Filing Flows › Western Midstream Partners, LP (WES) › Operating margin
Western Midstream Partners, LP (WES) operating margin by quarter
Western Midstream Partners, LP's operating margin was 38.6% in Q3 2026 (third quarter 2026), -4.4 pts from Q2 2026. Over the last 5 quarters it ranged from 38.6% (Q3 2026) to 47.2% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 38.6% | -4.4 pts | — |
| Q2 2026 | 43.0% | +1.2 pts | -4.2 pts |
| Q1 2026 | 41.8% | -5.4 pts | -2.9 pts |
| Q2 2025 | 47.2% | +2.5 pts | — |
| Q1 2025 | 44.7% | — | — |
Q3 2026 at a glance
Western Midstream Partners, LP, Q3 2026: revenue $1.2B (+25% year over year), operating margin 38.6%, net earnings $332M. The chart follows the revenue to costs, profit and cash.
Questions
What is Western Midstream Partners, LP's operating margin?
Western Midstream Partners, LP's operating margin was 38.6% in Q3 2026 (third quarter 2026), -4.4 pts from Q2 2026.
How has Western Midstream Partners, LP's operating margin changed?
Over the last 5 quarters it ranged from 38.6% (Q3 2026) to 47.2% (Q2 2025).
Q3 2026 results → · How Western Midstream Partners, LP makes money →