Plains All American Pipeline (PAA) Net Income (2009 - 2026)
Plains All American Pipeline (PAA) recorded quarterly Net Income of -$103.0 million in Q1 2026, down 200.98% quarter-over-quarter from $102.0 million in Q4 2025, and down 175.74% on a YoY basis from $136.0 million in Q1 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 was -$103.0 million for Q1 2026 at Plains All American Pipeline, down from $102.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $539.0 million in Q3 2022 to a low of -$103.0 million in Q1 2026.
- Historically, Net Income has averaged $195.0 million across 5 years, with a median of $136.0 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Net Income surged 1260.0% in 2025, then slumped 175.74% in 2026.
- A 5-year view of Net Income shows it stood at $415.0 million in 2022, then slumped by 44.82% to $229.0 million in 2023, then sank by 67.69% to $74.0 million in 2024, then soared by 37.84% to $102.0 million in 2025, then slumped by 200.98% to -$103.0 million in 2026.
- The last three Net Income figures came in at -$103.0 million (Q1 2026), $102.0 million (Q4 2025), and $76.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 15.06 Mn |
| 10 | Plains All American Pipeline | 15.89 Bn | 15.72 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 | 229.00 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 372.00 Mn |
| Mar 31, 2023 | 475.00 Mn |
| Dec 31, 2022 | 415.00 Mn |
| Sep 30, 2022 | 539.00 Mn |
| Jun 30, 2022 | 268.00 Mn |
| Mar 31, 2022 | 227.00 Mn |
| Dec 31, 2021 | 523.00 Mn |
| Sep 30, 2021 | -93.00 Mn |
| Jun 30, 2021 | -216.00 Mn |