Targa Resources (TRGP) Revenue (2010 - 2026)
Targa Resources (TRGP) posted quarterly Revenue of $4.1 billion for Q1 2026, down 10.23% year-over-year from $4.6 billion in Q1 2025, and up 0.97% quarter-over-quarter from $4.1 billion in Q4 2025.
Targa Resources (TRGP) Revenue (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Revenue for 17 consecutive years, with $4.1 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue fell 10.23% year-over-year to $4.1 billion; the TTM figure through Mar 2026 stood at $16.6 billion (up 1.1% YoY), while the FY2025 annual figure was $17.0 billion, up 3.95% from the prior year.
- Revenue climbed to $4.1 billion in Q1 2026 per TRGP's latest filing, from $4.1 billion in the prior quarter.
- Across five years, Revenue topped out at $6.1 billion in Q2 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Revenue jumped 77.28% — and 2023, when it plunged 43.79%.
- Targa Resources' Revenue stood at $4.6 billion in 2022, then declined by 6.92% to $4.2 billion in 2023, then increased by 3.91% to $4.4 billion in 2024, then decreased by 7.94% to $4.1 billion in 2025, then climbed by 0.97% to $4.1 billion in 2026.
- Business Quant data shows TRGP's Revenue at $4.1 billion in Q1 2026, $4.1 billion in Q4 2025, and $4.2 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.04 Bn | 113.17 Bn | 3.07 Bn | 4.48 Bn |
| 2 | Enbridge | 111.19 Bn | 111.69 Bn | 5.23 Bn | 21.19 Bn |
| 3 | Enterprise Products Partners | 83.98 Bn | 83.12 Bn | - | 18.27 Bn |
| 4 | Energy Transfer | 72.48 Bn | 71.45 Bn | 7.40 Bn | 34.33 Bn |
| 5 | Tc Energy | 66.71 Bn | 66.18 Bn | 1.24 Bn | 1.29 Bn |
| 6 | Mplx | 60.30 Bn | 59.27 Bn | 2.73 Bn | 3.31 Bn |
| 7 | Oneok | 59.88 Bn | 59.82 Bn | 2.81 Bn | 12.05 Bn |
| 8 | Targa Resources | 59.14 Bn | 59.14 Bn | 2.14 Bn | 4.44 Bn |
| 9 | Cheniere Energy | 56.12 Bn | 60.17 Bn | 5.29 Bn | 5.73 Bn |
| 10 | Venture Global | 34.82 Bn | 35.11 Bn | 2.92 Bn | 4.58 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.44 Bn |
| 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 |