Antero Midstream Corp income statement
In fiscal 2025, Antero Midstream Corp reported revenue of $1.19bn, up 7.4% on the year before, operating income of $645m (a 54.2% margin) and net income of $413m, or $0.86 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 17 | 70 | 143 | 793 | 901 | 898 | 920 | 1,042 | 1,106 | 1,188 | 1,265 |
| General and administrative | — | 1 | 41 | 44 | 118 | 52 | 64 | 62 | 71 | 86 | 88 | 87 |
| Operating income | — | 16 | −41 | −44 | −398 | −118 | 555 | 539 | 612 | 659 | 645 | 1,028 |
| Net interest income | — | — | — | −0 | −110 | −147 | −175 | −190 | −217 | — | — | — |
| Income before tax | 1 | 16 | 29 | 99 | −458 | −178 | 449 | 444 | 500 | 549 | 564 | 920 |
| Income tax | 0 | 6 | 26 | 32 | −102 | −56 | 117 | 117 | 128 | 148 | 151 | 244 |
| Net income | 1 | 10 | 5 | 61 | −356 | −123 | 331 | 326 | 371 | 400 | 413 | 676 |
| Diluted EPS | — | — | $0.03 | $0.33 | −$0.80 | −$0.26 | $0.69 | $0.68 | $0.77 | $0.83 | $0.86 | $1.41 |
| Diluted shares (average) | — | — | 186m | 186m | 443m | 478m | 480m | 480m | 482m | 485m | 482m | 478m |
| EBITDA | — | — | — | — | −303 | −9 | 664 | 671 | 748 | 799 | 779 | 1,172 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 287 | 291 | 305 | 295 | 297 | 314 | 327 | 327 |
| General and administrative | 21 | 23 | 22 | 21 | 21 | 22 | 23 | 21 |
| Operating income | 178 | 177 | 186 | 180 | 101 | 189 | 182 | 557 |
| Income before tax | 156 | 157 | 168 | 162 | 77 | 156 | 154 | 533 |
| Income tax | 45 | 36 | 44 | 46 | 25 | 38 | 41 | 140 |
| Net income | 111 | 121 | 124 | 116 | 52 | 118 | 113 | 393 |
| Diluted EPS | $0.23 | $0.25 | $0.26 | $0.24 | $0.11 | $0.25 | $0.24 | $0.82 |
| EBITDA | 211 | 210 | 220 | 215 | 134 | 223 | 219 | 595 |
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