Plains All American Pipeline, L.P. Operating Income increased by 14.1% to $405.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $356.00M to $405.00M. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 13.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$236.00M | -$38.00M | $599.00M | $293.00M | $411.00M | $626.00M | $0.00 | $473.00M | $378.00M | $234.00M | $173.00M | $356.00M | $332.00M | $196.00M | -$16.00M | $356.00M | $239.00M | $484.00M | $355.00M | $405.00M |
| QoQ Change | — | +83.9% | >999% | -51.1% | +40.3% | +52.3% | -100.0% | — | -20.1% | -38.1% | -26.1% | +105.8% | -6.7% | -41.0% | -108.2% | >999% | -32.9% | +102.5% | -26.7% | +14.1% |
| YoY Change | — | — | — | — | +274.2% | >999% | -100.0% | +61.4% | -8.0% | -62.6% | — | -24.7% | -12.2% | -16.2% | -109.2% | +0.0% | -28.0% | +146.9% | >999% | +13.8% |