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

Targa Resources' Operating Income history runs 17 years deep, the most recent figure standing at $846.9 million for Q1 2026.

• In Q1 2026, Operating Income rose 55.88% year-over-year to $846.9 million; the TTM figure through Mar 2026 stood at $825.7 million (down 68.23% YoY), while the FY2025 annual figure was $522.1 million, down 80.63% from the prior year.
• Operating Income came in at $846.9 million for Q1 2026 at Targa Resources, up from -$1.9 billion in the prior quarter.
• Over five years, Operating Income peaked at $1.0 billion in Q2 2025 and troughed at -$1.9 billion in Q4 2025.
• The 5-year median for Operating Income is $627.2 million (2024), against an average of $364.8 million.
• The widest annual swing landed in 2022, when Operating Income surged 701.97%; it then tumbled 387.09% in 2023.
• A 5-year view of Operating Income shows it stood at $551.4 million in 2022, then slumped by 387.09% to -$1.6 billion in 2023, then jumped by 144.25% to $700.5 million in 2024, then tumbled by 370.05% to -$1.9 billion in 2025, then jumped by 144.77% to $846.9 million in 2026.
• Per Business Quant data, the three most recent Operating Income figures were $846.9 million in Q1 2026, -$1.9 billion in Q4 2025, and $836.9 million in Q3 2025.