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
DateValue
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