Targa Resources Corp. splits its revenue into 8 lines in its filings. The largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Natural Gas Liquids Reserves at $3.8 billion, 69% of the total.
USD in millions. The percent under a figure is the change from the same quarter a year earlier.
| Line |
TTM
Sep 30, 2026
|
Q3 FY2026
Sep 30, 2026
|
Q2 FY2026
Jun 30, 2026
|
Q1 FY2026
Mar 31, 2026
|
Q4 FY2025
Dec 31, 2025
|
Q3 FY2025
Sep 30, 2025
|
Q2 FY2025
Jun 30, 2025
|
Q1 FY2025
Mar 31, 2025
|
Q4 FY2024
Dec 31, 2024
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
18,189
|
5,599
|
4,440
|
4,095
|
4,056
|
4,151
|
4,260
|
4,562
|
4,405
|
| Natural Gas Liquids Reserves |
13,547
+8.7%
share 74.5%
|
3,844
+32.1%
share 68.7%
|
3,760
+32.7%
share 84.7%
|
2,983
-11.7%
share 72.8%
|
2,960
-11.6%
share 73.0%
|
2,910
share 70.1%
|
2,833
share 66.5%
|
3,377
share 74.0%
|
3,348
share 76.0%
|
| Natural Gas Reserves |
1,237
-40.0%
share 6.8%
|
683
+35.9%
share 12.2%
|
-313
-168.2%
share -7.0%
|
474
-30.5%
share 11.6%
|
393
-6.3%
share 9.7%
|
502
share 12.1%
|
458
share 10.8%
|
682
share 14.9%
|
419
share 9.5%
|
| Services |
—
|
—
|
—
|
—
|
—
|
—
|
681
share 16.0%
|
—
|
—
|
| Gathering And Processing Fees |
2,202
+25.6%
share 12.1%
|
634
+36.1%
share 11.3%
|
553
+37.0%
share 12.5%
|
560
+19.3%
share 13.7%
|
455
+9.6%
share 11.2%
|
466
share 11.2%
|
404
share 9.5%
|
469
share 10.3%
|
415
share 9.4%
|
| Oil And Condensate |
625
+37.6%
share 3.4%
|
178
+64.7%
share 3.2%
|
204
+82.8%
share 4.6%
|
132
+12.6%
share 3.2%
|
112
-5.2%
share 2.8%
|
108
share 2.6%
|
111
share 2.6%
|
117
share 2.6%
|
118
share 2.7%
|
| Storage Terminaling And Export |
528
+1.9%
share 2.9%
|
129
+5.8%
share 2.3%
|
162
+29.0%
share 3.7%
|
123
-9.1%
share 3.0%
|
131
-3.5%
share 3.2%
|
122
share 2.9%
|
126
share 3.0%
|
135
share 3.0%
|
136
share 3.1%
|
| NGL Transportation Fractionation And Services |
382
+24.5%
share 2.1%
|
111
+42.0%
share 2.0%
|
121
+53.8%
share 2.7%
|
68
-6.4%
share 1.7%
|
65
-15.9%
share 1.6%
|
78
share 1.9%
|
78
share 1.8%
|
73
share 1.6%
|
77
share 1.7%
|
| Midstream Services Other |
4
-90.7%
share 0.0%
|
1
-90.8%
share 0.0%
|
—
|
-1
-140.0%
share -0.0%
|
-8
-161.3%
share -0.2%
|
15
share 0.4%
|
16
share 0.4%
|
-0
share -0.0%
|
12
share 0.3%
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Natural Gas Transmission (SIC 4922)
- Listed as
- TRGP (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1389170
- Former names
- Targa Resources Corp. (until Nov 5, 2026); Targa Resources Investments Inc. (until Nov 12, 2010)
Other Natural Gas Transmission companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.