Q3 FY2026 · ended Sep 30, 2026 · Revenue $5.60B, +34.9% YoY · Filed Nov 5, 2026
Targa Resources Corp. (TRGP) files with the SEC under industry code 4922, Natural Gas Transmission. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $5.6 billion and net income of $658.2 million. Free cash flow was $120.3 million. As of Sep 30, 2026 it held $142.6 million in cash and investments and $20.6 billion in total debt.
Revenue
$5.60B
+34.9% vs year-ago quarter
Net income
$658.20M
+37.6% vs year-ago quarter
Operating cash flow
$1.37B
+127.8% vs year-ago quarter
Free cash flow
$120.30M
+265.7% vs year-ago quarter
EPS
$3.04
+38.2% vs year-ago quarter
Dividend per share
$1.25
+25.0% vs year-ago quarter
Shares outstanding
214.55M
-0.0% vs year-ago quarter
Net cash
$-20.50B
Q3 FY2026
Operating margin
22.5%
TTM
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
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | 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 |
|---|---|---|---|---|---|
| Revenue | $5.6B | $4.4B | $4.1B | $4.1B | $4.2B |
| Operating income | $1.1B | $1.2B | $846.9M | $917.4M | $836.9M |
| Net income | $658.2M | $764.6M | $479.6M | $545.0M | $478.4M |
| Diluted EPS | $3.04 | $3.54 | $2.21 | $2.53 | $2.20 |
| Operating cash flow | $1.4B | $1.4B | $739.5M | $1.5B | $599.2M |
| Free cash flow | $120.3M | $431.2M | -$160.0M | $542.3M | -$72.6M |
| Total assets | $29.6B | $28.5B | $27.1B | $25.2B | $24.2B |
| Stockholders' equity | $3.8B | $3.7B | $3.1B | $3.1B | $2.7B |
| Cash and investments | $142.6M | $132.3M | $100.1M | $166.1M | $124.1M |
| Total debt | $20.6B | $20.4B | $19.5B | $17.9B | $17.8B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Nov 5, 2026 | Nov 5, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 25, 2026 | Aug 19, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 17, 2026 | Jul 16, 2026 |
All 1005 Targa Resources Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.