Net Income
Net Income
Targa Resources Net Income remained flat by 0.0% to $479.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 77.3%, from $270.50M to $479.60M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.
Detailed definition
The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...
Peer comparison
This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.
Metric ID:
net_incomeHistorical Data
38 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | Q4 '24 | Q4 '24 | Q1 '25 | Q1 '25 | Q2 '25 | Q2 '25 | Q3 '25 | Q3 '25 | Q4 '25 | Q4 '25 | Q1 '26 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $56.20M | $56.20M | $182.20M | $182.20M | $88.00M | $88.00M | $596.40M | $596.40M | $193.10M | $193.10M | $318.00M | $318.00M | $497.00M | $497.00M | $329.30M | $329.30M | $220.00M | $220.00M | $299.60M | $299.60M | $275.20M | $275.20M | $298.50M | $298.50M | $387.40M | $387.40M | $350.90M | $350.90M | $270.50M | $270.50M | $629.10M | $629.10M | $478.40M | $478.40M | $545.00M | $545.00M | $479.60M | $479.60M |
| QoQ Change | — | +0.0% | +224.2% | +0.0% | -51.7% | +0.0% | +577.7% | +0.0% | -67.6% | +0.0% | +64.7% | +0.0% | +56.3% | +0.0% | -33.7% | +0.0% | -33.2% | +0.0% | +36.2% | +0.0% | -8.1% | +0.0% | +8.5% | +0.0% | +29.8% | +0.0% | -9.4% | +0.0% | -22.9% | +0.0% | +132.6% | +0.0% | -24.0% | +0.0% | +13.9% | +0.0% | -12.0% | +0.0% |
| YoY Change | — | — | — | — | — | — | +961.2% | +961.2% | +6.0% | +6.0% | — | — | +464.8% | +464.8% | -44.8% | -44.8% | +13.9% | +13.9% | -5.8% | -5.8% | -44.6% | -44.6% | -9.4% | -9.4% | +76.1% | +76.1% | +17.1% | +17.1% | -1.7% | -1.7% | +110.8% | +110.8% | +23.5% | +23.5% | +55.3% | +55.3% | +77.3% | +77.3% |
Range$56.20M – $629.10M
CAGR+26.1%
Avg YoY Growth+113.3%
Median YoY Growth+17.1%
Net Income at Other Companies
Frequently Asked Questions
- What is Targa Resources's net income?
- Targa Resources (TRGP) reported net income of $479.60M in Q1 2026.
- How has Targa Resources's net income changed year-over-year?
- Targa Resources's net income increased by 77.3% year-over-year, from $270.50M to $479.60M.
- What does net income mean?
- The final profit of the company after every single expense and tax has been paid.