Filing Flows › Western Midstream Partners, LP (WES) › How it makes money
How Western Midstream Partners, LP (WES) makes money
Western Midstream Partners, LP (WES) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Of every dollar of revenue, 39¢ was left as operating profit, 28¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.2B | 100.0% |
| Operating profit | $462M | 38.6% |
| Income tax | $6.8M | 0.6% |
| Net earnings | $332M | 27.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.2B | +25% |
| Q2 2026 | $1.2B | +30% |
| Q1 2026 | $1.1B | +22% |
| Q2 2025 | $942M | +4% |
| Q1 2025 | $917M | +3% |
From Western Midstream Partners, LP's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Western Midstream Partners, LP make money?
Western Midstream Partners, LP (WES) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Of every dollar of revenue, 39¢ was left as operating profit, 28¢ was left as net earnings.
What is Western Midstream Partners, LP's profit margin?
Net earnings were $332M, 27.8% of revenue, in the third quarter 2026; the operating margin was 38.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.