Hess Midstream (HESM) Revenue (2018 - 2026)
Hess Midstream (HESM) posted Revenue of $399 million for Q2 2026, down 3.7% from $414.2 million a year earlier but up 2.3% from the prior quarter.
Hess Midstream (HESM) Revenue (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Revenue at Hess Midstream was $1.61 billion, up 2.8% year-over-year; for FY2025, it came in at $1.62 billion, up 8.4% from FY2024.
- Annual Revenue has increased for eight consecutive years, with a five-year compound annual growth rate of 8.2% (FY2020 to FY2025).
- In prior years, Hess Midstream's Revenue was $1.5 billion in FY2024 (+10.9%), $1.35 billion in FY2023 (+5.8%), $1.28 billion in FY2022 (+5.9%) and $1.2 billion in FY2021 (+10.2%).
- Quarterly Revenue has run from a low of $303.9 million in Q3 2021 to a high of $420.9 million in Q3 2025 over five years.
- On a year-over-year basis, Revenue increased in seven of the last eight quarters, with growth averaging 6.0%.
- The strongest year-over-year quarter for Revenue in the past five years was Q4 2021, with growth of 18.7%; the weakest was Q2 2026, with a decline of 3.7%.
- According to Business Quant data, Revenue for the three prior quarters was $390.1 million (Q1 2026), $404.2 million (Q4 2025) and $420.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 21.19 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 18.27 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 34.33 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 4.48 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 2.86 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 4.44 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 3.31 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 5.73 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 12.05 Bn |
| 10 | Hess Midstream | 4.80 Bn | 4.78 Bn | - | 399.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 399.00 Mn |
| Mar 31, 2026 | 390.10 Mn |
| Dec 31, 2025 | 404.20 Mn |
| Sep 30, 2025 | 420.90 Mn |
| Jun 30, 2025 | 414.20 Mn |
| Mar 31, 2025 | 382.00 Mn |
| Dec 31, 2024 | 395.90 Mn |
| Sep 30, 2024 | 378.50 Mn |
| Jun 30, 2024 | 365.50 Mn |
| Mar 31, 2024 | 355.60 Mn |
| Dec 31, 2023 | 356.50 Mn |
| Sep 30, 2023 | 363.10 Mn |
| Jun 30, 2023 | 324.00 Mn |
| Mar 31, 2023 | 305.00 Mn |
| Dec 31, 2022 | 314.60 Mn |
| Sep 30, 2022 | 334.80 Mn |
| Jun 30, 2022 | 313.40 Mn |
| Mar 31, 2022 | 312.40 Mn |
| Dec 31, 2021 | 316.30 Mn |
| Sep 30, 2021 | 303.90 Mn |
Hess Midstream Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();