Hess Midstream LP (HESM) FY2026 Q2 P&L / Income Statement

Revenue by Business Segment

2026-04-01 to 2026-06-30

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Hess Midstream LP (HESM) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETGathering OpcoProcessing and StorageTerminaling and ExportTotal revenuesIncome from operationsTotal operating costs and expensesOperating and maintenance expenses (exclusive of depreciation shown separately below)Depreciation expenseGeneral and administrative expensesIncome before income tax expenseOther income (expense), net (calculated)Net incomeIncome tax expenseIncome before income tax expenseIncome beforeincome tax expense$204.80 MTotal revenuesTotal revenues$399.00 MIncome from operationsIncome from operations$253.20 MNet incomeNet income$173.70 MGathering OpcoGathering Opco$209.80 MIncome tax expenseIncome tax expense$31.10 MTotal operating costs and expensesTotal operatingcosts and expenses$145.80 MProcessing and StorageProcessing and Storage$151.30 MOperating and maintenance expenses (exclusive of depreciation shown separately below)Operating andmaintenance expenses$85.90 MOther income (expense), net (calculated)Other income,net (calculated)−$48.40 MTerminaling and ExportTerminaling and Export$37.90 MDepreciation expenseDepreciation expense$54.40 MGeneral and administrative expensesGeneral andadministrative expenses$5.50 M
Chart details

Hess Midstream LP (HESM) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
399,000,000 US dollars
Total operating costs and expenses
145,800,000 US dollars
Income from operations
253,200,000 US dollars
Other income (expense), net (calculated)
negative 48,400,000 US dollars
Income before income tax expense
204,800,000 US dollars
Income tax expense
31,100,000 US dollars
Net income
173,700,000 US dollars
Gathering Opco
209,800,000 US dollars
Processing and Storage
151,300,000 US dollars
Terminaling and Export
37,900,000 US dollars
Operating and maintenance expenses (exclusive of depreciation shown separately below)
85,900,000 US dollars
Depreciation expense
54,400,000 US dollars
General and administrative expenses
5,500,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to Hess Midstream LP: $96.40 M; to noncontrolling interests: $77.30 M.
Hess Midstream LP (HESM) FY2026 Q2 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

63.5%

Operating profit / revenue

Cash conversion

160.4%

Operating cash / net income, same period

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