Hess Midstream (HESM) Revenue (2018 - 2026)
Hess Midstream (HESM) posted Revenue of $399.0 million for Q2 2026, up 2.28% on a QoQ basis from $390.1 million in Q1 2026, and down 3.67% year-over-year from $414.2 million in Q2 2025.
Analysis
Hess Midstream (HESM) Revenue (2018 - 2026) Analysis & Trends
Hess Midstream has reported Revenue for 9 years, with the latest figure at $399.0 million in Q2 2026.
- On a quarterly basis, Revenue fell 3.67% year-over-year to $399.0 million in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 2.78% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 8.41% from the prior year.
- Revenue was $399.0 million for Q2 2026 at Hess Midstream, up from $390.1 million in the prior quarter.
- The five-year high for Revenue was $420.9 million in Q3 2025, with the low at $305.0 million in Q1 2023.
- Average Revenue over 5 years is $362.8 million, with a median of $364.3 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Revenue rose 16.59% in 2024, then slipped 3.67% in 2026.
- Over 5 years, Revenue stood at $314.6 million in 2022, then gained by 13.32% to $356.5 million in 2023, then grew by 11.05% to $395.9 million in 2024, then rose by 2.1% to $404.2 million in 2025, then retreated by 1.29% to $399.0 million in 2026.
- The last three Revenue figures came in at $399.0 million (Q2 2026), $390.1 million (Q1 2026), and $404.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 4.48 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 18.27 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 34.33 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 2.86 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 4.44 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 3.31 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 12.05 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.19 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 2.15 Bn |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 399.00 Mn |
Historic Data
Download Data
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 |