Non-Current Assets

Intangible assets — net

Targa Resources Intangible assets — net increased by 33.3% to $2.20B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $1.90B to $2.20B. Over 5 years (FY 2020 to FY 2025), Intangible assets — net shows an upward trend with a 3.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

A declining balance indicates ongoing amortization, whereas a sudden drop may signal asset impairment.

Detailed definition

This represents the book value of intangible assets with finite useful lives after subtracting accumulated amortization...

Peer comparison

Standard reporting item for utilities and large corporations with significant software or franchise investments.

Metric ID: non_current_assets_finite_lived_intangible_assets_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.32B$1.28B$1.09B$1.07B$1.04B$2.84B$2.73B$2.64B$2.54B$2.45B$2.35B$2.26B$2.16B$2.07B$1.98B$1.90B$1.81B$1.73B$1.65B$2.20B
QoQ Change-2.5%-14.7%-2.6%-2.6%+173.4%-3.7%-3.5%-3.6%-3.8%-3.9%-4.0%-4.1%-4.3%-4.5%-4.1%-4.3%-4.5%-4.7%+33.3%
YoY Change-21.1%+121.1%+149.8%+147.3%+144.8%-13.8%-14.0%-14.5%-14.9%-15.4%-15.9%-16.0%-16.2%-16.3%-16.5%+16.1%
Range$1.04B$2.84B
CAGR+11.4%
Avg YoY Growth+25.3%
Median YoY Growth-14.7%

Intangible assets — net at Other Companies

Frequently Asked Questions

What is Targa Resources's intangible assets — net?
Targa Resources (TRGP) reported intangible assets — net of $2.20B in Q1 2026.
How has Targa Resources's intangible assets — net changed year-over-year?
Targa Resources's intangible assets — net increased by 16.1% year-over-year, from $1.90B to $2.20B.
What is the long-term trend for Targa Resources's intangible assets — net?
Over 5 years (2020 to 2025), Targa Resources's intangible assets — net has grown at a 3.6% compound annual growth rate (CAGR), from $1.38B to $1.65B.
What does intangible assets — net mean?
The current book value of intangible assets with a limited useful life after accounting for wear and tear.