WES Q2 2025 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q2 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$942M+4.1% YoY

Gross Profit

$728M77.2% margin

Operating Income

$444M47.2% margin

Net Income

$342M36.3% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$567M

Free Cash Flow

$388M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.2B

Total Liabilities

$8.8B

Stockholders' Equity

$3.2B

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$942M	$906M	+4.1%
Gross Profit	$728M	$688M	+5.7%
Operating Income	$444M	$470M	-5.4%
Net Income	$342M	$379M	-9.8%

Revenue Segments

Service Fee Based

$851M90%

Service Product Based

$50M5%

Product

$40M4%

Product and Service, Other

$181,0000%