Targa Resources Inc

Energy · Oil & Gas Midstream

277.80$ -1.9% vs. previous close Closing price · As of: Sep 25, 2026

Statements

Income Statement

Targa Resources Inc (TRGP) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 4,440 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement TRGP
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	1,645	2,013	2,120	1,862	2,135	2,747	2,493	2,454	3,011	2,596	2,288	1,953	1,964	2,473	1,889	1,455	2,006	2,922	3,767	3,526	4,543	5,442	4,959	6,233	5,360	4,555	4,297	3,209	3,881	4,232	4,562	3,619	3,886	4,405	4,853	4,026	4,202	4,056	4,095	4,440	16,792
Cost of Revenue	1,550	1,878	1,997	1,779	2,027	2,535	2,312	2,278	2,785	2,401	2,154	1,809	1,773	2,148	1,622	1,249	1,689	2,191	3,224	3,106	4,027	4,789	4,413	5,533	4,594	3,654	3,602	2,674	3,299	3,509	3,559	2,837	3,021	3,301	3,929	3,133	3,223	2,308	2,821	2,302	10,654
Gross Profit	95	135	122	83	109	212	181	176	227	196	134	144	192	325	267	207	317	732	544	420	517	652	546	700	767	901	695	535	582	722	1,004	782	865	1,104	924	893	978	1,748	1,274	2,138	6,139
Research & Development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	46	49	49	51	50	54	57	57	63	80	81	73	70	57	61	62	59	74	61	64	67	81	67	71	79	93	82	81	90	95	87	98	103	98	95	95	105	112	108	108	432
Total Operating Expenses	51	49	49	51	50	54	57	57	64	82	85	73	70	54	61	62	59	74	62	63	66	744	250	70	337	349	82	81	90	95	365	98	101	404	88	84	94	831	427	904	2,255
Operating Income	44	85	74	32	58	158	124	119	163	114	50	71	122	272	206	145	258	657	482	357	451	-92	296	629	430	551	613	454	492	627	639	684	764	701	836	809	885	917	847	1,235	3,884
Interest Expense	63	67	63	58	55	52	56	65	87	67	81	72	89	96	98	97	98	99	98	95	91	104	94	81	126	146	168	167	175	178	229	176	185	178	197	218	221	216	228	237	902
Pre-Tax Income	-12	-237	-39	-35	-253	34	48	154	-15	-120	-28	46	28	-93	-2,116	154	204	185	243	162	290	-258	192	775	291	406	666	484	333	460	415	453	545	524	352	821	621	692	611	551	2,475
Income Tax Expense	-8.7	-97	71	-106	-97	-265	8.9	33	-3.9	-32	-2.9	-3.3	-3.8	-78	-295	-23	32	39	15	6.6	2.0	-8.7	23	87	12	9.8	110	96	54	103	83	94	97	110	72	184	134	139	124	-227	170
Net Income	-11	-151	-119	58	-168	283	23	109	-24	-106	-39	-10	-47	-113	-1,738	81	69	34	146	56	182	-314	88	596	193	318	6.3	326	218	278	275	296	385	351	199	625	476	545	480	765	2,265
EBITDA	236	25	216	227	11	294	303	422	279	157	291	356	363	257	-1,778	456	506	502	558	470	605	66	494	1,127	704	881	1,160	984	841	981	984	979	1,086	1,081	917	1,413	1,226	1,299	1,037	1,240	4,802

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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