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Targa Resources Corp. Revenue 2016-2026 | TRGP

Annual FY2016–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$17.03B

+3.9%YoY vs FY2024Source: 10-KFY2025

From $6.69B in FY2016 to $17.03B in FY2025: 2.5× in 9 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$4.1B−10.2%Not reportedNot reportedNot reported
FY25$4.6B0.0%$4.3B+19.6%$4.2B+7.8%$4.1B−7.9%
FY24$4.6B+0.9%$3.6B+4.7%$3.9B−1.1%$4.4B+3.9%
FY23$4.5B−8.8%$3.4B−43.8%$3.9B−27.3%$4.2B−6.9%
FY22$5.0B+36.5%$6.1B+77.3%$5.4B+20.2%$4.6B−16.3%
Share26%23%25%27%

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 DirectionStable
CAGR

+15.6%

FY2020
$8.26B
FY2025
$17.03B

5 years selected · on the chart

01—History

Revenue History

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

  10. $17.03B
YoY changeLargest recent move+105.2%in FY21Latest +3.9%

02—Ledger

Revenue, period by period

PeriodValueChangeSource
FY2025$17.03B+3.9%10-K
FY2024$16.38B+2.0%10-K
FY2023$16.06B−23.3%10-K
FY2022$20.93B+23.5%10-K
FY2021$16.95B+105.2%10-K
FY2020$8.26B−4.7%10-K
FY2019$8.67B−17.3%10-K
FY2018$10.48B+18.9%10-K
FY2017$8.81B+31.7%10-K
FY2016$6.69B—10-K

03—Questions

What is revenue?

Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.

What is Targa Resources Corp.'s current revenue?

Targa Resources Corp. (TRGP) annual revenue for 2025 was $17.03B, a 3.95% increase from 2024. Targa Resources Corp. revenue for the quarter ending March 31, 2026 was $4.09B.

What was Targa Resources Corp.'s revenue in 2024?

Targa Resources Corp. annual revenue for 2024 was $16.38B, a 2.00% increase from 2023.

What was Targa Resources Corp.'s revenue in 2023?

Targa Resources Corp. annual revenue for 2023 was $16.06B, a 23.27% decline from 2022.

What is Targa Resources Corp.'s 5-year revenue CAGR?

Targa Resources Corp. revenue grew at a compound annual growth rate (CAGR) of 15.57% from FY2020 to FY2025, going from $8.26B to $17.03B over 5 years.

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