Pembina Pipeline Corp income statement

In fiscal 2025, Pembina Pipeline Corp reported revenue of $5.57bn, up 3.3% on the year before, operating income of $2.01bn (a 36.1% margin) and net income of $1.21bn, or $1.90 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Pembina Pipeline Corp: income statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	3,224	4,163	5,676	4,802	4,439	6,885	8,930	4,692	5,392	5,568
Cost of revenue	2,413	3,062	4,214	3,260	2,896	4,896	6,827	2,822	3,210	3,432
Gross profit	757	1,136	1,797	1,840	1,497	2,113	2,402	2,105	2,421	2,286
Operating income	611	933	1,561	1,380	3	1,688	2,850	1,968	1,666	2,011
Interest expense	−69	−125	207	232	299	317	321	315	399	392
Income before tax	495	790	1,345	1,162	−310	1,329	2,476	1,622	1,256	1,580
Income tax	143	109	358	26	−75	338	191	306	−112	367
Net income	352	89	317	279	−236	991	2,285	1,316	1,361	1,213
Diluted EPS	$0.76	$1.43	$1.76	$2.02	−$0.64	$1.59	$3.94	$2.22	$2.19	$1.90
Diluted shares (average)	389m	432m	509m	514m	550m	551m	554m	551m	574m	582m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Pembina Pipeline Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Pembina Pipeline Corp.