Plains All American Pipeline (PAA) Net Income (2009 - 2026)
Plains All American Pipeline (PAA) posted quarterly Net Income of -$103.0 million for Q1 2026, down 175.74% year-over-year from $136.0 million in Q1 2025, and down 200.98% quarter-over-quarter from $102.0 million in Q4 2025.
Plains All American Pipeline (PAA) Net Income (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Net Income history runs 18 years deep, the most recent figure standing at -$103.0 million for Q1 2026.
- In Q1 2026, Net Income fell 175.74% year-over-year to -$103.0 million; the TTM figure through Mar 2026 stood at $145.0 million (down 59.27% YoY), while the FY2025 annual figure was $383.0 million, up 65.8% from the prior year.
- Net Income for Q1 2026 stood at -$103.0 million, down from $102.0 million in the prior quarter.
- The five-year high for Net Income was $539.0 million in Q3 2022, with the low at -$103.0 million in Q1 2026.
- The 5-year median for Net Income is $136.0 million (2025), against an average of $183.0 million.
- The sharpest annual moves came in 2025 and 2026: Net Income jumped 1260.0% in 2025, then sank 175.74% in 2026.
- Plains All American Pipeline's Net Income stood at $298.0 million in 2022, then decreased by 26.17% to $220.0 million in 2023, then sank by 66.36% to $74.0 million in 2024, then surged by 37.84% to $102.0 million in 2025, then sank by 200.98% to -$103.0 million in 2026.
- Business Quant data shows PAA's Net Income at -$103.0 million in Q1 2026, $102.0 million in Q4 2025, and $76.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 832.09 Mn |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 967.00 Mn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 1.09 Bn |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 777.70 Mn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Plains All American Pipeline | 16.83 Bn | 15.77 Bn | 1.14 Bn | 1.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.65 Bn |
| Mar 31, 2026 | -103.00 Mn |
| Dec 31, 2025 | 102.00 Mn |
| Sep 30, 2025 | 76.00 Mn |
| Jun 30, 2025 | 70.00 Mn |
| Mar 31, 2025 | 136.00 Mn |
| Dec 31, 2024 | 74.00 Mn |
| Sep 30, 2024 | 114.00 Mn |
| Jun 30, 2024 | 32.00 Mn |
| Mar 31, 2024 | 10.00 Mn |
| Dec 31, 2023 | 220.00 Mn |
| Sep 30, 2023 | 243.00 Mn |
| Jun 30, 2023 | 349.00 Mn |
| Mar 31, 2023 | 475.00 Mn |
| Dec 31, 2022 | 298.00 Mn |
| Sep 30, 2022 | 539.00 Mn |
| Jun 30, 2022 | 251.00 Mn |
| Mar 31, 2022 | 225.00 Mn |
| Dec 31, 2021 | 519.00 Mn |
| Sep 30, 2021 | -93.00 Mn |