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

Targa Resources' Operating Expenses history runs 17 years deep, the most recent figure standing at $333.7 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 9.91% year-over-year to $333.7 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 10.59% YoY), while the FY2025 annual figure was $1.3 billion, up 10.44% from the prior year.
• Operating Expenses came in at $333.7 million for Q1 2026 at Targa Resources, down 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.
• The 5-year median for Operating Expenses is $278.0 million (2024), against an average of $282.3 million.
• Peak annual rise in Operating Expenses reached 40.71% in 2023, while the deepest fall reached 6.28% in 2023.
• A 5-year view of Operating Expenses shows it stood at $252.2 million in 2022, then advanced by 6.86% to $269.5 million in 2023, then climbed by 13.51% to $305.9 million in 2024, then gained by 10.36% to $337.6 million in 2025, then retreated by 1.16% to $333.7 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $333.7 million in Q1 2026, $337.6 million in Q4 2025, and $333.5 million in Q3 2025.