Product — Revenue
Targa Resources Product — Revenue increased by 11.0% to $3.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.1%, from $4.18B to $3.59B. Over 4 years (FY 2021 to FY 2025), Product — Revenue shows relatively stable performance with a -1.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher commodity prices or increased production volumes flowing through the company's assets, while a decrease may indicate lower market pricing or reduced throughput.
Detailed definition
This metric represents the total gross revenue generated from the sale of natural gas liquids, natural gas, and condensa...
Peer comparison
Comparable to commodity sales revenue reported by other midstream gathering and processing firms with direct commodity exposure.
trgp_segment_product_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.09B | $4.12B | $5.03B | $4.57B | $5.62B | $4.80B | $4.08B | $4.03B | $2.91B | $3.37B | $3.65B | $3.95B | $2.99B | $3.25B | $3.86B | $4.18B | $3.64B | $3.52B | $3.23B | $3.59B |
| QoQ Change | — | +33.2% | +22.0% | -9.1% | +23.2% | -14.6% | -15.1% | -1.2% | -27.6% | +15.8% | +8.1% | +8.4% | -24.3% | +8.7% | +18.8% | +8.1% | -12.9% | -3.2% | -8.2% | +11.0% |
| YoY Change | — | — | — | — | +81.9% | +16.6% | -18.9% | -11.9% | -48.2% | -29.7% | -10.5% | -1.8% | +2.6% | -3.7% | +5.8% | +5.6% | +21.6% | +8.3% | -16.3% | -14.1% |
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Frequently Asked Questions
- What is Targa Resources's product — revenue?
- Targa Resources (TRGP) reported product — revenue of $3.59B in Q1 2026.
- How has Targa Resources's product — revenue changed year-over-year?
- Targa Resources's product — revenue decreased by 14.1% year-over-year, from $4.18B to $3.59B.
- What is the long-term trend for Targa Resources's product — revenue?
- Over 4 years (2021 to 2025), Targa Resources's product — revenue has grown at a -1.7% compound annual growth rate (CAGR), from $15.60B to $14.56B.
- What does product — revenue mean?
- The total revenue earned from selling natural gas liquids and related energy products.