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WES Q4 2025 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena
WES
Western Midstream Partners, LP
$17B
Q4 2025 Earnings
Energy
Oil & Gas Midstream
Income Statement
Revenue
$1.0B
+11.1% YoY
Gross Profit
$510M
49.4% margin
Operating Income
$290M
28.1% margin
Net Income
$187M
18.1% margin
EPS (Diluted)
$0.47
QoQ Revenue Growth
+8.3%
Cash Flow
Operating Cash Flow
$563M
Free Cash Flow
$341M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$15.0B
Total Liabilities
$10.8B
Stockholders' Equity
$4.0B
Cash & Equivalents
$819M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.0B
$929M
+11.1%
Gross Profit
$510M
$726M
-29.8%
Operating Income
$290M
$426M
-31.9%
Net Income
$187M
$334M
-43.9%
Revenue Segments
Service Fee Based
$910M
88%
Product
$70M
7%
Service Product Based
$50M
5%
Product and Service, Other
$1M
0%
← FY 2025
All Quarters