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% sequentially from $9.6 billion in Q4 2025.

Plains Gp Holdings (PAGP) Cost of Revenue (2014 - 2026) Analysis & Trends

Plains Gp Holdings' Cost of Revenue history runs 13 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 came in at $11.5 billion for Q1 2026 at Plains Gp Holdings, up from $9.6 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $15.3 billion in Q2 2022 and troughed at $9.6 billion in Q4 2025.
  • The 5-year median for Cost of Revenue is $11.1 billion (2023), against an average of $11.4 billion.
  • The widest annual swing landed in 2022, when Cost of Revenue surged 72.96%; it then sank 31.19% in 2023.
  • A 5-year view of Cost of Revenue shows it 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.
  • 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 9.60 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.75 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 21.15 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 2.39 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 498.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.05 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 2.76 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 270.00 Mn
10 Plains Gp Holdings 4.81 Bn 4.63 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