Targa Resources Corp. reported third-quarter 2026 net income attributable to the company of $658 million and adjusted EBITDA of $1.5 billion, representing an 18% increase year-over-year. The company raised its full-year 2026 adjusted EBITDA outlook to at least $6.0 billion and announced plans to recommend a 20% increase to its annualized common dividend for 2027.
Third-quarter 2026 net income attributable to Targa Resources Corp. was $658 million compared to $478 million in the third quarter of 2025.
Adjusted EBITDA for the third quarter reached $1.5 billion, up 18% year-over-year.
Full-year 2026 adjusted EBITDA is now expected to be at least $6.0 billion, with net growth capital expenditures estimated at approximately $5.0 billion.
Management intends to recommend an annualized common dividend of $6.00 per share for 2027, representing a 20% increase over 2026.
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From Targa Resources's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$17.03B
+20.5%
$8.49
+47.9%
11.3%
FY2024
$14.14B
+4.6%
$5.74
+56.8%
9.3%
FY2023
$13.52B
-31.8%
$3.66
-5.7%
10.0%
FY2022
$19.82B
+23.2%
$3.88
—
6.0%
FY2021
$16.09B
+134.1%
$-0.07
—
0.4%
Frequently asked questions
When is Targa Resources's next earnings date?
Targa Resources has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Targa Resources earn last quarter?
For the quarter ended Sep 2026, Targa Resources reported diluted EPS of $3.04 (+38.2% year over year) on revenue of $5.60B (+34.9%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.