Targa Resources net income 2008–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Targa Resources earned 658.20M USD in Q3 FY2026, the three months to 30 September 2026, up 38.4% on the same quarter a year before. Targa Resources's net income over the last twelve months was 2.45B USD, up 48.3% on the twelve months before. In fiscal year 2025 it earned 1.84B USD, up 45.3% on the year before.
Last updated 8 Nov 2026 · Next report 18 Feb 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 2.45B | +48.29% | 13.46% | 18.19B |
| FY2025 | 31 Dec 2025 | 1.84B | +45.29% | 10.76% | 17.14B |
| FY2024 | 31 Dec 2024 | 1.27B | +53.28% | 7.64% | 16.63B |
| FY2023 | 31 Dec 2023 | 828.20M | -27.50% | 5.30% | 15.62B |
| FY2022 | 31 Dec 2022 | 1.14B | +1,504.35% | 5.27% | 21.68B |
| FY2021 | 31 Dec 2021 | 71.20M | — | 0.41% | 17.44B |
| FY2020 | 31 Dec 2020 | -1.55B | — | -18.78% | 8.27B |
| FY2019 | 31 Dec 2019 | -209.20M | -13,175.00% | -2.41% | 8.67B |
| FY2018 | 31 Dec 2018 | 1.60M | -97.04% | 0.02% | 10.55B |
| FY2017 | 31 Dec 2017 | 54.00M | — | 0.61% | 8.86B |
| FY2016 | 31 Dec 2016 | -187.30M | -421.27% | -2.82% | 6.65B |
| FY2015 | 31 Dec 2015 | 58.30M | -43.01% | 0.89% | 6.58B |
| FY2014 | 31 Dec 2014 | 102.30M | +57.14% | 1.19% | 8.63B |
| FY2013 | 31 Dec 2013 | 65.10M | +70.87% | 1.00% | 6.54B |
| FY2012 | 31 Dec 2012 | 38.10M | +24.10% | 0.65% | 5.84B |
| FY2011 | 31 Dec 2011 | 30.70M | — | 0.44% | 6.99B |
| FY2010 | 31 Dec 2010 | -15.00M | -151.19% | -0.27% | 5.46B |
| FY2009 | 31 Dec 2009 | 29.30M | -21.45% | 0.65% | 4.54B |
| FY2008 | 31 Dec 2008 | 37.30M | — | 0.47% | 8.00B |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 658.20M | +38.42% | 11.76% | 5.60B |
| Q2 FY2026 | 30 Jun 2026 | 764.60M | +22.32% | 17.22% | 4.44B |
| Q1 FY2026 | 31 Mar 2026 | 479.60M | +141.25% | 11.71% | 4.09B |
| Q4 FY2025 | 31 Dec 2025 | 545.00M | +55.27% | 13.44% | 4.06B |
| Q3 FY2025 | 30 Sept 2025 | 475.50M | +23.67% | 11.32% | 4.20B |
| Q2 FY2025 | 30 Jun 2025 | 625.10M | +111.04% | 15.53% | 4.03B |
| Q1 FY2025 | 31 Mar 2025 | 198.80M | -27.76% | 4.10% | 4.85B |
| Q4 FY2024 | 31 Dec 2024 | 351.00M | +26.40% | 7.97% | 4.41B |
| Q3 FY2024 | 30 Sept 2024 | 384.50M | +76.54% | 9.89% | 3.89B |
| Q2 FY2024 | 30 Jun 2024 | 296.20M | -9.06% | 8.19% | 3.62B |
| Q1 FY2024 | 31 Mar 2024 | 275.20M | +4,268.25% | 6.03% | 4.56B |
| Q4 FY2023 | 31 Dec 2023 | 277.70M | -12.67% | 6.56% | 4.23B |
| Q3 FY2023 | 30 Sept 2023 | 217.80M | +12.79% | 5.61% | 3.88B |
| Q2 FY2023 | 30 Jun 2023 | 325.70M | -45.39% | 10.15% | 3.21B |
| Q1 FY2023 | 31 Mar 2023 | 6.30M | -92.84% | 0.15% | 4.30B |
| Q4 FY2022 | 31 Dec 2022 | 318.00M | — | 6.98% | 4.55B |
| Q3 FY2022 | 30 Sept 2022 | 193.10M | +5.98% | 3.60% | 5.36B |
| Q2 FY2022 | 30 Jun 2022 | 596.40M | +961.21% | 9.57% | 6.23B |
| Q1 FY2022 | 31 Mar 2022 | 88.00M | -39.89% | 1.77% | 4.96B |
| Q4 FY2021 | 31 Dec 2021 | -313.60M | -1,033.33% | -5.76% | 5.44B |
| Q3 FY2021 | 30 Sept 2021 | 182.20M | +162.91% | 4.01% | 4.54B |
| Q2 FY2021 | 30 Jun 2021 | 56.20M | -30.62% | 1.59% | 3.53B |
| Q1 FY2021 | 31 Mar 2021 | 146.40M | — | 3.89% | 3.77B |
| Q4 FY2020 | 31 Dec 2020 | 33.60M | — | 1.15% | 2.92B |
| Q3 FY2020 | 30 Sept 2020 | 69.30M | — | 3.45% | 2.01B |
| Q2 FY2020 | 30 Jun 2020 | 81.00M | — | 5.57% | 1.46B |
| Q1 FY2020 | 31 Mar 2020 | -1.74B | — | -92.00% | 1.89B |
| Q4 FY2019 | 31 Dec 2019 | -112.80M | — | -4.56% | 2.47B |
| Q3 FY2019 | 30 Sept 2019 | -47.30M | — | -2.41% | 1.96B |
| Q2 FY2019 | 30 Jun 2019 | -10.20M | -109.35% | -0.52% | 1.95B |
| Q1 FY2019 | 31 Mar 2019 | -38.90M | -269.87% | -1.70% | 2.29B |
| Q4 FY2018 | 31 Dec 2018 | -106.40M | -137.58% | -4.10% | 2.60B |
| Q3 FY2018 | 30 Sept 2018 | -23.70M | — | -0.79% | 3.01B |
| Q2 FY2018 | 30 Jun 2018 | 109.10M | +89.41% | 4.45% | 2.45B |
| Q1 FY2018 | 31 Mar 2018 | 22.90M | — | 0.92% | 2.49B |
| Q4 FY2017 | 31 Dec 2017 | 283.10M | — | 10.30% | 2.75B |
| Q3 FY2017 | 30 Sept 2017 | -167.60M | — | -7.85% | 2.14B |
| Q2 FY2017 | 30 Jun 2017 | 57.60M | — | 3.09% | 1.86B |
| Q1 FY2017 | 31 Mar 2017 | -119.30M | — | -5.63% | 2.12B |
| Q4 FY2016 | 31 Dec 2016 | -150.80M | -660.59% | -7.49% | 2.01B |
| Q3 FY2016 | 30 Sept 2016 | -10.70M | -184.25% | -0.65% | 1.64B |
| Q2 FY2016 | 30 Jun 2016 | -23.20M | -252.63% | -1.47% | 1.58B |
| Q1 FY2016 | 31 Mar 2016 | -2.70M | -184.38% | -0.19% | 1.44B |
| Q4 FY2015 | 31 Dec 2015 | 26.90M | +5.08% | 1.63% | 1.65B |
| Q3 FY2015 | 30 Sept 2015 | 12.70M | -58.63% | 0.78% | 1.63B |
| Q2 FY2015 | 30 Jun 2015 | 15.20M | -42.42% | 0.89% | 1.70B |
| Q1 FY2015 | 31 Mar 2015 | 3.20M | -83.67% | 0.19% | 1.68B |
| Q4 FY2014 | 31 Dec 2014 | 25.60M | +25.49% | 1.26% | 2.03B |
| Q3 FY2014 | 30 Sept 2014 | 30.70M | +88.34% | 1.34% | 2.29B |
| Q2 FY2014 | 30 Jun 2014 | 26.40M | +76.00% | 1.28% | 2.06B |
| Q1 FY2014 | 31 Mar 2014 | 19.60M | +46.27% | 0.83% | 2.35B |
| Q4 FY2013 | 31 Dec 2013 | 20.40M | +82.14% | 0.94% | 2.16B |
| Q3 FY2013 | 30 Sept 2013 | 16.30M | +87.36% | 1.05% | 1.56B |
| Q2 FY2013 | 30 Jun 2013 | 15.00M | +74.42% | 1.04% | 1.44B |
| Q1 FY2013 | 31 Mar 2013 | 13.40M | +39.58% | 0.96% | 1.40B |
| Q4 FY2012 | 31 Dec 2012 | 11.20M | +31.76% | 0.73% | 1.53B |
| Q3 FY2012 | 30 Sept 2012 | 8.70M | +77.55% | 0.62% | 1.39B |
| Q2 FY2012 | 30 Jun 2012 | 8.60M | -18.10% | 0.65% | 1.32B |
| Q1 FY2012 | 31 Mar 2012 | 9.60M | +41.18% | 0.58% | 1.65B |
| Q4 FY2011 | 31 Dec 2011 | 8.50M | — | 0.44% | 1.93B |
| Q3 FY2011 | 30 Sept 2011 | 4.90M | — | 0.29% | 1.71B |
| Q2 FY2011 | 30 Jun 2011 | 10.50M | — | 0.61% | 1.73B |
| Q1 FY2011 | 31 Mar 2011 | 6.80M | -68.95% | 0.42% | 1.62B |
| Q4 FY2010 | 31 Dec 2010 | -7.80M | -147.85% | -0.51% | 1.53B |
| Q3 FY2010 | 30 Sept 2010 | -17.50M | — | -1.43% | 1.22B |
| Q2 FY2010 | 30 Jun 2010 | -11.60M | — | -0.94% | 1.24B |
| Q1 FY2010 | 31 Mar 2010 | 21.90M | — | 1.48% | 1.48B |
| Q4 FY2009 | 31 Dec 2009 | 16.30M | — | 1.17% | 1.39B |
| Q3 FY2009 | 30 Sept 2009 | -500.00K | — | -0.04% | 1.13B |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Targa Resources's profit
Source: Financial Modeling Prep
