Plains All American Pipeline (PAAPU) Cost of Revenue (2009 - 2026)

Plains All American Pipeline's Cost of Revenue history runs 18 years deep, the most recent figure standing at $11.5 billion for Q1 2026.

• In Q1 2026, Cost of Revenue rose 9.28% year-over-year to $11.5 billion; the TTM figure through Mar 2026 stood at $41.4 billion (down 7.93% YoY), while the FY2025 annual figure was $40.4 billion, down 10.47% from the prior year.
• Cost of Revenue was $11.5 billion for Q1 2026 at Plains All American Pipeline, up from $9.6 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $15.3 billion in Q2 2022 to a low of $9.6 billion in Q4 2025.
• Historically, Cost of Revenue has averaged $11.4 billion across 5 years, with a median of $11.1 billion in 2023.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 72.96% in 2022, then sank 31.19% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $12.0 billion in 2022, then fell by 8.59% to $11.0 billion in 2023, then increased by 1.01% to $11.1 billion in 2024, then fell by 13.59% to $9.6 billion in 2025, then rose by 20.08% to $11.5 billion in 2026.
• The last three Cost of Revenue figures came in at $11.5 billion (Q1 2026), $9.6 billion (Q4 2025), and $10.6 billion (Q3 2025), per Business Quant data.