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Filing Flows › Targa Resources (TRGP) › Free cash flow

Targa Resources (TRGP) free cash flow by quarter

Targa Resources' free cash flow was $120M in Q3 2026 (third quarter 2026), -72% from Q2 2026. Over the last 4 quarters it ranged from $120M (Q3 2026) to $542M (Q4 2025).

Targa Resources free cash flow by quarterTarga Resources free cash flow by quarter$162MQ1 2025$542MQ4 2025$431MQ2 2026$120MQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$120M-72%—
Q2 2026$431M-20%—
Q4 2025$542M+234%—
Q1 2025$162M——

Q3 2026 at a glance

Targa Resources, Q3 2026: revenue $5.6B (+35% year over year), operating margin 19.6%, net earnings $658M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.

Questions

What is Targa Resources' free cash flow?

Targa Resources' free cash flow was $120M in Q3 2026 (third quarter 2026), -72% from Q2 2026.

How has Targa Resources' free cash flow changed?

Over the last 4 quarters it ranged from $120M (Q3 2026) to $542M (Q4 2025).

Q3 2026 results → · How Targa Resources makes money →