Targa Resources Corp. revenue by year
Over the 10 fiscal years shown, revenue went from $5.59B (year ended Dec 31, 2016) to $17.03B (year ended Dec 31, 2025), a compound annual growth rate of 13.2%. The fastest growth was +105.2% in the year ended Dec 31, 2021; the weakest year was −23.3% (year ended Dec 31, 2023).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $17.03B | +3.9% | Revenues | 10-K filed Feb 19, 2026 |
| Dec 31, 2024 | $16.38B | +2.0% | Revenues | 10-K filed Feb 19, 2026 |
| Dec 31, 2023 | $16.06B | −23.3% | Revenues | 10-K filed Feb 19, 2026 |
| Dec 31, 2022 | $20.93B | +23.5% | Revenues | 10-K filed Feb 20, 2025 |
| Dec 31, 2021 | $16.95B | +105.2% | Revenues | 10-K filed Feb 15, 2024 |
| Dec 31, 2020 | $8.26B | −4.7% | Revenues | 10-K filed Feb 22, 2023 |
| Dec 31, 2019 | $8.67B | −17.3% | Revenues | 10-K filed Feb 24, 2022 |
| Dec 31, 2018 | $10.48B | +18.9% | Revenues | 10-K filed Feb 18, 2021 |
| Dec 31, 2017 | $8.81B | +57.8% | Revenues | 10-K filed Feb 20, 2020 |
| Dec 31, 2016 | $5.59B | — | Revenues | 10-K filed Mar 1, 2019 |
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Jun 30, 2026 | $4.44B | +4.2% | 10-Q filed Aug 6, 2026 |
| 3 months ended Mar 31, 2026 | $4.09B | −10.2% | 10-Q filed May 7, 2026 |
| 3 months ended Sep 30, 2025 | $4.15B | +7.8% | 10-Q filed Nov 5, 2025 |
| 3 months ended Jun 30, 2025 | $4.26B | +19.6% | 10-Q filed Aug 6, 2026 |
| 3 months ended Mar 31, 2025 | $4.56B | −0.0% | 10-Q filed May 7, 2026 |
| 3 months ended Sep 30, 2024 | $3.85B | −1.1% | 10-Q filed Nov 5, 2025 |
| 3 months ended Jun 30, 2024 | $3.56B | +4.7% | 10-Q filed Aug 7, 2025 |
| 3 months ended Mar 31, 2024 | $4.56B | +0.9% | 10-Q filed May 1, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 1389170 (raw data). Most recent filing in this dataset: 10-Q filed Aug 6, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.