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

Plains All American Pipeline's Operating Income history runs 18 years deep, the most recent figure standing at $405.0 million for Q1 2026.

• On a quarterly basis, Operating Income rose 13.76% year-over-year to $405.0 million in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 70.85% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 65.21% from the prior year.
• Operating Income grew to $405.0 million in Q1 2026 per PAA's latest filing, from $355.0 million in the prior quarter.
• Across five years, Operating Income topped out at $626.0 million in Q3 2022 and bottomed at -$38.0 million in Q4 2022.
• The 5-year median for Operating Income is $355.0 million (2025), against an average of $309.2 million.
• Across the five-year window, Operating Income tumbled 109.25% in 2024 and soared 2318.75% in 2025, its largest moves.
• Year by year, Operating Income stood at -$38.0 million in 2022, then surged by 555.26% to $173.0 million in 2023, then tumbled by 109.25% to -$16.0 million in 2024, then surged by 2318.75% to $355.0 million in 2025, then rose by 14.08% to $405.0 million in 2026.
• Per Business Quant, the three latest PAA Operating Income figures stand at $405.0 million (Q1 2026), $355.0 million (Q4 2025), and $484.0 million (Q3 2025).