Cost of revenue · 2016–2025

Targa Resources cost of revenue

$10.5B−1.8% · FY2025

Targa Resources (TRGP) reported $10.5B in cost of revenue for fiscal 2025, −1.8% year on year.

$4.9B2016$6.9B2017$8.2B2018$6.2B2019$5.2B2020$13.7B2021$16.9B2022$10.7B2023$10.7B2024$10.5B2025
Targa Resources — Cost of revenue, 2016–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$10.5B−1.8%Open →
FY20242024-12-31$10.7B+0.2%Open →
FY20232023-12-31$10.7B−36.8%Open →
FY20222022-12-31$16.9B+23.0%Open →
FY20212021-12-31$13.7B+164.7%Open →
FY20202020-12-31$5.2B−16.5%Open →
FY20192019-12-31$6.2B−24.6%Open →
FY20182018-12-31$8.2B+19.3%Open →
FY20172017-12-31$6.9B+40.3%Open →
FY20162016-12-31$4.9B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +8.8%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Targa Resources cost of revenue |url=https://companiesranked.com/en/company/targa-resources/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Targa Resources cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/targa-resources/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-targa-resources-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Targa Resources cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/targa-resources/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001193125-26-059296 · February 19, 2026

{{cite web |title=Targa Resources cost of revenue — 10-K (0001193125-26-059296) |url=https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-19}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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