Targa Resources (TRGP) Q1 2026 Earnings
Targa Resources reported Q1 2026 revenue of $4.1B (-10.2% YoY), missed analyst consensus of $4.7B by $581.6M. Diluted EPS came in at $2.21 (+142.9% YoY), missed the $2.48 consensus by $0.27. Targa Resources reports across 2 business segments, led by Gathering and Processing and Logistics and Transportation.
Financial Snapshot
Trailing eight quarters through Q1 2026
Q1 2026 Earnings FAQ
Common questions about Targa Resources's Q1 2026 earnings report.
Targa Resources (TRGP) reported Q1 2026 earnings on May 7, 2026 before market open.
Targa Resources reported revenue of $4.1B and diluted EPS of $2.21 for Q1 2026.
Revenue missed the consensus estimate of $4.7B by $581.6M. EPS missed the consensus estimate of $2.48 by $0.27.
Compared to the same quarter a year prior, revenue declined 10.2% from $4.6B a year earlier and diluted EPS grew 142.9% from $0.91.
You can read the 8-K earnings release (0001193125-26-210165) and the 10-Q periodic report (0001193125-26-211698) directly on SEC EDGAR. The filing index links above go to sec.gov.