Targa Resources · Multi-Quarter Financial Trends

16 quarters · As reported by the company · Amounts in USD billions← TRGP

Quarter	Period End	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Net Margin	Free Cash Flow ($B)	EPS	Buybacks ($B)	Dividends ($B)
FY2026 Q2	2026-06-30	4.44	+4.2%	48.2%	1.23	0.76	17.2%	0.43	3.54	—	—
FY2026 Q1	2026-03-31	4.09	−10.2%	41.5%	0.85	0.48	11.7%	-0.16	2.21	—	—
FY2025 Q4	2025-12-31	4.06	−7.9%	43.1%	0.92	0.55	13.4%	0.54	2.51	—	—
FY2025 Q3	2025-09-30	4.15	+7.8%	39.6%	0.84	0.48	11.5%	-0.07	2.20	—	—
FY2025 Q2	2025-06-30	4.26	+19.6%	42.8%	1.03	0.63	14.8%	-0.05	2.87	—	—
FY2025 Q1	2025-03-31	4.56	−0.0%	28.6%	0.54	0.27	5.9%	0.16	0.91	—	—
FY2024 Q4	2024-12-31	4.41	−21.9%	33.7%	0.70	0.35	8.0%	0.60	1.44	—	—
FY2024 Q3	2024-09-30	3.85	−1.1%	38.6%	0.73	0.39	10.1%	-0.29	1.75	—	—
FY2024 Q2	2024-06-30	3.56	+31.0%	38.3%	0.63	0.30	8.4%	0.16	1.33	—	—
FY2024 Q1	2024-03-31	4.56	+20.0%	29.5%	0.64	0.28	6.0%	0.21	1.22	—	—
FY2023 Q4	2023-12-31	5.64	+38.0%	48.6%	0.64	0.30	5.3%	0.24	1.22	—	—
FY2023 Q3	2023-09-30	3.90	−22.7%	31.0%	0.51	0.22	5.6%	-0.18	0.97	—	—
FY2023 Q2	2023-06-30	2.72	—	23.9%	0.65	0.33	12.1%	0.08	1.44	—	—
FY2023 Q1	2023-03-31	3.80	—	20.6%	0.84	0.50	13.1%	0.69	0.03	—	—
FY2022 Q4	2022-12-31	4.09	—	18.7%	0.55	0.32	7.8%	0.02	-0.21	—	—
FY2022 Q3	2022-09-30	5.04	—	14.6%	0.43	0.19	3.8%	0.06	0.84	—	—

Quarterly figures come from the company's 10-Q and 10-K filings. The fourth quarter is derived as the full year minus the first three quarters; cash flow items are converted from fiscal year-to-date totals into single quarters.