Antero Midstream Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,212	1,188	1,106	1,042	919.99	898.2
Revenue Growth (YoY)	8.34%	7.43%	6.18%	13.24%	2.43%	-0.28%
Cost of Revenue	245.78	231.91	217.98	213.17	180.25	157.12
Gross Profit	965.73	956.52	888.22	828.61	739.73	741.08
Selling, General & Admin	87.26	87.93	86.09	71.07	62.13	63.84
Depreciation & Amortization Expenses	136.2	134.31	140	136.06	131.76	108.79
Other Operating Expenses	86.22	89.6	2.97	9.62	6.38	13.13
Total Operating Expenses	309.67	311.85	229.05	216.74	200.27	185.76
Operating Income	656.06	644.67	659.17	611.86	539.47	555.33
Interest Expense	-196.02	-190.4	-207.03	-217.25	-189.95	-175.28
Other Non-Operating Income (Expense)	103.23	109.93	96.48	105.46	94.22	68.69
Total Non-Operating Income (Expense)	-92.79	-80.47	-110.55	-111.79	-95.73	-106.59
Pretax Income	563.27	564.2	548.62	500.07	443.74	448.74
Provision for Income Taxes	152.58	151.03	147.73	128.29	117.49	117.12
Net Income	410.69	413.16	400.89	371.79	326.24	331.62
Net Income to Common	410.69	413.16	400.89	371.79	326.24	331.62
Net Income Growth	-1.68%	3.06%	7.83%	13.96%	-1.62%	-
Shares Outstanding (Basic)	477	478	481	479	478	477
Shares Outstanding (Diluted)	481	482	485	482	480	480
Shares Change (YoY)	-0.96%	-0.63%	0.60%	0.43%	0.12%	0.30%
EPS (Basic)	0.86	0.86	0.83	0.77	0.68	0.69
EPS (Diluted)	0.86	0.86	0.83	0.77	0.68	0.69
EPS Growth	-1.15%	3.61%	7.79%	13.23%	-1.45%	-
Shares Outstanding	475.03	474.06	479.42	479.71	478.5	477.5
Free Cash Flow	617.79	770.21	671.65	595.33	400.68	476.93
Free Cash Flow Growth	-19.79%	14.67%	12.82%	48.58%	-15.99%	-14.32%
Free Cash Flow Per Share	1.29	1.60	1.38	1.23	0.83	0.99
Dividends Per Share	0.900	0.900	0.900	0.900	0.900	0.900
Dividend Growth	-	-	-	-	-	-26.83%
Gross Margin	79.71%	80.49%	80.29%	79.54%	80.41%	82.51%
Operating Margin	54.15%	54.25%	59.59%	58.73%	58.64%	61.83%
Profit Margin	33.90%	34.77%	36.24%	35.69%	35.46%	36.92%
FCF Margin	50.99%	64.81%	60.72%	57.15%	43.55%	53.10%
EBITDA	832.74	849.65	869.84	818.59	741.9	734.79
EBITDA Margin	68.74%	71.49%	78.63%	78.58%	80.64%	81.81%
EBIT	656.06	644.67	659.17	611.86	539.47	555.33
EBIT Margin	54.15%	54.25%	59.59%	58.73%	58.64%	61.83%
Effective Tax Rate	27.09%	26.77%	26.93%	25.65%	26.48%	26.10%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q