Plains All American Pipeline (PAA) Operating Expenses (2009 - 2026)

Plains All American Pipeline has reported Operating Expenses for 18 years, with the latest figure at $17.3 billion in Q2 2026.

• On a quarterly basis, Operating Expenses rose 66.25% year-over-year to $17.3 billion in Q2 2026; TTM through Jun 2026 was $50.7 billion, a 10.54% increase from a year earlier, with the FY2025 full-year figure at $42.8 billion, down 10.81% from the prior year.
• Operating Expenses was $17.3 billion for Q2 2026 at Plains All American Pipeline, up from $12.1 billion in the prior quarter.
• The five-year high for Operating Expenses was $17.3 billion in Q2 2026, with the low at $10.2 billion in Q4 2025.
• Average Operating Expenses over 5 years is $12.4 billion, with a median of $12.0 billion recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 70.56% in 2022, then decreased 29.62% in 2023.
• Over 5 years, Operating Expenses stood at $13.0 billion in 2022, then retreated by 14.17% to $11.1 billion in 2023, then grew by 8.08% to $12.0 billion in 2024, then decreased by 15.27% to $10.2 billion in 2025, then surged by 69.39% to $17.3 billion in 2026.
• The last three Operating Expenses figures came in at $17.3 billion (Q2 2026), $12.1 billion (Q1 2026), and $10.2 billion (Q4 2025), per Business Quant data.