TR
TRGP
Quarter ended Mar 31, 2026 · FY2026 Q1

Targa Resources (TRGP) Revenue & Quarterly History

Explore Targa Resources Corp. (TRGP) revenue from 2023 through the latest reported quarter, with SEC-sourced comparisons and filing-constrained analysis.

Key takeaway

Quarter ended Mar 31, 2026 · FY2026 Q1

The reported revenue for the quarter increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. This performance reflects a mixed trend when measured against both prior periods.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$4.1B

Revenue reported for this quarter.

Quarter-over-quarter

+1.0%

Change from the immediately preceding quarter.

Year-over-year

-10.2%

Change from the comparable year-ago quarter.

Trailing four quarters

$16.6B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2025$4.3B+19.6%
Sep 30, 2025$4.2B+7.8%
Dec 31, 2025$4.1B-7.9%
Mar 31, 2026$4.1B-10.2%

Revenue performance

Revenue for the quarter showed a modest sequential improvement, rebounding from the prior quarter's level. However, the year-over-year comparison indicates a decline from the same period a year ago.

Quarterly comparison

The slight sequential increase follows a decrease in the prior quarter, while the year-over-year decline is consistent with the downward trend observed over the past four quarters.

What to watch

Monitor whether the sequential recovery can continue amid the persistent year-over-year decline.