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.

• On a quarterly basis, Operating Expenses rose 9.91% year-over-year to $333.7 million in Q1 2026; TTM through Mar 2026 was $1.3 billion, a 10.59% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 10.44% from the prior year.
• Operating Expenses for Q1 2026 stood at $333.7 million, down from $337.6 million in the prior quarter.
• Over the last five years, Operating Expenses for TRGP reached as high as $337.6 million in Q4 2025 and fell as low as $183.5 million in Q1 2022.
• Historically, Operating Expenses has averaged $282.3 million across 5 years, with a median of $278.0 million in 2024.
• On a YoY basis, Operating Expenses climbed as much as 40.71% in 2023 and fell as far as 6.28% in 2023.
• Year by year, Operating Expenses stood at $252.2 million in 2022, then grew by 6.86% to $269.5 million in 2023, then increased by 13.51% to $305.9 million in 2024, then climbed by 10.36% to $337.6 million in 2025, then slipped 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.