Hess Midstream (HESM) Revenue (2018 - 2026)
Hess Midstream (HESM) posted Revenue of $388.7 million for Q1 2026, down 4.54% on a QoQ basis from $407.2 million in Q4 2025, and up 2.02% year-on-year from $381.0 million in Q1 2025.
Hess Midstream (HESM) Revenue (2018 - 2026) Analysis & Trends
Hess Midstream has disclosed Revenue across 9 years of filings, most recently posting $388.7 million for Q1 2026.
- Revenue for Q1 2026 came in at $388.7 million, up 2.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 7.32% YoY), and the FY2025 annual result was $1.6 billion, up 8.41% from the prior year.
- Revenue came in at $388.7 million for Q1 2026 at Hess Midstream, down from $407.2 million in the prior quarter.
- Over the last five years, Revenue for HESM reached as high as $420.9 million in Q3 2025 and fell as low as $305.0 million in Q1 2023.
- Median Revenue over the past 5 years was $362.5 million (2023), compared with a mean of $360.3 million.
- Year-over-year, Revenue declined 2.27% in 2023 and rose 16.59% in 2024.
- Over 5 years, Revenue stood at $313.9 million in 2022, then gained by 13.35% to $355.8 million in 2023, then gained by 11.27% to $395.9 million in 2024, then climbed by 2.85% to $407.2 million in 2025, then dropped by 4.54% to $388.7 million in 2026.
- Per Business Quant, the three latest HESM Revenue figures stand at $388.7 million (Q1 2026), $407.2 million (Q4 2025), and $420.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Torm | 26,839.46 Bn | 26,839.30 Bn | - | - |
| 2 | Imperial Petroleum | 730.62 Bn | 730.54 Bn | 50.64 Mn | 61.71 Mn |
| 3 | Kinder Morgan | 450.75 Bn | 451.83 Bn | 3.08 Bn | 4.83 Bn |
| 4 | Enterprise Products Partners | 316.77 Bn | 315.62 Bn | - | 14.39 Bn |
| 5 | Energy Transfer | 263.37 Bn | 262.65 Bn | 6.62 Bn | 27.77 Bn |
| 6 | Targa Resources | 235.18 Bn | 235.21 Bn | 1.70 Bn | 4.09 Bn |
| 7 | Mplx | 230.21 Bn | 228.70 Bn | 2.54 Bn | 3.04 Bn |
| 8 | Oneok | 224.24 Bn | 224.11 Bn | 2.57 Bn | 9.62 Bn |
| 9 | Cheniere Energy | 210.54 Bn | 212.74 Bn | 5.86 Bn | 5.87 Bn |
| 10 | Hess Midstream | 19.00 Bn | 19.00 Bn | - | 388.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 388.70 Mn |
| Dec 31, 2025 | 407.20 Mn |
| Sep 30, 2025 | 420.90 Mn |
| Jun 30, 2025 | 413.50 Mn |
| Mar 31, 2025 | 381.00 Mn |
| Dec 31, 2024 | 395.90 Mn |
| Sep 30, 2024 | 377.60 Mn |
| Jun 30, 2024 | 364.60 Mn |
| Mar 31, 2024 | 355.60 Mn |
| Dec 31, 2023 | 355.80 Mn |
| Sep 30, 2023 | 362.50 Mn |
| Jun 30, 2023 | 323.50 Mn |
| Mar 31, 2023 | 305.00 Mn |
| Dec 31, 2022 | 313.90 Mn |
| Sep 30, 2022 | 334.80 Mn |
| Jun 30, 2022 | 313.00 Mn |
| Mar 31, 2022 | 312.10 Mn |
| Dec 31, 2021 | 316.30 Mn |
| Sep 30, 2021 | 303.90 Mn |
| Jun 30, 2021 | 294.80 Mn |