Plains GP (PAGP) Revenue & Revenue Breakdown

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Plains GP Revenue Highlights

Latest Revenue (Y)

$44.26B

Latest Revenue (Q)

$11.58B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Plains GP Revenue by Period

Plains GP Revenue by Year

Date	Revenue	Change
2025-12-31	$44.26B	-11.61%
2024-12-31	$50.07B	2.79%
2023-12-31	$48.71B	-15.05%
2022-12-31	$57.34B	36.28%
2021-12-31	$42.08B	80.67%
2020-12-31	$23.29B	-30.83%
2019-12-31	$33.67B	-1.13%
2018-12-31	$34.05B	29.87%
2017-12-31	$26.22B	29.93%
2016-12-31	$20.18B	-12.83%
2015-12-31	$23.15B	-46.73%
2014-12-31	$43.46B	2.88%
2013-12-31	$42.25B	11.78%
2012-12-31	$37.80B	10.28%
2011-12-31	$34.27B	32.37%
2010-12-31	$25.89B	-

Plains GP generated $44.26B in revenue during NA 2025, up -11.61% compared to the previous quarter, and up 190.05% compared to the same period a year ago.

Plains GP Revenue by Quarter

Date	Revenue	Change
2025-09-30	$11.58B	8.80%
2025-06-30	$10.64B	-11.40%
2025-03-31	$12.01B	-3.15%
2024-12-31	$12.40B	-2.68%
2024-09-30	$12.74B	-0.11%
2024-06-30	$12.76B	6.35%
2024-03-31	$11.99B	-5.54%
2023-12-31	$12.70B	5.19%
2023-09-30	$12.07B	4.04%
2023-06-30	$11.60B	-5.99%
2023-03-31	$12.34B	-4.72%
2022-12-31	$12.95B	-9.65%
2022-09-30	$14.34B	-12.37%
2022-06-30	$16.36B	19.46%
2022-03-31	$13.69B	5.43%
2021-12-31	$12.99B	20.54%
2021-09-30	$10.78B	8.52%
2021-06-30	$9.93B	18.45%
2021-03-31	$8.38B	40.58%
2020-12-31	$5.96B	2.23%
2020-09-30	$5.83B	80.87%
2020-06-30	$3.23B	-61.00%
2020-03-31	$8.27B	-9.67%
2019-12-31	$9.15B	16.08%
2019-09-30	$7.89B	-4.45%
2019-06-30	$8.25B	-1.46%
2019-03-31	$8.38B	-4.68%
2018-12-31	$8.79B	-0.07%
2018-09-30	$8.79B	8.81%
2018-06-30	$8.08B	-3.79%
2018-03-31	$8.40B	10.43%
2017-12-31	$7.61B	29.49%
2017-09-30	$5.87B	-3.37%
2017-06-30	$6.08B	-8.83%
2017-03-31	$6.67B	12.01%
2016-12-31	$5.95B	15.13%
2016-09-30	$5.17B	4.44%
2016-06-30	$4.95B	20.41%
2016-03-31	$4.11B	-17.71%
2015-12-31	$5.00B	-10.00%
2015-09-30	$5.55B	-16.69%
2015-06-30	$6.66B	12.13%
2015-03-31	$5.94B	-37.18%
2014-12-31	$9.46B	-14.99%
2014-09-30	$11.13B	-0.61%
2014-06-30	$11.20B	-4.19%
2014-03-31	$11.68B	9.89%
2013-12-31	$10.63B	-0.66%
2013-09-30	$10.70B	3.96%
2013-06-30	$10.29B	-3.06%
2013-03-31	$10.62B	12.51%
2012-12-31	$9.44B	0.91%
2012-09-30	$9.35B	-4.41%
2012-06-30	$9.79B	6.16%
2012-03-31	$9.22B	-

Plains GP generated $11.58B in revenue during Q3 2025, up 8.80% compared to the previous quarter, and up 90.76% compared to the same period a year ago.

Plains GP Revenue Breakdown

Plains GP Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Service	$1.76B	$1.82B	$1.74B	$1.39B	$1.20B
Product	$42.50B	$48.25B	$46.97B	$55.95B	$40.88B
Terminalling , Long-Term Storage And Throughput Agreements Revenues	-	-	-	-	$237.00M
Pipeline Revenues Supported By Minimum Volume Commitments And Long-Term Capacity Agreements	-	-	-	-	$179.00M

Plains GP's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (96.02%), and Service (3.98%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Service	$421.00M	$428.00M	$445.00M	$467.00M	$909.00M	$461.00M	$449.00M	$449.00M	$490.00M	$401.00M	$398.00M	$394.00M	$335.00M	$352.00M	$313.00M	-	-	-	-	-
Product	$9.61B	$11.15B	$10.20B	$11.54B	$24.43B	$12.28B	$11.55B	$12.25B	$11.58B	$11.20B	$11.94B	$12.56B	$14.00B	$16.01B	$13.38B	-	-	-	-	-
Pipeline Revenues Supported By Minimum Volume Commitments And Long-Term Capacity Agreements	-	-	-	-	-	-	-	-	-	-	-	-	$50.00M	$91.00M	$132.00M	$47.00M	$92.00M	$135.00M	$41.00M	-
Terminalling, Long-Term Storage And Other Agreements Revenues	-	-	-	-	-	-	-	-	-	-	-	-	$67.00M	$138.00M	$201.00M	-	-	-	-	-
Long-Term Storage, Terminalling And Throughput Agreements Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$69.00M	$139.00M	$275.00M	$101.00M	-
Segment Facilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$149.00M	-
Segment Supply And Logistics	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.69B	-
Segment Transportation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$126.00M	-

Plains GP's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Product (95.80%), and Service (4.20%).

Plains GP Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
CANADA	$4.50B	$5.93B	$6.40B	$10.44B	$7.62B
UNITED STATES	$39.76B	$44.14B	$42.31B	$46.90B	$34.46B

Plains GP's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (89.83%), and CANADA (10.17%).

Quarterly Revenue by Country

Country	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Segment Transportation	$133.00M	$162.00M	$137.00M	$126.00M	$146.00M	$151.00M	$187.00M	$196.00M	$188.00M	$197.00M	$658.00M	$161.00M	$152.00M	$253.00M

Plains GP's latest quarterly revenue breakdown by geography, as of Sep 21: Segment Transportation (100.00%).

Plains GP Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PAGP	Plains GP	$44.26B	$11.58B
CVI	CVR Energy	$7.16B	$1.95B
RIG	Transocean	$3.96B	$-1.89B
BTU	Peabody Energy	$3.86B	$1.01B
HP	Helmerich & Payne	$3.75B	$1.02B
GPOR	Gulfport Energy	$1.42B	$379.75M
STNG	Scorpio Tankers	$1.34B	$391.34M
KGS	Kodiak Gas Services	$1.31B	$322.74M
WHD	Cactus	$1.08B	$263.95M
DKL	Delek Logistics Partners, LP	$1.01B	$261.28M
SEI	Solaris Energy Infrastructure	$313.09M	$96.30M

PAGP Revenue FAQ

What is Plains GP’s yearly revenue?

Plains GP's yearly revenue for 2025 was $44.26B, representing a decrease of -11.61% compared to 2024. The company's yearly revenue for 2024 was $50.07B, representing an increase of 2.79% compared to 2023. PAGP's yearly revenue for 2023 was $48.71B, representing a decrease of -15.05% compared to 2022.

What is Plains GP’s quarterly revenue?

Plains GP's quarterly revenue for Q3 2025 was $11.58B, a 8.80% increase from the previous quarter (Q2 2025), and a -9.14% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $10.64B, a -11.40% decrease from the previous quarter (Q1 2025), and a -16.58% decrease year-over-year (Q2 2024). PAGP's quarterly revenue for Q1 2025 was $12.01B, a -3.15% decrease from the previous quarter (Q4 2024), and a 0.13% increase year-over-year (Q1 2024).

What is Plains GP’s revenue growth rate?

Plains GP's revenue growth rate for the last 3 years (2023-2025) was -9.14%, and for the last 5 years (2021-2025) was 5.19%.

What are Plains GP’s revenue streams?

Plains GP's revenue streams in c 25 are Service, and Product. Service generated $1.76B in revenue, accounting 3.98% of the company's total revenue, down -3.19% year-over-year. Product generated $42.5B in revenue, accounting 96.02% of the company's total revenue, down -11.92% year-over-year.

What is Plains GP’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Plains GP was Product. This segment made a revenue of $42.5B, representing 96.02% of the company's total revenue.