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Targa Resources

NYSE: TRGP · USD

Targa Resources revenue82

Quarterly and annual revenue from company filings.

Business drivers

Business lines and operating measures.

Material Reconciling Items · Gathering And Processing revenue

Reported quarterly Material Reconciling Items · Gathering And Processing revenue. Quarterly figures · USD

Material Reconciling Items · Gathering And Processing revenue. Reported quarterly Material Reconciling Items · Gathering And Processing revenue. Unit: USD. All reporting dates and source links follow.
Period endedUSDReport
Jun 30, 2026From Apr 1, 20261,310,300,000Filed Aug 6, 2026
Mar 31, 2026From Jan 1, 20261,777,500,000Filed May 7, 2026
Jun 30, 2025From Apr 1, 20251,745,700,000Filed Aug 6, 2026
Mar 31, 2025From Jan 1, 20252,193,000,000Filed May 7, 2026

Logistics And Transportation · Material Reconciling Items revenue

Reported quarterly Logistics And Transportation · Material Reconciling Items revenue. Quarterly figures · USD

Logistics And Transportation · Material Reconciling Items revenue. Reported quarterly Logistics And Transportation · Material Reconciling Items revenue. Unit: USD. All reporting dates and source links follow.
Period endedUSDReport
Jun 30, 2026From Apr 1, 20263,496,000,000Filed Aug 6, 2026
Mar 31, 2026From Jan 1, 20263,411,200,000Filed May 7, 2026
Jun 30, 2025From Apr 1, 20253,422,400,000Filed Aug 6, 2026
Mar 31, 2025From Jan 1, 20254,201,000,000Filed May 7, 2026

Independent series; they may overlap and do not form an additive breakdown.

  • Selected series include intersegment activity and are not consolidated totals.
  • No physical operating measures were proposed.

Products & projects

Gathering and Processing

The Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells, removing impurities and processing this raw natural gas into merchantable natural gas by extracting NGLs; and assets used for the gathering and terminaling and/or purchase and sale of crude oil.

Filed · source for Gathering and Processing

Galena Park Marine Terminal

NGL market hub. Additionally, our integrated Mont Belvieu and Galena Park Marine Terminal assets allow us to provide the raw product, fractionation, storage, interconnected terminaling, refrigeration and ship loading capabilities to support exports by third-party customers.

Filed · source for Galena Park Marine Terminal

Revenue history

USD millions · Fiscal periods
Jun 30, 2011 through Jun 30, 2026

Quarterly data

Targa Resources quarterly financial data in USD millions. FY denotes the company's fiscal year. YTD covers reported quarters only.
Fiscal quarterEndedTotal revenueUSD millions
FY 2026 Q2Jun 30, 20264,440.1, +8.4% versus FY 2026 Q1
FY 2026 Q1Mar 31, 20264,094.7, +1.0% versus FY 2025 Q4
FY 2025 Q4Dec 31, 20254,055.5, −2.3% versus FY 2025 Q3
FY 2025 Q3Sep 30, 20254,151.2, −2.6% versus FY 2025 Q2
FY 2025 Q2Jun 30, 20254,260.1, −6.6% versus FY 2025 Q1
FY 2025 Q1Mar 31, 20254,561.5, Change unavailable versus FY 2024 Q4
FY 2024 Q4Dec 31, 2024Unavailable, Change unavailable versus FY 2024 Q3
FY 2024 Q3Sep 30, 20243,851.8, +26.4% versus FY 2024 Q2
FY 2024 Q2Jun 30, 20243,047.7, −23.6% versus FY 2024 Q1
FY 2024 Q1Mar 31, 20243,988.1, +9.6% versus FY 2023 Q4
FY 2023 Q4Dec 31, 20233,640.4, +8.4% versus FY 2023 Q3
FY 2023 Q3Sep 30, 20233,359.1, +23.5% versus FY 2023 Q2
FY 2023 Q2Jun 30, 20232,719.6, −28.5% versus FY 2023 Q1
FY 2023 Q1Mar 31, 20233,801.8, −7.0% versus FY 2022 Q4
FY 2022 Q4Dec 31, 20224,087.3, −19.0% versus FY 2022 Q3
FY 2022 Q3Sep 30, 20225,043.5, −13.1% versus FY 2022 Q2
FY 2022 Q2Jun 30, 20225,800.9, +18.7% versus FY 2022 Q1
FY 2022 Q1Mar 31, 20224,888.9, −5.8% versus FY 2021 Q4
FY 2021 Q4Dec 31, 20215,187.2, +23.5% versus FY 2021 Q3
FY 2021 Q3Sep 30, 20214,201.8, +31.2% versus FY 2021 Q2
FY 2021 Q2Jun 30, 20213,201.8, −8.6% versus FY 2021 Q1
FY 2021 Q1Mar 31, 20213,502.4, +51.6% versus FY 2020 Q4
FY 2020 Q4Dec 31, 20202,310.6, +33.4% versus FY 2020 Q3
FY 2020 Q3Sep 30, 20201,731.6, +42.8% versus FY 2020 Q2
FY 2020 Q2Jun 30, 20201,212.3, −25.2% versus FY 2020 Q1
FY 2020 Q1Mar 31, 20201,619.8, −34.5% versus FY 2019 Q4
FY 2019 Q4Dec 31, 20192,473.9, +30.0% versus FY 2019 Q3
FY 2019 Q3Sep 30, 20191,902.5, −4.7% versus FY 2019 Q2
FY 2019 Q2Jun 30, 20191,995.3, −13.2% versus FY 2019 Q1
FY 2019 Q1Mar 31, 20192,299.4, −11.5% versus FY 2018 Q4
FY 2018 Q4Dec 31, 20182,597.6, −13.0% versus FY 2018 Q3
FY 2018 Q3Sep 30, 20182,986.4, +22.2% versus FY 2018 Q2
FY 2018 Q2Jun 30, 20182,444.4, −0.5% versus FY 2018 Q1
FY 2018 Q1Mar 31, 20182,455.6, −9.1% versus FY 2017 Q4
FY 2017 Q4Dec 31, 20172,702.8, +26.8% versus FY 2017 Q3
FY 2017 Q3Sep 30, 20172,131.8, +14.1% versus FY 2017 Q2
FY 2017 Q2Jun 30, 20171,867.7, −11.6% versus FY 2017 Q1
FY 2017 Q1Mar 31, 20172,112.6, Change unavailable versus FY 2016 Q4
FY 2016 Q4Dec 31, 2016Unavailable, Change unavailable versus FY 2016 Q3
FY 2016 Q3Sep 30, 2016Unavailable, Change unavailable versus FY 2016 Q2
FY 2016 Q2Jun 30, 2016Unavailable, Change unavailable versus FY 2016 Q1
FY 2016 Q1Mar 31, 2016Unavailable, Change unavailable versus FY 2015 Q4
FY 2015 Q4Dec 31, 2015Unavailable, Change unavailable versus FY 2015 Q3
FY 2015 Q3Sep 30, 2015Unavailable, Change unavailable versus FY 2015 Q2
FY 2015 Q2Jun 30, 2015Unavailable, Change unavailable versus FY 2015 Q1
FY 2015 Q1Mar 31, 2015Unavailable, Change unavailable versus FY 2014 Q4
FY 2014 Q4Dec 31, 2014Unavailable, Change unavailable versus FY 2014 Q3
FY 2014 Q3Sep 30, 2014Unavailable, Change unavailable versus FY 2014 Q2
FY 2014 Q2Jun 30, 2014Unavailable, Change unavailable versus FY 2014 Q1
FY 2014 Q1Mar 31, 2014Unavailable, Change unavailable versus FY 2013 Q4
FY 2013 Q4Dec 31, 2013Unavailable, Change unavailable versus FY 2013 Q3
FY 2013 Q3Sep 30, 2013Unavailable, Change unavailable versus FY 2013 Q2
FY 2013 Q2Jun 30, 2013Unavailable, Change unavailable versus FY 2013 Q1
FY 2013 Q1Mar 31, 2013Unavailable, Change unavailable versus FY 2012 Q4
FY 2012 Q4Dec 31, 2012Unavailable, Change unavailable versus FY 2012 Q3
FY 2012 Q3Sep 30, 2012Unavailable, Change unavailable versus FY 2012 Q2
FY 2012 Q2Jun 30, 2012Unavailable, Change unavailable versus FY 2012 Q1
FY 2012 Q1Mar 31, 2012Unavailable, Change unavailable versus FY 2011 Q4
FY 2011 Q4Dec 31, 2011Unavailable, Change unavailable versus FY 2011 Q3
FY 2011 Q3Sep 30, 2011Unavailable, Change unavailable versus FY 2011 Q2
FY 2011 Q2Jun 30, 2011Unavailable, Change unavailable versus FY 2011 Q1
Sources and definitions

Figures from official company filings and financial reports, in the reported currency. FY identifies the fiscal year; the end date identifies the calendar period. Last checked Oct 19, 2026.

Annual values come from annual filings. Historical quarters retain their reporting basis; rounding and reclassifications can make their sum differ from the annual figure. YTD sums the available fiscal quarters and compares the same quarters of the previous fiscal year.

Missing values are shown as unavailable. Fourth quarters use reported values where available, otherwise the annual amount less the matching nine-month amount.

Total revenue
Reported consolidated revenue from the issuer filing. Each observation identifies its accounting concept; bank net revenue is net of interest expense when that concept is reported.
Annual and quarterly differences
  • FY 2017 · Total revenue: annual 7,800.8, quarter sum 8,814.9 USD millions.
  • FY 2019 · Total revenue: annual 7,397.9, quarter sum 8,671.1 USD millions.
  • FY 2020 · Total revenue: annual 6,874.1, quarter sum 6,874.3 USD millions.
  • FY 2021 · Total revenue: annual 16,093.1, quarter sum 16,093.2 USD millions.
  • FY 2022 · Total revenue: annual 19,820.7, quarter sum 19,820.6 USD millions.
  • FY 2023 · Total revenue: annual 13,521, quarter sum 13,520.9 USD millions.