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
DateValue
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