Targa Resources (TRGP) Revenue (2010 - 2026)
Targa Resources' (TRGP) quarterly Revenue came in at $4.1 billion in Q1 2026, down 10.23% year-on-year from $4.6 billion in Q1 2025, and up 0.97% on a QoQ basis from $4.1 billion in Q4 2025.
Targa Resources (TRGP) Revenue (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Revenue data on file, last reported at $4.1 billion in Q1 2026.
- On a quarterly basis, Revenue fell 10.23% year-over-year to $4.1 billion in Q1 2026; TTM through Mar 2026 was $16.6 billion, a 1.1% increase from a year earlier, with the FY2025 full-year figure at $17.0 billion, up 3.95% from the prior year.
- Revenue for Q1 2026 stood at $4.1 billion, up from $4.1 billion in the prior quarter.
- Over the last five years, Revenue for TRGP reached as high as $6.1 billion in Q2 2022 and fell as low as $3.4 billion in Q2 2023.
- Historically, Revenue has averaged $4.4 billion across 5 years, with a median of $4.3 billion in 2025.
- Across the five-year window, Revenue surged 77.28% in 2022 and slumped 43.79% in 2023, its largest moves.
- Year by year, Revenue stood at $4.6 billion in 2022, then retreated by 6.92% to $4.2 billion in 2023, then gained by 3.91% to $4.4 billion in 2024, then dropped by 7.94% to $4.1 billion in 2025, then increased by 0.97% to $4.1 billion in 2026.
- Per Business Quant data, the three most recent Revenue figures were $4.1 billion in Q1 2026, $4.1 billion in Q4 2025, and $4.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn | 186.29 Mn |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn | 80.46 Mn |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn | 6.54 Bn |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn | 4.83 Bn |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - | 14.39 Bn |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn | 1.40 Bn |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn | 27.77 Bn |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn | 4.09 Bn |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn | 2.35 Bn |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 Bn | 9.62 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.09 Bn |
| Dec 31, 2025 | 4.06 Bn |
| Sep 30, 2025 | 4.15 Bn |
| Jun 30, 2025 | 4.26 Bn |
| Mar 31, 2025 | 4.56 Bn |
| Dec 31, 2024 | 4.41 Bn |
| Sep 30, 2024 | 3.85 Bn |
| Jun 30, 2024 | 3.56 Bn |
| Mar 31, 2024 | 4.56 Bn |
| Dec 31, 2023 | 4.24 Bn |
| Sep 30, 2023 | 3.90 Bn |
| Jun 30, 2023 | 3.40 Bn |
| Mar 31, 2023 | 4.52 Bn |
| Dec 31, 2022 | 4.55 Bn |
| Sep 30, 2022 | 5.36 Bn |
| Jun 30, 2022 | 6.06 Bn |
| Mar 31, 2022 | 4.96 Bn |
| Dec 31, 2021 | 5.44 Bn |
| Sep 30, 2021 | 4.46 Bn |
| Jun 30, 2021 | 3.42 Bn |