Plains Gp Holdings (PAGP) Cost of Revenue (2014 - 2026)
Plains Gp Holdings (PAGP) posted quarterly Cost of Revenue of $11.5 billion for Q1 2026, up 9.28% year-over-year from $10.5 billion in Q1 2025, and up 20.08% quarter-over-quarter from $9.6 billion in Q4 2025.
Plains Gp Holdings (PAGP) Cost of Revenue (2014 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Cost of Revenue for 13 consecutive years, with $11.5 billion the latest figure, recorded in 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 climbed to $11.5 billion in Q1 2026 per PAGP's latest filing, from $9.6 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $15.3 billion in Q2 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 72.96% — and 2023, when it plunged 31.19%.
- Plains Gp Holdings' Cost of Revenue stood at $12.0 billion in 2022, then declined by 8.59% to $11.0 billion in 2023, then grew by 1.01% to $11.1 billion in 2024, then declined by 13.59% to $9.6 billion in 2025, then increased by 20.08% to $11.5 billion in 2026.
- Business Quant data shows PAGP's Cost of Revenue at $11.5 billion in Q1 2026, $9.6 billion in Q4 2025, and $10.6 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 15.96 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 52.77 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 2.30 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Plains Gp Holdings | 5.12 Bn | 4.06 Bn | 1.14 Bn | 16.56 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.56 Bn |
| Jun 30, 2026 | 16.56 Bn |
| 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 |