Targa Resources Corp.
TRGPNYSEEnergy● Active
$265.54
+$1.45(+0.55%)
Market Cap$57.0B
P/E Ratio—
52W High$280
52W Low$144.14
Targa Resources Corp. (TRGP) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
TRGP · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 7, 2026EPS Actual
$2.21
Est. $2.48 · -10.9%
Revenue
$4.09B
Est. $4.68B · -12.4%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 7, 2026
After Market Close
▼ Miss EPS▼ Miss Revenue
TRGP reports quarterly as a NYSE-listed Oil & Gas Midstream company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
—
Rev. $0.58B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.—
Rev. Est.$0.58B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 6, 2026 | $2.74 | — | — | — | $4.80B | — |
| ▼ Q2 FY2026 | May 7, 2026 | $2.48 | $2.21 | -10.9% | $4.09B | $4.68B | -12.4% |
| ▲ Q1 FY2026 | Feb 19, 2026 | $2.30 | $2.51 | +9.1% | $4.06B | $4.73B | -14.3% |
| ▲ Q4 FY2025 | Nov 5, 2025 | $2.11 | $2.20 | +4.3% | $4.20B | $4.56B | -7.9% |
| ▲ Q3 FY2025 | Aug 7, 2025 | $1.86 | $2.87 | +54.3% | $4.03B | $4.89B | -17.6% |
| ▼ Q2 FY2025 | May 1, 2025 | $1.98 | $0.91 | -54.0% | $4.56B | $4.90B | -6.9% |
| ▼ Q1 FY2025 | Feb 20, 2025 | $1.92 | $1.44 | -25.0% | $4.41B | $4.48B | -1.6% |
| ▲ Q4 FY2024 | Nov 5, 2024 | $1.56 | $1.75 | +12.2% | $3.85B | $4.06B | -5.1% |
Q3 FY2026
Aug 6, 2026
EPS Actual
—
EPS Est.
$2.74
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 7, 2026Miss
EPS Actual
$2.21
EPS Est.
$2.48
EPS Surpr.
-10.9%
Revenue
$4.09B
Q1 FY2026
Feb 19, 2026Beat
EPS Actual
$2.51
EPS Est.
$2.30
EPS Surpr.
+9.1%
Revenue
$4.06B
Q4 FY2025
Nov 5, 2025Beat
EPS Actual
$2.20
EPS Est.
$2.11
EPS Surpr.
+4.3%
Revenue
$4.20B
Q3 FY2025
Aug 7, 2025Beat
EPS Actual
$2.87
EPS Est.
$1.86
EPS Surpr.
+54.3%
Revenue
$4.03B
Q2 FY2025
May 1, 2025Miss
EPS Actual
$0.91
EPS Est.
$1.98
EPS Surpr.
-54.0%
Revenue
$4.56B
Q1 FY2025
Feb 20, 2025Miss
EPS Actual
$1.44
EPS Est.
$1.92
EPS Surpr.
-25.0%
Revenue
$4.41B
Q4 FY2024
Nov 5, 2024Beat
EPS Actual
$1.75
EPS Est.
$1.56
EPS Surpr.
+12.2%
Revenue
$3.85B
Analyst Estimates
Limited analyst coverage (fewer than 3 analysts). Estimates may not reflect market consensus.
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2030 | $3.70 | $4.41 | $5.29 | 2 |
| Q3 FY2030 | $3.69 | $4.40 | $5.29 | 2 |
| Q2 FY2030 | $3.58 | $4.26 | $5.12 | 2 |
| Q1 FY2030 | $3.45 | $4.11 | $4.94 | 2 |
| Q4 FY2029 | $3.31 | $3.95 | $4.74 | 4 |
| Q3 FY2029 | $3.31 | $3.94 | $4.74 | 3 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2030 | $3.8B | $4.4B | $5.1B | 3 |
| Q3 FY2030 | $3.8B | $4.4B | $5.1B | 2 |
| Q2 FY2030 | $3.8B | $4.4B | $5.0B | 2 |
| Q1 FY2030 | $3.8B | $4.3B | $5.0B | 3 |
| Q4 FY2029 | $3.8B | $4.3B | $5.0B | 3 |
| Q3 FY2029 | $3.8B | $4.3B | $5.0B | 2 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▼ Q2 FY2026 | May 7, 2026 | -10.9% | $249.50 | $252.44 | +1.18% |
| ▲ Q1 FY2026 | Feb 19, 2026 | +9.1% | $227.62 | $224.16 | -1.52% |
| ▲ Q4 FY2025 | Nov 5, 2025 | +4.3% | $154.57 | $162.69 | +5.25% |
| ▲ Q3 FY2025 | Aug 7, 2025 | +54.3% | $163.05 | $166.89 | +2.36% |
| ▼ Q2 FY2025 | May 1, 2025 | -54.0% | $170.90 | $162.34 | -5.01% |
| ▼ Q1 FY2025 | Feb 20, 2025 | -25.0% | $210.29 | $204.70 | -2.66% |
| ▲ Q4 FY2024 | Nov 5, 2024 | +12.2% | $169.20 | $177.40 | +4.85% |
| ▲ Q3 FY2024 | Aug 1, 2024 | +4.7% | $135.28 | $136.10 | +0.61% |
Q2 FY2026+1.18%
Report Date
May 7, 2026
EPS Beat/Miss
-10.9%
Price Before
$249.50
Price After
$252.44
Q1 FY2026-1.52%
Report Date
Feb 19, 2026
EPS Beat/Miss
+9.1%
Price Before
$227.62
Price After
$224.16
Q4 FY2025+5.25%
Report Date
Nov 5, 2025
EPS Beat/Miss
+4.3%
Price Before
$154.57
Price After
$162.69
Q3 FY2025+2.36%
Report Date
Aug 7, 2025
EPS Beat/Miss
+54.3%
Price Before
$163.05
Price After
$166.89
Q2 FY2025-5.01%
Report Date
May 1, 2025
EPS Beat/Miss
-54.0%
Price Before
$170.90
Price After
$162.34
Q1 FY2025-2.66%
Report Date
Feb 20, 2025
EPS Beat/Miss
-25.0%
Price Before
$210.29
Price After
$204.70
Q4 FY2024+4.85%
Report Date
Nov 5, 2024
EPS Beat/Miss
+12.2%
Price Before
$169.20
Price After
$177.40
Q3 FY2024+0.61%
Report Date
Aug 1, 2024
EPS Beat/Miss
+4.7%
Price Before
$135.28
Price After
$136.10
Avg Beat Reaction+2.31%
Avg Miss Reaction-2.16%
Beat Rate5 / 8 quarters
Largest Move+5.25% (Q4 FY2025)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: TRGP ends December
Targa Resources Corp. (TRGP) most recently reported earnings on May 7, 2026 for Q2 FY2026, posting EPS of $2.21 — missing the analyst consensus of $2.48 by -10.9%. The next TRGP earnings date is expected around September 1, 2026.
Each quarter, investors track TRGP earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. TRGP revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
TRGP's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
TRGP earnings · 5 questionsTarga Resources Corp.'s next earnings report is expected around September 1, 2026. TRGP typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; TRGP historically reports after market close (AMC).
TRGP earnings datewhen is TRGP earningsTRGP next earnings datewhen does TRGP report earningsTRGP earnings calendar
▸ Source: FMP · Targa Resources Corp. SEC filings · US GAAP · Targa Resources Corp. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026