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Q4 FY2026 · Earnings report
EPS estimate 2.91Revenue estimate 5.19B
Q4 FY2026 · Earnings report
EPS estimate 2.91Revenue estimate 5.19B
Targa Resources revenue 2008–2026What is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement.
Targa Resources's revenue in Q3 FY2026, the three months to 30 September 2026, was 5.60B USD, up 33.2% on the same quarter a year before. Targa Resources's revenue over the last twelve months was 18.19B USD, up 4.0% on the twelve months before. In fiscal year 2025 it was 17.14B USD, up 3.1% on the year before.
Last updated 8 Nov 2026 · Next report 18 Feb 2027
Revenue
Growth
| Fiscal year | Period ending | Revenue | Growth | Gross profit | Net income |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 18.19B | +4.02% | 7.18B | 2.45B |
| FY2025 | 31 Dec 2025 | 17.14B | +3.06% | 4.54B | 1.84B |
| FY2024 | 31 Dec 2024 | 16.63B | +6.45% | 3.33B | 1.27B |
| FY2023 | 31 Dec 2023 | 15.62B | -27.97% | 2.54B | 828.20M |
| FY2022 | 31 Dec 2022 | 21.68B | +24.33% | 2.79B | 1.14B |
| FY2021 | 31 Dec 2021 | 17.44B | +110.82% | 2.09B | 71.20M |
| FY2020 | 31 Dec 2020 | 8.27B | -4.60% | 1.52B | -1.55B |
| FY2019 | 31 Dec 2019 | 8.67B | -17.85% | 1.49B | -209.20M |
| FY2018 | 31 Dec 2018 | 10.55B | +19.07% | 778.80M | 1.60M |
| FY2017 | 31 Dec 2017 | 8.86B | +33.40% | 526.10M | 54.00M |
| FY2016 | 31 Dec 2016 | 6.65B | +1.02% | 410.70M | -187.30M |
| FY2015 | 31 Dec 2015 | 6.58B | -23.74% | 523.30M | 58.30M |
| FY2014 | 31 Dec 2014 | 8.63B | +32.00% | 795.20M | 102.30M |
| FY2013 | 31 Dec 2013 | 6.54B | +11.92% | 508.30M | 65.10M |
| FY2012 | 31 Dec 2012 | 5.84B | -16.52% | 449.40M | 38.10M |
| FY2011 | 31 Dec 2011 | 6.99B | +28.09% | 487.40M | 30.70M |
| FY2010 | 31 Dec 2010 | 5.46B | +20.39% | 587.60M | -15.00M |
| FY2009 | 31 Dec 2009 | 4.54B | -43.29% | 339.60M | 29.30M |
| FY2008 | 31 Dec 2008 | 8.00B | — | 344.30M | 37.30M |
| Quarter | Period ending | Revenue | Growth on a year before | Gross profit | Net income |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 5.60B | +33.25% | 2.02B | 658.20M |
| Q2 FY2026 | 30 Jun 2026 | 4.44B | +10.28% | 2.14B | 764.60M |
| Q1 FY2026 | 31 Mar 2026 | 4.09B | -15.62% | 1.27B | 479.60M |
| Q4 FY2025 | 31 Dec 2025 | 4.06B | -7.94% | 1.75B | 545.00M |
| Q3 FY2025 | 30 Sept 2025 | 4.20B | +8.13% | 978.30M | 475.50M |
| Q2 FY2025 | 30 Jun 2025 | 4.03B | +11.26% | 892.90M | 625.10M |
| Q1 FY2025 | 31 Mar 2025 | 4.85B | +6.37% | 923.80M | 198.80M |
| Q4 FY2024 | 31 Dec 2024 | 4.41B | +4.10% | 1.10B | 351.00M |
| Q3 FY2024 | 30 Sept 2024 | 3.89B | +0.12% | 864.50M | 384.50M |
| Q2 FY2024 | 30 Jun 2024 | 3.62B | +12.77% | 781.90M | 296.20M |
| Q1 FY2024 | 31 Mar 2024 | 4.56B | +6.17% | 1.00B | 275.20M |
| Q4 FY2023 | 31 Dec 2023 | 4.23B | -7.09% | 722.40M | 277.70M |
| Q3 FY2023 | 30 Sept 2023 | 3.88B | -27.59% | 582.40M | 217.80M |
| Q2 FY2023 | 30 Jun 2023 | 3.21B | -48.52% | 535.10M | 325.70M |
| Q1 FY2023 | 31 Mar 2023 | 4.30B | -13.35% | 695.30M | 6.30M |
| Q4 FY2022 | 31 Dec 2022 | 4.55B | -16.30% | 900.70M | 318.00M |
| Q3 FY2022 | 30 Sept 2022 | 5.36B | +17.98% | 766.60M | 193.10M |
| Q2 FY2022 | 30 Jun 2022 | 6.23B | +76.75% | 699.50M | 596.40M |
| Q1 FY2022 | 31 Mar 2022 | 4.96B | +31.63% | 545.90M | 88.00M |
| Q4 FY2021 | 31 Dec 2021 | 5.44B | +86.21% | 652.20M | -313.60M |
| Q3 FY2021 | 30 Sept 2021 | 4.54B | +126.50% | 516.50M | 182.20M |
| Q2 FY2021 | 30 Jun 2021 | 3.53B | +142.31% | 420.40M | 56.20M |
| Q1 FY2021 | 31 Mar 2021 | 3.77B | +99.44% | 543.80M | 146.40M |
| Q4 FY2020 | 31 Dec 2020 | 2.92B | +18.18% | 731.50M | 33.60M |
| Q3 FY2020 | 30 Sept 2020 | 2.01B | +2.12% | 317.10M | 69.30M |
| Q2 FY2020 | 30 Jun 2020 | 1.46B | -25.49% | 206.70M | 81.00M |
| Q1 FY2020 | 31 Mar 2020 | 1.89B | -17.42% | 267.00M | -1.74B |
| Q4 FY2019 | 31 Dec 2019 | 2.47B | -4.76% | 325.10M | -112.80M |
| Q3 FY2019 | 30 Sept 2019 | 1.96B | -34.77% | 191.70M | -47.30M |
| Q2 FY2019 | 30 Jun 2019 | 1.95B | -20.42% | 144.10M | -10.20M |
| Q1 FY2019 | 31 Mar 2019 | 2.29B | -8.24% | 134.00M | -38.90M |
| Q4 FY2018 | 31 Dec 2018 | 2.60B | -5.50% | 195.70M | -106.40M |
| Q3 FY2018 | 30 Sept 2018 | 3.01B | +41.02% | 226.70M | -23.70M |
| Q2 FY2018 | 30 Jun 2018 | 2.45B | +31.79% | 176.00M | 109.10M |
| Q1 FY2018 | 31 Mar 2018 | 2.49B | +17.63% | 180.80M | 22.90M |
| Q4 FY2017 | 31 Dec 2017 | 2.75B | +36.51% | 212.30M | 283.10M |
| Q3 FY2017 | 30 Sept 2017 | 2.14B | +29.85% | 108.50M | -167.60M |
| Q2 FY2017 | 30 Jun 2017 | 1.86B | +17.60% | 83.10M | 57.60M |
| Q1 FY2017 | 31 Mar 2017 | 2.12B | +46.94% | 122.30M | -119.30M |
| Q4 FY2016 | 31 Dec 2016 | 2.01B | +22.17% | 134.80M | -150.80M |
| Q3 FY2016 | 30 Sept 2016 | 1.64B | +0.76% | 94.80M | -10.70M |
| Q2 FY2016 | 30 Jun 2016 | 1.58B | -6.81% | 252.30M | -23.20M |
| Q1 FY2016 | 31 Mar 2016 | 1.44B | -14.13% | 237.90M | -2.70M |
| Q4 FY2015 | 31 Dec 2015 | 1.65B | -18.96% | 223.30M | 26.90M |
| Q3 FY2015 | 30 Sept 2015 | 1.63B | -28.68% | 293.90M | 12.70M |
| Q2 FY2015 | 30 Jun 2015 | 1.70B | -17.58% | 298.50M | 15.20M |
| Q1 FY2015 | 31 Mar 2015 | 1.68B | -28.61% | 291.80M | 3.20M |
| Q4 FY2014 | 31 Dec 2014 | 2.03B | -5.88% | 300.30M | 25.60M |
| Q3 FY2014 | 30 Sept 2014 | 2.29B | +46.99% | 320.20M | 30.70M |
| Q2 FY2014 | 30 Jun 2014 | 2.06B | +43.03% | 298.10M | 26.40M |
| Q1 FY2014 | 31 Mar 2014 | 2.35B | +68.33% | 300.00M | 19.60M |
| Q4 FY2013 | 31 Dec 2013 | 2.16B | +41.41% | 281.80M | 20.40M |
| Q3 FY2013 | 30 Sept 2013 | 1.56B | +11.72% | 228.00M | 16.30M |
| Q2 FY2013 | 30 Jun 2013 | 1.44B | +9.29% | 199.50M | 15.00M |
| Q1 FY2013 | 31 Mar 2013 | 1.40B | -15.07% | 196.30M | 13.40M |
| Q4 FY2012 | 31 Dec 2012 | 1.53B | -21.03% | 206.80M | 11.20M |
| Q3 FY2012 | 30 Sept 2012 | 1.39B | -18.68% | 240.50M | 8.70M |
| Q2 FY2012 | 30 Jun 2012 | 1.32B | -23.65% | 244.50M | 8.60M |
| Q1 FY2012 | 31 Mar 2012 | 1.65B | +1.71% | 261.60M | 9.60M |
| Q4 FY2011 | 31 Dec 2011 | 1.93B | +26.64% | 259.50M | 8.50M |
| Q3 FY2011 | 30 Sept 2011 | 1.71B | +40.46% | 228.10M | 4.90M |
| Q2 FY2011 | 30 Jun 2011 | 1.73B | +39.32% | 250.50M | 10.50M |
| Q1 FY2011 | 31 Mar 2011 | 1.62B | +9.07% | 217.50M | 6.80M |
| Q4 FY2010 | 31 Dec 2010 | 1.53B | +9.79% | 227.10M | -7.80M |
| Q3 FY2010 | 30 Sept 2010 | 1.22B | +8.39% | 186.30M | -17.50M |
| Q2 FY2010 | 30 Jun 2010 | 1.24B | — | 182.20M | -11.60M |
| Q1 FY2010 | 31 Mar 2010 | 1.48B | — | 185.90M | 21.90M |
| Q4 FY2009 | 31 Dec 2009 | 1.39B | — | 224.80M | 16.30M |
| Q3 FY2009 | 30 Sept 2009 | 1.13B | — | 189.30M | -500.00K |
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.
Targa Resources revenue growth by segment
Q3 FY2026 against Q3 FY2025
Logistics And Transportation4.72B
+33.6%
Gathering And Processing2.70B
+44.0%
Targa Resources revenue by segment over time
Sales of Commodities Fees from Midstream Services Gathering And Processing Logistics And Transportation
See also:Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Targa Resources's revenue
Source: Financial Modeling Prep