Targa Resources (TRGP) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased compared to the immediately preceding quarter. The reported figure was essentially flat versus the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased compared to the immediately preceding quarter. The reported figure was essentially flat versus the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.6B
Revenue reported for this quarter.
Quarter-over-quarter
+3.5%
Change from the immediately preceding quarter.
Year-over-year
-0.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $3.6B | +31.0% |
| Sep 30, 2024 | $3.9B | -1.1% |
| Dec 31, 2024 | $4.4B | +3.9% |
| Mar 31, 2025 | $4.6B | -0.0% |
Revenue performance
The quarter's revenue rose from the prior quarter, continuing the upward trajectory seen in recent periods. The year-over-year comparison showed no material change.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. Relative to the same quarter one year ago, revenue was essentially unchanged.
What to watch
The flat year-over-year revenue warrants monitoring for any shift in underlying demand or pricing trends.