Pembina Pipeline annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Pembina Pipeline Operating Expenses Growth & History (PBA)
Pembina Pipeline's operating expenses was $384.0M for fiscal 2025.
View full Pembina Pipeline company overviewPembina Pipeline annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $384.0M | −$651.0M | −62.90% |
| 2024 | 2024-12-31 | $1.03B | $792.0M | +325.93% |
| 2023 | 2023-12-31 | $243.0M | −$18.0M | −6.90% |
| 2022 | 2022-12-31 | $261.0M | −$4.0M | −1.51% |
| 2021 | 2021-12-31 | $265.0M | $21.0M | +8.61% |
| 2020 | 2020-12-31 | $244.0M | $62.0M | +34.07% |
| 2019 | 2019-12-31 | $182.0M | −$124.0M | −40.52% |
| 2018 | 2018-12-31 | $306.0M | — | — |
Pembina Pipeline quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $127.0M | $31.0M | +32.29% |
| Q1 2026 | 2026-03-31 | $143.0M | — | — |
| Q4 2025 | 2025-12-31 | $155.0M | — | — |
| Q3 2025 | 2025-09-30 | $107.0M | — | — |
| Q2 2025 | 2025-06-30 | $96.0M | — | — |
Pembina Pipeline operating expenses trends
Over the last five fiscal years, Pembina Pipeline's operating expenses increased from $244.0M to $384.0M, a change of $140.0M. The latest reported quarter, Q2 2026, shows $127.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Pembina Pipeline source filings ↗