Operating Income
Operating Income
Western Midstream Partners Operating Income increased by 53.6% to $469.19M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.5%, from $409.8M to $469.19M. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 4.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026
How to read this metric
Higher operating income indicates strong operational performance and effective cost control.
Detailed definition
Calculated as total revenue minus all operating expenses, representing the profit generated from core business activitie...
Peer comparison
Standard metric; peers in the midstream sector use this as a key performance indicator for operational health.
Metric ID:
operating_incomeHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $334.95M | $383.27M | $325.72M | $404.82M | $397.39M | $357.02M | $428.66M | $290.21M | $336.67M | $360.76M | $391.92M | $679.37M | $469.75M | $395.87M | $425.74M | $409.8M | $444.48M | $441.56M | $305.56M | $469.19M |
| QoQ Change | — | +14.4% | -15.0% | +24.3% | -1.8% | -10.2% | +20.1% | -32.3% | +16.0% | +7.2% | +8.6% | +73.3% | -30.9% | -15.7% | +7.5% | -3.7% | +8.5% | -0.7% | -30.8% | +53.6% |
| YoY Change | — | — | — | — | +18.6% | -6.8% | +31.6% | -28.3% | -15.3% | +1.0% | -8.6% | +134.1% | +39.5% | +9.7% | +8.6% | -39.7% | -5.4% | +11.5% | -28.2% | +14.5% |
Range$290.21M – $679.37M
CAGR+7.4%
Avg YoY Growth+8.6%
Median YoY Growth+4.8%
Operating Income at Other Companies
Frequently Asked Questions
- What is Western Midstream Partners's operating income?
- Western Midstream Partners (WES) reported operating income of $469.19M in Q1 2026.
- How has Western Midstream Partners's operating income changed year-over-year?
- Western Midstream Partners's operating income increased by 14.5% year-over-year, from $409.8M to $469.19M.
- What is the long-term trend for Western Midstream Partners's operating income?
- Over 4 years (2021 to 2025), Western Midstream Partners's operating income has grown at a 4.6% compound annual growth rate (CAGR), from $1.34B to $1.6B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes are considered.