Antero Midstream Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,188	1,106	1,042	919.99	898.2
Revenue Growth (YoY)	7.43%	6.18%	13.24%	2.43%	-0.28%
Cost of Revenue	231.91	217.98	213.17	180.25	157.12
Gross Profit	956.52	888.22	828.61	739.73	741.08
Selling, General & Admin	87.93	86.09	71.07	62.13	63.84
Depreciation & Amortization Expenses	134.31	140	136.06	131.76	108.79
Other Operating Expenses	89.6	2.97	9.62	6.38	13.13
Total Operating Expenses	311.85	229.05	216.74	200.27	185.76
Operating Income	644.67	659.17	611.86	539.47	555.33
Interest Expense	-190.4	-207.03	-217.25	-189.95	-175.28
Other Non-Operating Income (Expense)	109.93	96.48	105.46	94.22	68.69
Total Non-Operating Income (Expense)	-80.47	-110.55	-111.79	-95.73	-106.59
Pretax Income	564.2	548.62	500.07	443.74	448.74
Provision for Income Taxes	151.03	147.73	128.29	117.49	117.12
Net Income	413.16	400.89	371.79	326.24	331.62
Net Income to Common	413.16	400.89	371.79	326.24	331.62
Net Income Growth	3.06%	7.83%	13.96%	-1.62%	-
Shares Outstanding (Basic)	478	481	479	478	477
Shares Outstanding (Diluted)	482	485	482	480	480
Shares Change (YoY)	-0.63%	0.60%	0.43%	0.12%	0.30%
EPS (Basic)	0.86	0.83	0.77	0.68	0.69
EPS (Diluted)	0.86	0.83	0.77	0.68	0.69
EPS Growth	3.61%	7.79%	13.23%	-1.45%	-
Free Cash Flow	770.21	671.65	595.33	400.68	476.93
Free Cash Flow Growth	14.67%	12.82%	48.58%	-15.99%	-14.32%
Free Cash Flow Per Share	1.60	1.38	1.23	0.83	0.99
Dividends Per Share	0.900	0.900	0.900	0.900	0.900
Dividend Growth	-	-	-	-	-26.83%
Gross Margin	80.49%	80.29%	79.54%	80.41%	82.51%
Operating Margin	54.25%	59.59%	58.73%	58.64%	61.83%
Profit Margin	34.77%	36.24%	35.69%	35.46%	36.92%
FCF Margin	64.81%	60.72%	57.15%	43.55%	53.10%
EBITDA	849.65	869.84	818.59	741.9	734.79
EBITDA Margin	71.49%	78.63%	78.58%	80.64%	81.81%
EBIT	644.67	659.17	611.86	539.47	555.33
EBIT Margin	54.25%	59.59%	58.73%	58.64%	61.83%
Effective Tax Rate	26.77%	26.93%	25.65%	26.48%	26.10%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q