Plains All American Pipeline (PAA) Net Income (2009 - 2026)
Plains All American Pipeline's (PAA) quarterly Net Income came in at -$103.0 million in Q1 2026, down 175.74% year-on-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.
- On a quarterly basis, Net Income fell 175.74% year-over-year to -$103.0 million in Q1 2026; TTM through Mar 2026 was $145.0 million, a 59.27% decrease from a year earlier, with the FY2025 full-year figure at $383.0 million, up 65.8% from the prior year.
- Net Income fell to -$103.0 million in Q1 2026 per PAA's latest filing, from $102.0 million in the prior quarter.
- Across five years, Net Income topped out at $539.0 million in Q3 2022 and bottomed 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.
- Across the five-year window, Net Income jumped 1260.0% in 2025 and slumped 175.74% in 2026, its largest moves.
- Year by year, Net Income stood at $298.0 million in 2022, then slipped by 26.17% to $220.0 million in 2023, then plunged by 66.36% to $74.0 million in 2024, then soared by 37.84% to $102.0 million in 2025, then plunged by 200.98% to -$103.0 million in 2026.
- Per Business Quant, the three latest PAA Net Income figures stand at -$103.0 million (Q1 2026), $102.0 million (Q4 2025), and $76.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.78 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | Plains All American Pipeline | 17.42 Bn | 17.25 Bn | 977.00 Mn | -103.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -216.00 Mn |