TRGP Q2 2025 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q2 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.0B+11.3% YoY

Gross Profit

$893M22.2% margin

Operating Income

$809M20.1% margin

Net Income

$625M15.5% margin

EPS (Diluted)

$2.88

QoQ Revenue Growth

-17.0%

Cash Flow

Operating Cash Flow

$858M

Free Cash Flow

-$48M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$23.5B

Total Liabilities

$20.8B

Stockholders' Equity

$2.6B

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$3.6B	+11.3%
Gross Profit	$893M	$782M	+14.2%
Operating Income	$809M	$684M	+18.3%
Net Income	$625M	$296M	+111.0%

Revenue Segments

Logistics And Transportation

$3.4B66%

Gathering And Processing

$1.7B34%

Geographic Segments

Logistics And Transportation

$3.4B66%

Gathering And Processing

$1.7B34%