Hess Midstream (HESM) Revenue (2018 - 2026)

Hess Midstream (HESM) recorded quarterly Revenue of $388.7 million in Q1 2026, down 4.54% quarter-over-quarter from $407.2 million in Q4 2025, and up 2.02% on a YoY basis from $381.0 million in Q1 2025.

Hess Midstream (HESM) Revenue (2018 - 2026) Analysis & Trends

Hess Midstream's Revenue history runs 9 years deep, the most recent figure standing at $388.7 million for Q1 2026.

  • In Q1 2026, Revenue rose 2.02% year-over-year to $388.7 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 7.32% YoY), while the FY2025 annual figure was $1.6 billion, up 8.41% from the prior year.
  • Revenue was $388.7 million for Q1 2026 at Hess Midstream, down from $407.2 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $420.9 million in Q3 2025 to a low of $305.0 million in Q1 2023.
  • Historically, Revenue has averaged $360.3 million across 5 years, with a median of $362.5 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Revenue dropped 2.27% in 2023, then increased 16.59% in 2024.
  • A 5-year view of Revenue shows it 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.
  • The last three Revenue figures came in at $388.7 million (Q1 2026), $407.2 million (Q4 2025), and $420.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 16.30 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 14.39 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 4.83 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 27.77 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 3.04 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 4.09 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 9.62 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.99 Bn
10 Hess Midstream 4.98 Bn 4.97 Bn - 388.70 Mn

Historic Data

Download Data
DateValue
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