TRGP Q3 2025 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q3 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.2B+8.1% YoY

Gross Profit

$978M23.3% margin

Operating Income

$885M21.1% margin

Net Income

$476M11.3% margin

EPS (Diluted)

$2.20

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$599M

Free Cash Flow

-$73M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$24.2B

Total Liabilities

$21.3B

Stockholders' Equity

$2.7B

Cash & Equivalents

$124M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$3.9B	+8.1%
Gross Profit	$978M	$865M	+13.2%
Operating Income	$885M	$764M	+15.8%
Net Income	$476M	$385M	+23.7%

Revenue Segments

Logistics And Transportation

$3.5B65%

Gathering And Processing

$1.9B35%

Geographic Segments

Logistics And Transportation

$3.5B65%

Gathering And Processing

$1.9B35%