TRGP Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), TRGP reported revenue of $4.4B, gross profit of $2.1B (48.2% gross margin), operating income of $1.2B, and net income of $765M (17.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
TRGP was profitable; revenue grew 7.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +7.0% | +59.8% | +5.7 pp |
Consensus estimate data is not available for this report.
TRGP Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $4.4B | 100% |
| Cost of Revenue | −$2.3B | 51.8% |
| Gross Profit | $2.1B | 48.2% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$108M | 2.4% |
| Other Operating Expenses | −$796M | 17.9% |
| Operating Income | $1.2B | 27.8% |
| Interest Expense | −$237M | 5.3% |
| Other Income, net | $7M | 0.2% |
| Income Tax Expense | −$227M | 5.1% |
| Net Income | $765M | 17.2% |
Source: TRGP filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.