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
DateValue
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