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Targa Resources Corp. Net Income 2009-2026 | TRGP

Annual FY2009–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$1.85B

+44.8%YoY vs FY2024Source: 10-KFY2025

From $29.3M in FY2009 to $1.85B in FY2025: 63.2× in 16 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$480M+139.8%Not reportedNot reportedNot reported
FY25$200M−27.3%$629M+110.8%$478M+23.5%$545M+71.4%
FY24$275M+4268.3%$299M−9.4%$387M+76.1%$318M+13.5%
FY23$6M−92.8%$329M−44.8%$220M+13.9%$280M−11.9%
FY22$88M−39.9%$596M+961.2%$193M+6.0%$318M+201.4%
Share10%37%25%29%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

N/A

FY2020
−$1.55B
FY2025
$1.85B

5 years selected · on the chart

Net Income History

Year-over-year comparison from 10-K annual reports

  1. $1.85B
YoY changeLargest recent move+1579.1%in FY22Latest +44.8%

6 older moves run past ±150% (largest −13175.0%); point at, tap or drag across the bars to read one.

Net Income, period by period

PeriodValueChangeSource
FY2025$1.85B+44.8%10-K
FY2024$1.28B+53.0%10-K
FY2023$835.8M−30.1%10-K
FY2022$1.20B+1579.1%10-K
FY2021$71.2M+104.6%10-K
FY2020−$1.55B−642.8%10-K
FY2019−$209.2M−13175.0%10-K
FY2018$1.6M−97.0%10-K
FY2017$54.0M+128.8%10-K
FY2016−$187.3M−421.3%10-K
FY2015$58.3M−43.0%10-K
FY2014$102.3M+57.1%10-K
FY2013$65.1M+70.9%10-K
FY2012$38.1M+24.1%10-K
FY2011$30.7M+304.7%10-K
FY2010−$15.0M−151.2%10-K
FY2009$29.3M—10-K

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is Targa Resources Corp.'s current net income?

Targa Resources Corp. (TRGP) annual net income for 2025 was $1.85B, a 44.83% increase from 2024. Targa Resources Corp. net income for the quarter ending March 31, 2026 was $479.6M.

What was Targa Resources Corp.'s net income in 2024?

Targa Resources Corp. annual net income for 2024 was $1.28B, a 53.04% increase from 2023.

What was Targa Resources Corp.'s net income in 2023?

Targa Resources Corp. annual net income for 2023 was $835.8M, a 30.09% decline from 2022.

Company
Targa Resources Corp.
Ticker
TRGP
Sector
Energy
Industry
Natural Gas Transmission