Plains All American Pipeline (PAA) Cost of Revenue (2009 - 2026)

Plains All American Pipeline's Cost of Revenue history runs 18 years deep, the most recent figure standing at $11.5 billion for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 9.28% year-over-year to $11.5 billion in Q1 2026; TTM through Mar 2026 was $41.4 billion, a 7.93% decrease from a year earlier, with the FY2025 full-year figure at $40.4 billion, down 10.47% from the prior year.
• Cost of Revenue grew to $11.5 billion in Q1 2026 per PAA's latest filing, from $9.6 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $15.3 billion in Q2 2022 and bottomed at $9.6 billion in Q4 2025.
• The 5-year median for Cost of Revenue is $11.1 billion (2023), against an average of $11.4 billion.
• Across the five-year window, Cost of Revenue jumped 72.96% in 2022 and sank 31.19% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $12.0 billion in 2022, then fell by 8.59% to $11.0 billion in 2023, then increased by 1.01% to $11.1 billion in 2024, then fell by 13.59% to $9.6 billion in 2025, then rose by 20.08% to $11.5 billion in 2026.
• Per Business Quant, the three latest PAA Cost of Revenue figures stand at $11.5 billion (Q1 2026), $9.6 billion (Q4 2025), and $10.6 billion (Q3 2025).