Targa Resources (TRGP) Revenue (2014 - 2026)
Targa Resources (TRGP) reported 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 (2014 - 2026) Analysis & Trends
Targa Resources (TRGP) has 13 years of Revenue data on file, last reported at $4.1 billion in Q1 2026.
- Revenue for Q1 2026 came in at $4.1 billion, down 10.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.6 billion (up 1.1% YoY), and the FY2025 annual result was $17.0 billion, up 3.95% from the prior year.
- Revenue rose to $4.1 billion in Q1 2026 per TRGP's latest filing, 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.
- A 5-year average of $4.4 billion and a median of $4.3 billion in 2025 frame the typical range for Revenue.
- The sharpest annual moves came in 2022 and 2023: Revenue jumped 77.28% in 2022, then plunged 43.79% in 2023.
- A 5-year view of Revenue shows it stood at $4.6 billion in 2022, then dropped by 6.92% to $4.2 billion in 2023, then grew by 3.91% to $4.4 billion in 2024, then retreated by 7.94% to $4.1 billion in 2025, then advanced 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 16.30 Bn |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 14.39 Bn |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 4.83 Bn |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 27.77 Bn |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | - |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 3.04 Bn |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 4.09 Bn |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 9.62 Bn |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 2.99 Bn |
| 10 | Cheniere Energy | 49.81 Bn | 52.01 Bn | 5.86 Bn | 5.87 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 |