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Total Revenue at other companies

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Segments

By product

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Natural Gas Liquids Reserves$3.76B+32.7%
Natural Gas Reserves-$312.6M-168%
Oil And Condensate$203.5M+82.8%
Storage Terminaling And Export$162.2M+29.0%
NGL Transportation Fractionation And Services$120.6M+53.8%
Midstream Services Other$11.4M-28.7%

By segment

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Logistics And Transportation$3.5B+2.2%
Gathering And Processing$1.31B-24.9%
Corporate Non Segment And Inter Segment Elimination-$469.3M+60.5%
All Other Segments$103.1M-63.2%

Other financials

Income statement

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Gross profit$2.1B+17.2%
Operating income$1.2B+19.4%
Net income$764.6M+21.5%
EPS (diluted)$3.54+23.3%

Balance sheet

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Cash & equivalents$132.3M+17.0%
Total debt$19.8B+6,407%
Total equity$3.7B+41.3%
Total assets$28.5B+21.3%

Cash flow

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Operating cash flow$1.4B+67.9%
CapEx$1.0B+11.5%
Free cash flow$431.2M

Valuation

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Market cap$63.05B+77.4%
Enterprise value$82.73B+132%
P/E27.8×+6.1×
P/S3.8×+1.7×

Profitability

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Gross margin43.2%+7.5pp
Operating margin22.9%+5.3pp
Net margin13.5%+4.0pp
FCF margin4.8%-3.1pp

Returns & leverage

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Return on equity72.6%+7.8pp
Debt / equity5.4×+5.3×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Targa Resources in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Targa Resources’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:56 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337729
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenues:
Sales of commodities$3,592.9$3,636.3$6,937.5$7,520.7
Fees from midstream services847.2623.81,597.31,300.9
Total revenues4,440.14,260.18,534.88,821.6
Costs and expenses:
Product purchases and fuel2,302.02,436.04,696.55,693.8
Operating expenses354.1323.6687.8627.2
Depreciation and amortization expense453.1373.7879.1741.3

Item 1. Financial Statements.

FAQ

What is Targa Resources's total revenue?
Targa Resources (TRGP) reported total revenue of $4.44B in Q2 2026.
How has Targa Resources's total revenue changed year-over-year?
Targa Resources's total revenue increased by 4.2% year-over-year, from $4.26B to $4.44B.
What is the long-term trend for Targa Resources's total revenue?
Over 4 years (2021 to 2025), Targa Resources's total revenue has grown at a 0.1% compound annual growth rate (CAGR), from $16.95B to $17.03B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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