Targa Resources (TRGP) Revenue (2014 - 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% sequentially from $4.1 billion in Q4 2025.
Targa Resources (TRGP) Revenue (2014 - 2026) Analysis & Trends
Targa Resources' Revenue history runs 13 years deep, the most recent figure standing at $4.1 billion for 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 came in at $4.1 billion for Q1 2026 at Targa Resources, up from $4.1 billion in the prior quarter.
- Over five years, Revenue peaked at $6.1 billion in Q2 2022 and troughed at $3.4 billion in Q2 2023.
- The 5-year median for Revenue is $4.3 billion (2025), against an average of $4.4 billion.
- The widest annual swing landed in 2022, when Revenue surged 77.28%; it then sank 43.79% in 2023.
- A 5-year view of Revenue shows it 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.
- 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 16.30 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 4.83 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 14.39 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 27.77 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 4.09 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 3.04 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 9.62 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 3.60 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 4.60 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 12.47 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 |