Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Calendar quarter Q2 2026Earnings call Aug 6, 2026 · most recent call
TRGP’s newest analyzed quarter is part of Tellvest Pro: its score, breakdown, narrative and analyst Q&A. Every prior quarter is free.
Sources. Scores: Targa Resources’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: TRGP daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
All prior quarters are free. How to browse earnings-call scores without Pro. How to read a company earnings-call score.
The breakdown for this quarter is part of Tellvest Pro.
Full Pro access for 30 days when you create a free account. No credit card required.
On August 20, 2026, the board of Targa Resources appointed Brent B. Secrest, age 53, to serve as the company's President - Logistics and Transportation, effective September 1, 2026. Mr. Secrest most recently served as Executive Vice President and Chief Commercial Officer at Enterprise Products Holdings LLC.
The table scrolls sideways. Swipe it, or select it and use the arrow keys.
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $4.41B | +4.1% | $1.45 | +16.2% | 25.1% | 15.9% | 8.0% | $601M |
| FY2025 Q1 | $4.85B | +6.4% | $0.91 | -25.4% | 19.0% | 17.2% | 4.1% | $162M |
| FY2025 Q2 | $4.03B | +11.3% | $2.88 | +115.8% | 22.2% | 20.1% | 15.5% | $-48M |
| FY2025 Q3 | $4.20B | +8.1% | $2.20 | +25.7% | 23.3% | 21.1% | 11.3% | $-73M |
| FY2025 Q4 | $4.06B | -7.9% | $2.53 | +74.5% | 43.1% | 22.6% | 13.4% | $542M |
| FY2026 Q1 | $4.09B | -15.6% | $2.21 | +142.9% | 31.1% | 20.7% | 11.7% | $-160M |
| FY2026 Q2Selected | $4.44B | +10.3% | $3.56 | +23.6% | 48.2% | 27.8% | 17.2% | $271M |
Management-stated figures from TRGP’s newest call are part of Tellvest Pro.