We investigate higher-order Weyl semimetals (HOWSMs) having bulk Weyl nodes attached to both surface and hinge Fermi arcs. We identify a new type of Weyl node, that we dub a $2nd$ order Weyl node, that can be identified as a transition in momentum space in which both the Chern number and a higher order topological invariant change. As a proof of concept we use a model of stacked higher order quadrupole insulators to identify three types of WSM phases: $1st$-order, $2nd$-order, and hybrid-order. The model can also realize type-II and hybrid-tilt WSMs with various surface and hinge arcs. Moreover, we show that a measurement of charge density in the presence of magnetic flux can help identify some classes of $2nd$ order WSMs. Remarkably, we find that coupling a $2nd$-order Weyl phase with a conventional $1st$-order one can lead to a hybrid-order topological insulator having coexisting surface cones and flat hinge arcs that are independent and not attached to each other. Finally, we show that periodic driving can be utilized as a way for generating HOWSMs. Our results are relevant to metamaterials as well as various phases of Cd$_3$As$_2$, KMgBi, and rutile-structure PtO$_2$ that have been predicted to realize higher order Dirac semimetals.
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