Revenue $4.44B, up 4.2% on a year earlier. Diluted EPS $3.54 against $2.87.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $4.44B | $4.09B | $4.26B | +4.2% |
| Operating income | $1.23B | $846.90M | $1.03B | +19.4% |
| Net income | $764.60M | $479.60M | $629.10M | +21.5% |
| Diluted EPS | $3.54 | $2.21 | $2.87 | |
| Operating cash flow | $1.44B | $739.50M | $858.30M | +67.9% |
| Capital expenditures | -$1.01B | -$899.50M | -$906.10M | |
| Free cash flow | $431.20M | -$160.00M | -$47.80M | |
| Dividend per share | $1.25 | $1.00 | $1.00 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Condensate Sales Volume | 22 | 20.1 | +9.5% |
| NGL Sales Volume | 681 | 606.4 | +12.3% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Targa Resources (TRGP) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/TRGP/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
