Hess Midstream (HESM) Net Income (2018 - 2026)
Hess Midstream (HESM) recorded quarterly Net Income of $157.7 million in Q1 2026, down 44.0% quarter-over-quarter from $281.6 million in Q4 2025, and down 2.29% on a YoY basis from $161.4 million in Q1 2025.
Hess Midstream (HESM) Net Income (2018 - 2026) Analysis & Trends
Hess Midstream's Net Income history runs 9 years deep, the most recent figure standing at $157.7 million for Q1 2026.
- In Q1 2026, Net Income fell 2.29% year-over-year to $157.7 million; the TTM figure through Mar 2026 stood at $794.5 million (up 10.69% YoY), while the FY2025 annual figure was $798.2 million, up 11.12% from the prior year.
- Net Income was $157.7 million for Q1 2026 at Hess Midstream, down from $281.6 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $281.6 million in Q4 2025 to a low of $142.2 million in Q1 2023.
- Historically, Net Income has averaged $172.3 million across 5 years, with a median of $161.4 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Income fell 13.33% in 2023, then surged 51.44% in 2024.
- A 5-year view of Net Income shows it stood at $176.3 million in 2022, then dropped by 13.33% to $152.8 million in 2023, then soared by 51.44% to $231.4 million in 2024, then rose by 21.69% to $281.6 million in 2025, then plunged by 44.0% to $157.7 million in 2026.
- The last three Net Income figures came in at $157.7 million (Q1 2026), $281.6 million (Q4 2025), and $175.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 15.06 Mn |
| 10 | Hess Midstream | 4.98 Bn | 4.97 Bn | - | 157.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 157.70 Mn |
| Dec 31, 2025 | 281.60 Mn |
| Sep 30, 2025 | 175.50 Mn |
| Jun 30, 2025 | 179.70 Mn |
| Mar 31, 2025 | 161.40 Mn |
| Dec 31, 2024 | 231.40 Mn |
| Sep 30, 2024 | 164.70 Mn |
| Jun 30, 2024 | 160.30 Mn |
| Mar 31, 2024 | 161.90 Mn |
| Dec 31, 2023 | 152.80 Mn |
| Sep 30, 2023 | 164.80 Mn |
| Jun 30, 2023 | 147.90 Mn |
| Mar 31, 2023 | 142.20 Mn |
| Dec 31, 2022 | 176.30 Mn |
| Sep 30, 2022 | 159.40 Mn |
| Jun 30, 2022 | 151.80 Mn |
| Mar 31, 2022 | 159.60 Mn |
| Dec 31, 2021 | 165.10 Mn |
| Sep 30, 2021 | 131.10 Mn |
| Jun 30, 2021 | 162.00 Mn |