Hess Midstream (HESM) Revenue (2018 - 2026)
Hess Midstream (HESM) posted Revenue of $410.1 million for Q3 2026, down 2.6% from $420.9 million a year earlier but up 2.8% from the prior quarter.
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Analysis
Hess Midstream (HESM) Revenue (2018 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Revenue at Hess Midstream was $1.6 billion, down 0.6% 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 $305 million in Q1 2023 to a high of $420.9 million in Q3 2025 over five years.
- On a year-over-year basis, Revenue increased in six of the last eight quarters, with growth averaging 5.1%.
- 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 $399 million (Q2 2026), $390.1 million (Q1 2026) and $404.2 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 15.06 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 3.22 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 17.95 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 4.53 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 37.10 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 5.60 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 6.17 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 3.61 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 410.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 410.10 Mn |
| 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 |
API Access
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_KEYimport 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();