Plains All American Pipeline L.P. Quarterly Income Statement
NASDAQ: PAAEnergyNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Plains All American Pipeline L.P. revenue and earnings
In the quarter ended Jun 30, 2026, Plains All American Pipeline L.P. generated $17.69 billion in revenue, up 66.3% from the same quarter a year earlier. Net income was $1.83 billion (+771.4% year over year), for a net margin of 10.3% versus a median of 3.2% in the prior 5 quarters. Gross margin was 6.4% (down from 8.3%) and operating margin 2.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Plains All American Pipeline L.P. income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.69B | 12.47B | 10.56B | 11.58B | 10.64B | 11.48B | 12.04B | 12.46B | 12.76B | 11.64B | 11.32B | 12.07B |
| Revenue growth (YoY) | +66.26% | +8.65% | -12.21% | -7.05% | -16.58% | -1.39% | +6.30% | +3.19% | +9.96% | -5.69% | -12.58% | -15.80% |
| Cost of Revenue | 16.56B | 11.49B | 9.57B | 10.59B | 9.76B | 10.52B | 11.08B | 11.54B | 11.84B | 10.92B | 10.96B | 11.11B |
| Gross Profit | 1.14B | 977.00M | 994.00M | 993.00M | 884.00M | 960.00M | 959.00M | 916.00M | 919.00M | 722.00M | 357.00M | 965.00M |
| Operating Expenses | 739.00M | 572.00M | 639.00M | 509.00M | 645.00M | 604.00M | 975.00M | 720.00M | 587.00M | 366.00M | 184.00M | 731.00M |
| Operating Income | 398.00M | 405.00M | 355.00M | 484.00M | 239.00M | 356.00M | -16.00M | 196.00M | 332.00M | 356.00M | 173.00M | 234.00M |
| Interest Expense | 153.00M | 167.00M | 159.00M | 135.00M | 133.00M | 127.00M | 112.00M | 113.00M | 111.00M | 95.00M | 96.00M | 97.00M |
| Other Income (Expense) | 42.00M | 8.00M | 38.00M | 14.00M | 31.00M | 26.00M | 19.00M | 26.00M | 23.00M | -5.00M | 17.00M | 0 |
| Pretax Income | 376.00M | 335.00M | 323.00M | 459.00M | 231.00M | 389.00M | 61.00M | 206.00M | 350.00M | 365.00M | 186.00M | 265.00M |
| Income Tax | 100.00M | 1.00M | -2.00M | 6.00M | 4.00M | 9.00M | 16.00M | 8.00M | 52.00M | 14.00M | -21.00M | -14.00M |
| Net Income | 1.83B | 152.00M | 342.00M | 441.00M | 210.00M | 443.00M | 36.00M | 220.00M | 250.00M | 266.00M | 312.00M | 203.00M |
| Net Income growth (YoY) | +771.43% | -65.69% | +850.00% | +100.45% | -16.00% | +66.54% | -88.46% | +8.37% | -14.68% | -36.97% | +18.63% | -47.14% |
| EBITDA | 640.00M | 648.00M | 612.00M | 714.00M | 474.00M | 588.00M | 210.00M | 422.00M | 558.00M | 610.00M | 306.00M | 494.00M |
| Gross Margin | 6.43% | 7.83% | 9.41% | 8.58% | 8.31% | 8.36% | 7.97% | 7.35% | 7.20% | 6.20% | 3.15% | 7.99% |
| Operating Margin | 2.25% | 3.25% | 3.36% | 4.18% | 2.25% | 3.10% | -13.00% | 1.57% | 2.60% | 3.06% | 1.53% | 1.94% |
| Net Margin | 10.34% | 122.00% | 3.24% | 3.81% | 1.97% | 3.86% | 30.00% | 1.77% | 1.96% | 2.29% | 2.76% | 1.68% |
This table shows 12 quarterly periods of Plains All American Pipeline L.P.'s income statement, from Q2 2026 back to Q3 2023, across 14 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PAA's reporting calendar. What is a income statement?