Hess Midstream LP income statement
In fiscal 2025, Hess Midstream LP reported revenue of $1.62bn, up 8.4% on the year before, operating income of $1.01bn (a 62.2% margin) and net income of $353m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 580 | 713 | 848 | 1,092 | 1,204 | 1,275 | 1,349 | 1,496 | 1,621 | 1,614 |
| General and administrative | 14 | 14 | 52 | 21 | 23 | 23 | 26 | 26 | 29 | 26 |
| Operating income | 263 | 378 | 377 | 577 | 727 | 791 | 817 | 919 | 1,008 | 1,002 |
| Income before tax | 242 | 326 | 318 | 492 | 632 | 647 | 646 | 731 | 798 | 796 |
| Income tax | — | — | −0 | 7 | 15 | 27 | 38 | 72 | 114 | 121 |
| Net income | 41 | 71 | 70 | 24 | 46 | 84 | 119 | 223 | 353 | 375 |
| EBITDA | 380 | 505 | 519 | 733 | 893 | 973 | 1,009 | 1,122 | 1,222 | 1,226 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 379 | 396 | 382 | 414 | 421 | 404 | 390 | 399 |
| General and administrative | 6 | 9 | 8 | 8 | 7 | 6 | 8 | 6 |
| Operating income | 232 | 243 | 237 | 260 | 259 | 252 | 238 | 253 |
| Income before tax | 184 | 195 | 184 | 209 | 207 | 198 | 186 | 205 |
| Income tax | 19 | 23 | 23 | 29 | 32 | 30 | 28 | 31 |
| Net income | 59 | 70 | 72 | 90 | 98 | 93 | 88 | 96 |
| EBITDA | 283 | 294 | 289 | 312 | 316 | 306 | 297 | 308 |
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