Plains All American Pipeline PAA
NASDAQ PAA
$25.70 +0.18 (+0.71%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Plains All American Pipeline (PAA) posted Cost of Revenue of $16.6 billion for Q2 2026, up 44.05% on a QoQ basis from $11.5 billion in Q1 2026, and up 69.67% year-over-year from $9.8 billion in Q2 2025.

Analysis

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

Plains All American Pipeline has reported Cost of Revenue for 18 years, with the latest figure at $16.6 billion in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 69.67% year-over-year to $16.6 billion in Q2 2026; TTM through Jun 2026 was $48.2 billion, a 12.39% increase from a year earlier, with the FY2025 full-year figure at $40.4 billion, down 10.47% from the prior year.
  • Cost of Revenue was $16.6 billion for Q2 2026 at Plains All American Pipeline, up from $11.5 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $16.6 billion in Q2 2026, with the low at $9.6 billion in Q4 2025.
  • Average Cost of Revenue over 5 years is $11.7 billion, with a median of $11.2 billion recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 72.96% in 2022, then plunged 31.19% in 2023.
  • Over 5 years, Cost of Revenue stood at $12.0 billion in 2022, then retreated by 8.59% to $11.0 billion in 2023, then rose by 1.01% to $11.1 billion in 2024, then retreated by 13.59% to $9.6 billion in 2025, then soared by 72.98% to $16.6 billion in 2026.
  • The last three Cost of Revenue figures came in at $16.6 billion (Q2 2026), $11.5 billion (Q1 2026), and $9.6 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.41 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 26.94 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 1.06 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 2.30 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 587.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 9.24 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 15.96 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.29 Bn
10 Plains All American Pipeline 18.13 Bn 17.07 Bn 1.14 Bn 16.56 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.56 Bn
Mar 31, 2026 11.49 Bn
Dec 31, 2025 9.57 Bn
Sep 30, 2025 10.59 Bn
Jun 30, 2025 9.76 Bn
Mar 31, 2025 10.52 Bn
Dec 31, 2024 11.08 Bn
Sep 30, 2024 11.54 Bn
Jun 30, 2024 11.84 Bn
Mar 31, 2024 10.92 Bn
Dec 31, 2023 10.97 Bn
Sep 30, 2023 11.11 Bn
Jun 30, 2023 10.54 Bn
Mar 31, 2023 11.32 Bn
Dec 31, 2022 12.00 Bn
Sep 30, 2022 13.07 Bn
Jun 30, 2022 15.32 Bn
Mar 31, 2022 12.79 Bn
Dec 31, 2021 11.76 Bn
Sep 30, 2021 10.07 Bn