Plains Gp Holdings (PAGP) Cost of Revenue (2014 - 2026)
Plains Gp Holdings' (PAGP) quarterly Cost of Revenue came in at $11.5 billion in Q1 2026, up 9.28% year-on-year from $10.5 billion in Q1 2025, and up 20.08% on a QoQ basis from $9.6 billion in Q4 2025.
Plains Gp Holdings (PAGP) Cost of Revenue (2014 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has 13 years of Cost of Revenue data on file, last reported at $11.5 billion in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 9.28% year-over-year to $11.5 billion in Q1 2026; TTM through Mar 2026 was $41.4 billion, a 7.93% decrease from a year earlier, with the FY2025 full-year figure at $40.4 billion, down 10.47% from the prior year.
- Cost of Revenue for Q1 2026 stood at $11.5 billion, up from $9.6 billion in the prior quarter.
- Over the last five years, Cost of Revenue for PAGP reached as high as $15.3 billion in Q2 2022 and fell as low as $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.
- Across the five-year window, Cost of Revenue surged 72.96% in 2022 and slumped 31.19% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $12.0 billion in 2022, then retreated by 8.59% to $11.0 billion in 2023, then rose by 1.01% to $11.1 billion in 2024, then retreated by 13.59% to $9.6 billion in 2025, then gained by 20.08% to $11.5 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $11.5 billion in Q1 2026, $9.6 billion in Q4 2025, and $10.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,943.60 Bn | 2,943.47 Bn | 167.16 Mn | 19.13 Mn |
| 2 | Flex LNG | 1,649.28 Bn | 1,648.89 Bn | 61.79 Mn | 18.67 Mn |
| 3 | Enbridge | 120.97 Bn | 119.64 Bn | 6.70 Bn | 9.60 Bn |
| 4 | Kinder Morgan | 112.45 Bn | 112.33 Bn | 3.07 Bn | 1.41 Bn |
| 5 | Enterprise Products Partners | 82.58 Bn | 81.38 Bn | - | - |
| 6 | Tc Energy | 71.17 Bn | 65.47 Bn | 1.36 Bn | 39.44 Mn |
| 7 | Energy Transfer | 68.75 Bn | 67.78 Bn | 6.62 Bn | 21.15 Bn |
| 8 | Mplx | 59.29 Bn | 57.78 Bn | 1.95 Bn | 402.00 Mn |
| 9 | Targa Resources | 57.65 Bn | 57.55 Bn | 1.70 Bn | 2.39 Bn |
| 10 | Plains Gp Holdings | 2.21 Bn | 2.03 Bn | 977.00 Mn | 11.49 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.49 Bn |
| Mar 31, 2026 | 11.49 Bn |
| Dec 31, 2025 | 9.57 Bn |
| Dec 31, 2025 | 9.57 Bn |
| Sep 30, 2025 | 10.59 Bn |
| Sep 30, 2025 | 10.59 Bn |
| Jun 30, 2025 | 9.76 Bn |
| Jun 30, 2025 | 9.76 Bn |
| Mar 31, 2025 | 10.52 Bn |
| Mar 31, 2025 | 10.52 Bn |
| Dec 31, 2024 | 11.08 Bn |
| Dec 31, 2024 | 11.08 Bn |
| Sep 30, 2024 | 11.54 Bn |
| Sep 30, 2024 | 11.54 Bn |
| Jun 30, 2024 | 11.84 Bn |
| Jun 30, 2024 | 11.84 Bn |
| Mar 31, 2024 | 10.92 Bn |
| Mar 31, 2024 | 10.92 Bn |
| Dec 31, 2023 | 10.97 Bn |
| Dec 31, 2023 | 10.97 Bn |