Business Quant data shows TRGP's Operating Expenses at $333.7 million in Q1 2026, $337.6 million in Q4 2025, and $333.5 million in Q3 2025.