WES Q3 2025 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q3 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$952M+7.8% YoY

Gross Profit

$689M72.3% margin

Operating Income

$442M46.4% margin

Net Income

$332M34.8% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$582M

Free Cash Flow

$397M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.1B

Total Liabilities

$8.8B

Stockholders' Equity

$3.2B

Cash & Equivalents

$177M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$952M	$883M	+7.8%
Gross Profit	$689M	$685M	+0.6%
Operating Income	$442M	$396M	+11.5%
Net Income	$332M	$288M	+15.0%

Revenue Segments

Service Fee Based

$868M91%

Product

$50M5%

Service Product Based

$34M4%

Product and Service, Other

$183,0000%