Hess Midstream (HESM) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.75
- EPS estimate
- $0.67
- EPS surprise
- +11.67%
- Revenue surprise
- +0.77%
- Revenue
- $399.0M
- Revenue estimate
- $396.0M
- Reported
- Aug 3, 2026
Hess Midstream reported Q2 2026 results on August 3, 2026. Earnings per share were $0.75, ahead of the $0.67 estimate by 11.67%. Revenue was $399.0 million, about 0.8% above the $396.0 million consensus. Against Q2 2025, EPS edged up about 1% from $0.74, while revenue slipped about 3.7% from $414.2 million.
Annual EPS rose from $2.01 in 2022 to $2.09 in 2023, $2.49 in 2024 and $2.86 in 2025, a gain of about 42% over three years. Revenue grew about 27% over the same span, to $1.62 billion in 2025. The first half of 2026 adds up to $1.43 per share, against $1.39 a year earlier. Q2 2026 ties Q3 2025 for the highest quarterly EPS in the table at $0.75, while the revenue high is Q3 2025's $420.9 million. Hess Midstream beat EPS estimates in 11 of the last 20 quarters, including each of the last seven.
Q3 results have been reported between October 25 and November 3 in each of the last four years, which points to late October or early November 2026 for the next report. It will show whether quarterly revenue moves back toward the $420 million level seen in Q3 2025.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 3, 2026 | $0.67 | $0.75 | +11.67% | $399.0M | SEC |
| Q1 2026 | May 4, 2026 | $0.67 | $0.68 | +2.01% | $390.1M | SEC |
| Q4 2025 | Feb 2, 2026 | $0.72 | $0.72 | +0.63% | $404.2M | SEC |
| Q3 2025 | Nov 3, 2025 | $0.73 | $0.75 | +2.61% | $420.9M | SEC |
| Q2 2025 | Jul 30, 2025 | $0.65 | $0.74 | +13.08% | $414.2M | SEC |
| Q1 2025 | Apr 30, 2025 | $0.62 | $0.65 | +5.21% | $382.0M | SEC |
| Q4 2024 | Jan 29, 2025 | $0.68 | $0.68 | +0.58% | $395.9M | SEC |
| Q3 2024 | Oct 30, 2024 | $0.66 | $0.63 | −4.17% | $378.5M | SEC |
| Q2 2024 | Jul 31, 2024 | $0.63 | $0.59 | −6.91% | $365.5M | SEC |
| Q1 2024 | Apr 25, 2024 | $0.64 | $0.59 | −7.55% | $355.6M | SEC |
| Q4 2023 | Jan 31, 2024 | $0.63 | $0.55 | −12.29% | $356.5M | SEC |
| Q3 2023 | Oct 25, 2023 | $0.58 | $0.57 | −1.08% | $363.1M | SEC |
| Q2 2023 | Jul 26, 2023 | $0.48 | $0.50 | +4.41% | $324.0M | SEC |
| Q1 2023 | Apr 26, 2023 | $0.51 | $0.47 | −8.22% | $305.0M | SEC |
| Q4 2022 | Jan 25, 2023 | $0.54 | $0.49 | −9.93% | $314.6M | SEC |
| Q3 2022 | Oct 26, 2022 | $0.52 | $0.53 | +0.97% | $334.8M | SEC |
| Q2 2022 | Jul 27, 2022 | $0.50 | $0.50 | +0.60% | $313.4M | SEC |
| Q1 2022 | Apr 27, 2022 | $0.52 | $0.49 | −5.42% | $312.4M | SEC |
| Q4 2021 | Jan 26, 2022 | $0.59 | $0.51 | −13.66% | $316.3M | SEC |
| Q3 2021 | Oct 27, 2021 | $0.37 | $0.38 | +1.96% | $303.9M | SEC |
Quarterly revenue
Frequently asked questions
When did Hess Midstream (HESM) last report earnings?
Hess Midstream last reported on Aug 3, 2026, covering fiscal Q2 2026.
Did HESM beat earnings estimates?
Yes. Hess Midstream reported EPS of $0.75 for Q2 2026 against a $0.67 estimate — a 11.67% beat.
How much revenue did HESM report last quarter?
Hess Midstream reported $399.0M in revenue for Q2 2026, against a consensus estimate of $396.0M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
