Current Liabilities

Contract Liabilities

Plains All American Pipeline, L.P. Contract Liabilities decreased by 46.0% to $47.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 75.5%, from $192.00M to $47.00M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows a downward trend with a -29.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.

Detailed definition

This represents the obligation to transfer goods or services to a customer for which the company has already received co...

Peer comparison

Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.

Metric ID: contract_liabilities

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$139.00M$132.00M$141.00M$137.00M$138.00M$143.00M$229.00M$204.00M$216.00M$234.00M$228.00M$220.00M$217.00M$222.00M$87.00M$192.00M$77.00M$66.00M$87.00M$47.00M
QoQ Change-5.0%+6.8%-2.8%+0.7%+3.6%+60.1%-10.9%+5.9%+8.3%-2.6%-3.5%-1.4%+2.3%-60.8%+120.7%-59.9%-14.3%+31.8%-46.0%
YoY Change-0.7%+8.3%+62.4%+48.9%+56.5%+63.6%-0.4%+7.8%+0.5%-5.1%-61.8%-12.7%-64.5%-70.3%+0.0%-75.5%
Range$47.00M$234.00M
CAGR-20.4%
Avg YoY Growth-2.7%
Median YoY Growth-0.2%

Frequently Asked Questions

What is Plains All American Pipeline, L.P.'s contract liabilities?
Plains All American Pipeline, L.P. (PAA) reported contract liabilities of $47.00M in Q1 2026.
How has Plains All American Pipeline, L.P.'s contract liabilities changed year-over-year?
Plains All American Pipeline, L.P.'s contract liabilities decreased by 75.5% year-over-year, from $192.00M to $47.00M.
What is the long-term trend for Plains All American Pipeline, L.P.'s contract liabilities?
Over 5 years (2020 to 2025), Plains All American Pipeline, L.P.'s contract liabilities has grown at a -29.5% compound annual growth rate (CAGR), from $501.00M to $87.00M.
What does contract liabilities mean?
Money received from customers for products or services that have not yet been delivered.