PLAINS GP HOLDINGS LP
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
PAGP$25.41-1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Index to Financial Statements
INDEX TO THE CONSOLIDATED FINANCIAL STATEMENTS
| Page | |
| Consolidated Financial Statements | |
|---|---|
| Management’s Report on Internal Control Over Financial Reporting | F-2 |
| Report of Independent Registered Public Accounting Firm (PCAOB ID: 238) | F-3 |
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | F-5 |
| Consolidated Statements of Operations for the years ended December 31, 2025, 2024 and 2023 | F-6 |
| Consolidated Statements of Comprehensive Income for the years ended December 31, 2025, 2024 and 2023 | F-7 |
| Consolidated Statements of Changes in Accumulated Other Comprehensive Income/(Loss) for the years ended December 31, 2025, 2024 and 2023 | F-7 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2025, 2024 and 2023 | F-8 |
| Consolidated Statements of Changes in Partners’ Capital for the years ended December 31, 2025, 2024 and 2023 | F-9 |
| Notes to the Consolidated Financial Statements: | F-10 |
| 1. Organization and Basis of Consolidation and Presentation | F-10 |
| 2. Summary of Significant Accounting Policies | F-12 |
| 3. Discontinued Operations | F-15 |
| 4. Revenues and Accounts Receivable | F-17 |
| 5. Net Income Per Class A Share | F-21 |
| 6. Inventory, Linefill and Long-term Inventory | F-22 |
| 7. Property and Equipment | F-23 |
| 8. Acquisitions, Divestitures and Other Transactions | F-25 |
| 9. Investments in Unconsolidated Entities | F-30 |
| 10. Intangible Assets, Net | F-33 |
| 11. Debt | F-34 |
| 12. Partners’ Capital and Distributions | F-39 |
| 13. Derivatives and Risk Management Activities | F-43 |
| 14. Leases | F-46 |
| 15. Income Taxes | F-49 |
| 16. Major Customers and Concentration of Credit Risk | F-53 |
| 17. Related Party Transactions | F-53 |
| 18. Equity-Indexed Compensation Plans | F-54 |
| 19. Commitments and Contingencies | F-55 |
| 20. Segment Information | F-59 |
| 21. Selected Quarterly Financial Data (Unaudited) | F-64 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.