Plains All American
PAA

Plains All American (PAA) earnings history

Most recent quarter

Period end
Jun 30, 2026
Revenue
$17.7B
Reported
Aug 7, 2026

Plains All American reported Q2 2026 results on August 7, 2026. Earnings per share were $0.41, beating the $0.38 estimate by 7.44%. Revenue of $17.7 billion was far above the $12.7 billion consensus, a 39.05% surprise, and the highest in the table. Compared with Q2 2025, EPS rose about 14% from $0.36 and revenue about 67% from $10.6 billion.

Quarterly revenue has swung widely, between $10.6 billion and $17.7 billion, while earnings have moved in a narrower range. Annual EPS grew each year, from $1.19 in 2022 to $1.43 in 2023, $1.51 in 2024 and $1.54 in 2025. The first half of 2026 totals $0.80, against $0.75 a year earlier. The only loss in the table was Q3 2021, at $0.15 per share, followed by the high of $0.56 in Q4 2021. Plains All American beat EPS estimates in 14 of the 20 quarters, including each of the last five.

Third-quarter results came between November 2 and November 8 in each of the past five years. That points to early November 2026 for the Q3 2026 report. It will show whether revenue stays near the Q2 level or returns to the $10.6–12.9 billion range seen from 2023 to 2025.

Earnings history

PeriodReportedEPS estimateEPS actualSurpriseRevenueFiling
Q2 2026Aug 7, 2026$0.38$0.41+7.44%$17.7BSEC
Q1 2026May 8, 2026$0.37$0.39+6.15%$12.5BSEC
Q4 2025Feb 6, 2026$0.40$0.40+1.24%$10.6BSEC
Q3 2025Nov 5, 2025$0.36$0.39+9.86%$11.6BSEC
Q2 2025Aug 8, 2025$0.32$0.36+11.08%$10.6BSEC
Q1 2025May 9, 2025$0.44$0.39−10.51%$12.0BSEC
Q4 2024Feb 7, 2025$0.41$0.42+1.65%$12.4BSEC
Q3 2024Nov 8, 2024$0.31$0.37+19.32%$12.7BSEC
Q2 2024Aug 2, 2024$0.31$0.31−1.40%$12.9BSEC
Q1 2024May 3, 2024$0.39$0.41+4.83%$12.0BSEC
Q4 2023Feb 9, 2024$0.36$0.42+16.18%$12.7BSEC
Q3 2023Nov 3, 2023$0.25$0.35+40.90%$12.1BSEC
Q2 2023Aug 4, 2023$0.20$0.25+22.85%$11.6BSEC
Q1 2023May 5, 2023$0.38$0.41+7.22%$12.3BSEC
Q4 2022Feb 8, 2023$0.37$0.30−18.79%$13.0BSEC
Q3 2022Nov 2, 2022$0.29$0.48+63.88%$14.3BSEC
Q2 2022Aug 3, 2022$0.22$0.22−1.83%$16.4BSEC
Q1 2022May 4, 2022$0.36$0.19−47.60%$13.7BSEC
Q4 2021Feb 9, 2022$0.27$0.56+108.18%$13.0BSEC
Q3 2021Nov 2, 2021$0.22−$0.15−167.78%$10.8BSEC

Quarterly revenue

Q3 2021
$10.8B
Q4 2021
$13.0B
Q1 2022
$13.7B
Q2 2022
$16.4B
Q3 2022
$14.3B
Q4 2022
$13.0B
Q1 2023
$12.3B
Q2 2023
$11.6B
Q3 2023
$12.1B
Q4 2023
$12.7B
Q1 2024
$12.0B
Q2 2024
$12.9B
Q3 2024
$12.7B
Q4 2024
$12.4B
Q1 2025
$12.0B
Q2 2025
$10.6B
Q3 2025
$11.6B
Q4 2025
$10.6B
Q1 2026
$12.5B
Q2 2026
$17.7B

Frequently asked questions

  • When did Plains All American (PAA) last report earnings?

    Plains All American last reported on Aug 7, 2026, covering fiscal Q2 2026.

  • Did PAA beat earnings estimates?

    Yes. Plains All American reported EPS of $0.41 for Q2 2026 against a $0.38 estimate — a 7.44% beat.

  • How much revenue did PAA report last quarter?

    Plains All American reported $17.7B in revenue for Q2 2026, against a consensus estimate of $12.7B.

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.