Income Statement - Targa Resources Corp. (TRGP)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 17,136.20 | 16,626.90 | 15,619.20 | 21,684.50 | 17,440.40 | 8,272.50 | 8,671.10 | 10,554.90 | 8,864.60 | 6,645.00 | 6,578.00 | 8,626.20 | 6,535.00 | 5,839.10 | 6,994.50 | 5,460.80 | 4,536.00 | 7,998.90 |
| Cost of revenue | 12,593.30 | 13,301.60 | 13,083.90 | 18,890.90 | 15,347.10 | 6,750.00 | 7,179.60 | 9,776.10 | 8,338.50 | 6,234.30 | 6,054.70 | 7,831.00 | 6,026.70 | 5,389.70 | 6,507.10 | 4,873.20 | 4,196.40 | 7,654.60 |
| Gross profit | 4,542.90 | 3,325.30 | 2,535.30 | 2,793.60 | 2,093.30 | 1,522.50 | 1,491.50 | 778.80 | 526.10 | 410.70 | 523.30 | 795.20 | 508.30 | 449.40 | 487.40 | 587.60 | 339.60 | 344.30 |
| Total operating expenses | 1,096.10 | 381.40 | 348.60 | 309.70 | 273.30 | 257.20 | 1,298.60 | 260.50 | 204.90 | 187.70 | 162.80 | 149.70 | 152.20 | 140.50 | 136.10 | 399.90 | 120.40 | 96.40 |
| Operating income | 3,446.80 | 2,943.90 | 2,186.70 | 2,483.90 | 1,820.00 | 1,265.30 | 192.90 | 518.30 | 321.20 | 223.00 | 360.50 | 645.50 | 356.10 | 308.90 | 351.30 | 187.70 | 219.20 | 247.90 |
| Non-operating income (net) | -960.40 | -1,005.90 | -244.20 | -820.70 | -1,383.10 | -2,838.40 | -239.60 | -452.40 | -614.10 | -482.70 | -472.30 | -154.50 | -106.60 | -112.70 | -109.30 | -101.90 | -119.40 | -94.20 |
| Income before tax | 2,486.40 | 1,938.00 | 1,942.50 | 1,663.20 | 436.90 | -1,573.10 | -46.70 | 65.90 | -292.90 | -259.70 | -111.80 | 491.00 | 249.50 | 196.20 | 242.00 | 85.80 | 99.80 | 153.70 |
| Income tax expense | 529.70 | 384.50 | 363.20 | 131.80 | 14.80 | -248.10 | -87.90 | 5.50 | -397.10 | -100.60 | 39.60 | 68.00 | 48.20 | 36.90 | 26.60 | 22.50 | 20.70 | 19.30 |
| Net income | 1,844.40 | 1,269.50 | 828.20 | 1,142.30 | 71.20 | -1,553.90 | -209.20 | 1.60 | 54.00 | -187.30 | 58.30 | 102.30 | 65.10 | 38.10 | 30.70 | -15.00 | 29.30 | 37.30 |
Show Quarterly Income Statement
Income Statement - Targa Resources Corp. (TRGP)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Dec-08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,094.70 | 4,055.50 | 4,201.70 | 4,026.20 | 4,852.80 | 4,405.30 | 3,885.90 | 3,618.60 | 4,562.40 | 4,231.80 | 3,881.40 | 3,208.70 | 4,297.30 | 4,554.80 | 5,360.10 | 6,232.50 | 4,959.10 | 5,441.60 | 4,543.40 | 3,526.10 | 3,767.40 | 2,922.30 | 2,005.90 | 1,455.20 | 1,889.00 | 2,472.70 | 1,964.30 | 1,953.10 | 2,287.60 | 2,596.30 | 3,011.40 | 2,454.40 | 2,493.10 | 2,747.40 | 2,135.40 | 1,862.30 | 2,119.50 | 2,012.60 | 1,644.50 | 1,583.60 | 1,442.40 | 1,647.40 | 1,632.10 | 1,699.40 | 1,679.70 | 2,032.90 | 2,288.30 | 2,061.90 | 2,352.90 | 2,159.80 | 1,556.80 | 1,441.60 | 1,397.80 | 1,527.30 | 1,393.50 | 1,319.10 | 1,645.80 | 1,934.00 | 1,713.60 | 1,727.70 | 1,618.10 | 1,527.20 | 1,220.00 | 1,240.10 | 1,483.60 | 1,391.00 | 1,125.60 | 2,014.40 | 7,966.00 |
| Cost of revenue | 2,820.50 | 2,307.60 | 3,223.40 | 3,133.30 | 3,929.00 | 3,301.10 | 3,021.40 | 2,836.70 | 3,558.50 | 3,509.40 | 3,299.00 | 2,673.60 | 3,602.00 | 3,654.10 | 4,593.50 | 5,533.00 | 4,413.20 | 4,789.40 | 4,026.90 | 3,105.70 | 3,223.60 | 2,190.80 | 1,688.80 | 1,248.50 | 1,622.00 | 2,147.60 | 1,772.60 | 1,809.00 | 2,153.60 | 2,400.60 | 2,784.70 | 2,278.40 | 2,312.30 | 2,535.10 | 2,026.90 | 1,779.20 | 1,997.20 | 1,877.80 | 1,549.70 | 1,331.30 | 1,204.50 | 1,424.10 | 1,338.20 | 1,400.90 | 1,387.90 | 1,732.60 | 1,968.10 | 1,763.80 | 2,052.90 | 1,878.00 | 1,328.80 | 1,242.10 | 1,201.50 | 1,320.50 | 1,153.00 | 1,074.60 | 1,384.20 | 1,674.50 | 1,485.50 | 1,477.20 | 1,400.60 | 1,300.10 | 1,033.70 | 1,057.90 | 1,297.70 | 1,166.20 | 936.30 | 1,858.40 | 7,588.20 |
| Gross profit | 1,274.20 | 1,747.90 | 978.30 | 892.90 | 923.80 | 1,104.20 | 864.50 | 781.90 | 1,003.90 | 722.40 | 582.40 | 535.10 | 695.30 | 900.70 | 766.60 | 699.50 | 545.90 | 652.20 | 516.50 | 420.40 | 543.80 | 731.50 | 317.10 | 206.70 | 267.00 | 325.10 | 191.70 | 144.10 | 134.00 | 195.70 | 226.70 | 176.00 | 180.80 | 212.30 | 108.50 | 83.10 | 122.30 | 134.80 | 94.80 | 252.30 | 237.90 | 223.30 | 293.90 | 298.50 | 291.80 | 300.30 | 320.20 | 298.10 | 300.00 | 281.80 | 228.00 | 199.50 | 196.30 | 206.80 | 240.50 | 244.50 | 261.60 | 259.50 | 228.10 | 250.50 | 217.50 | 227.10 | 186.30 | 182.20 | 185.90 | 224.80 | 189.30 | 0.00 | 377.80 |
| Total operating expenses | 427.30 | 830.50 | 93.60 | 84.30 | 87.70 | 403.70 | 100.50 | 98.40 | 364.50 | 95.30 | 90.00 | 81.00 | 82.40 | 349.30 | 336.60 | 70.40 | 250.10 | 743.80 | 65.80 | 63.30 | 61.50 | 74.30 | 59.30 | 61.90 | 61.00 | 53.50 | 69.90 | 72.80 | 84.50 | 82.20 | 63.90 | 57.30 | 57.10 | 54.20 | 50.20 | 51.20 | 48.80 | 49.40 | 51.00 | 186.00 | 178.40 | 140.10 | 178.60 | 186.10 | 154.50 | 137.20 | 151.50 | 147.80 | 141.60 | 136.80 | 139.50 | 138.60 | 122.40 | 120.40 | 181.50 | 161.30 | 153.90 | 151.20 | 157.30 | 152.00 | 144.00 | 177.50 | 143.00 | 133.80 | 131.10 | 131.70 | 139.30 | 0.00 | 0.00 |
| Operating income | 846.90 | 917.40 | 884.70 | 808.60 | 836.10 | 700.50 | 764.00 | 683.50 | 639.40 | 627.10 | 492.40 | 454.10 | 612.90 | 551.40 | 430.00 | 629.10 | 295.80 | -91.60 | 450.70 | 357.10 | 482.30 | 657.20 | 257.80 | 144.80 | 206.00 | 271.60 | 121.80 | 71.30 | 49.50 | 113.50 | 162.80 | 118.70 | 123.70 | 158.10 | 58.30 | 31.90 | 73.50 | 85.40 | 43.80 | 66.30 | 35.50 | -206.90 | 115.30 | 112.40 | 137.30 | 163.10 | 168.70 | 150.30 | 158.40 | 145.00 | 88.50 | 60.90 | 73.90 | 86.40 | 59.00 | 83.20 | 107.70 | 108.30 | 70.80 | 98.50 | 73.50 | 49.60 | 43.30 | 48.40 | 54.80 | 93.10 | 50.00 | 70.90 | 215.00 |
| Non-operating income (net) | -235.60 | -225.20 | -263.80 | 12.70 | -484.10 | -176.10 | -218.90 | -230.30 | -224.10 | -167.00 | -159.50 | 29.80 | 52.60 | -145.70 | -138.70 | 145.60 | -104.30 | -166.30 | -160.70 | -195.10 | -239.40 | -472.70 | -53.70 | 9.10 | -2,321.60 | -364.60 | -93.50 | -25.70 | -77.10 | -233.90 | -177.90 | 35.20 | -75.90 | -123.70 | -310.80 | -67.30 | -112.90 | -322.80 | -55.70 | -79.20 | -33.10 | -39.60 | -70.50 | -73.80 | -87.50 | -56.20 | -32.80 | -31.60 | -29.00 | -31.50 | -26.10 | -30.40 | -30.70 | -46.60 | -34.00 | -31.10 | -28.40 | -25.40 | -26.90 | -29.90 | -26.90 | -21.30 | -39.00 | -34.10 | -15.90 | -29.10 | -40.10 | -45.00 | -61.30 |
| Income before tax | 611.30 | 692.20 | 620.90 | 821.30 | 352.00 | 524.40 | 545.10 | 453.20 | 415.30 | 460.10 | 332.90 | 483.90 | 665.50 | 405.70 | 291.30 | 774.70 | 191.50 | -257.90 | 290.00 | 162.00 | 242.90 | 184.50 | 204.10 | 153.90 | -2,115.60 | -93.00 | 28.30 | 45.60 | -27.60 | -120.40 | -15.10 | 153.90 | 47.80 | 34.40 | -252.50 | -35.40 | -39.40 | -237.40 | -11.90 | -12.90 | 2.40 | -246.50 | 44.80 | 38.60 | 49.80 | 106.90 | 135.90 | 118.70 | 129.40 | 113.50 | 62.40 | 30.50 | 43.20 | 39.80 | 25.00 | 52.10 | 79.30 | 82.90 | 43.90 | 68.60 | 46.60 | 28.30 | 4.30 | 14.30 | 38.90 | 64.00 | 9.90 | 25.90 | 153.70 |
| Income tax expense | 123.90 | 139.10 | 134.30 | 184.10 | 72.20 | 110.40 | 97.00 | 94.30 | 82.70 | 102.50 | 53.90 | 96.40 | 110.30 | 9.80 | 12.00 | 87.10 | 22.90 | -8.70 | 2.00 | 6.60 | 15.00 | 38.50 | 31.90 | -23.20 | -295.30 | -77.90 | -3.80 | -3.30 | -2.90 | -32.20 | -3.90 | 32.80 | 8.90 | -264.80 | -97.40 | -106.00 | 71.10 | -96.80 | -8.70 | 1.70 | 3.10 | -14.50 | 24.00 | 14.80 | 15.20 | 14.40 | 15.50 | 15.50 | 22.50 | 17.90 | 13.00 | 8.00 | 9.40 | 12.20 | 6.00 | 8.60 | 10.10 | 8.10 | 7.40 | 5.30 | 5.80 | 4.00 | 8.60 | 6.90 | 3.00 | 15.60 | -0.60 | 5.70 | 19.30 |
| Net income | 479.60 | 545.00 | 475.50 | 625.10 | 198.80 | 351.00 | 384.50 | 296.20 | 275.20 | 277.70 | 217.80 | 325.70 | 6.30 | 318.00 | 193.10 | 596.40 | 88.00 | -313.60 | 182.20 | 56.20 | 146.40 | 33.60 | 69.30 | 81.00 | -1,737.80 | -112.80 | -47.30 | -10.20 | -38.90 | -106.40 | -23.70 | 109.10 | 22.90 | 283.10 | -167.60 | 57.60 | -119.30 | -150.80 | -10.70 | -23.20 | -2.70 | 26.90 | 12.70 | 15.20 | 3.20 | 25.60 | 30.70 | 26.40 | 19.60 | 20.40 | 16.30 | 15.00 | 13.40 | 11.20 | 8.70 | 8.60 | 9.60 | 8.50 | 4.90 | 10.50 | 6.80 | -7.80 | -17.50 | -11.60 | 21.90 | 16.30 | -0.50 | 13.50 | 37.30 |