Filing Flows › Hess Midstream LP (HESM) › Operating margin
Hess Midstream LP (HESM) operating margin by quarter
Hess Midstream LP's operating margin was 64.0% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026. Over the last 7 quarters it ranged from 61.0% (Q1 2026) to 64.0% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 64.0% | +0.5 pts | +2.5 pts |
| Q2 2026 | 63.5% | +2.4 pts | +0.6 pts |
| Q1 2026 | 61.0% | -1.2 pts | -1.1 pts |
| Q4 2025 | 62.2% | +0.7 pts | — |
| Q3 2025 | 61.5% | -1.3 pts | — |
| Q2 2025 | 62.8% | +0.7 pts | — |
| Q1 2025 | 62.1% | — | — |
Q3 2026 at a glance
Hess Midstream LP, Q3 2026: revenue $410M (-3% year over year), operating margin 64.0%, net earnings $99.4M, operating cash flow $268M. The chart follows the revenue to costs, profit and cash.
Questions
What is Hess Midstream LP's operating margin?
Hess Midstream LP's operating margin was 64.0% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026.
How has Hess Midstream LP's operating margin changed?
Over the last 7 quarters it ranged from 61.0% (Q1 2026) to 64.0% (Q3 2026).