Antero Midstream Corp
AM- Exchange
- NYSE
- Industry
- Natural Gas Transmission
- SEC CIK
- 0001623925
No open-market purchases or sales by Antero Midstream Corp insiders were filed in the last 90 days; 538 institutions reported holding it in 13F filings for Q2 2026, worth $6.49B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 29, 2026, 1:14 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 11, 2026 | Feb 12, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 16, 2022 |
| Revenue | $1.19B | $1.11B | $1.04B | $920.0M | $898.2M |
| Operating expenses | $543.8M | $447.0M | $429.9M | $380.5M | $342.9M |
| Selling, general and administrative | $87.9M | $86.1M | $71.1M | $62.1M | $63.8M |
| Operating income | $644.7M | $659.2M | $611.9M | $539.5M | $555.3M |
| Income tax | $151.0M | $147.7M | $128.3M | $117.5M | $117.1M |
| Net income | $413.2M | $400.9M | $371.8M | $326.2M | $331.6M |
| EPS, basic | $0.86 | $0.83 | $0.77 | $0.68 | $0.69 |
| EPS, diluted | $0.86 | $0.83 | $0.77 | $0.68 | $0.69 |
| Weighted shares, basic | 477.9M | 480.8M | 479.4M | 478.2M | 477.3M |
| Weighted shares, diluted | 482.2M | 485.2M | 482.4M | 480.3M | 479.7M |
| Margins and growth | |||||
| Operating margin | 54.2% | 59.6% | 58.7% | 58.6% | 61.8% |
| Net margin | 34.8% | 36.2% | 35.7% | 35.5% | 36.9% |
| Revenue growth, year over year | +7.4% | +6.2% | +13.2% | +2.4% | −0.3% |
| Net income growth, year over year | +3.1% | +7.8% | +14.0% | −1.6% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 11, 2026 | Feb 12, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 16, 2022 |
| Cash and equivalents | $180.4M | – | $66.0K | – | – |
| Accounts receivable | – | – | – | $575.0K | $747.0K |
| Total current assets | $379.9M | $118.1M | $91.1M | $89.0M | $83.8M |
| Property, plant and equipment | $3.45B | $3.88B | $3.79B | $3.75B | $3.39B |
| Intangible assets | $1.07B | $1.14B | $1.22B | $1.29B | $1.36B |
| Total assets | $5.88B | $5.76B | $5.74B | $5.79B | $5.54B |
| Accounts payable | – | – | – | $22.9M | $23.6M |
| Total current liabilities | $111.5M | $100.6M | $96.4M | $102.1M | $114.0M |
| Long-term debt | $3.22B | $3.12B | $3.21B | $3.36B | $3.12B |
| Total liabilities | $3.91B | $3.65B | $3.59B | $3.60B | $3.26B |
| Shareholders' equity | $1.97B | $2.12B | $2.15B | $2.19B | $2.29B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 11, 2026 | Feb 12, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 16, 2022 |
| Operating cash flow | $932.5M | $844.0M | $779.1M | $699.6M | $709.8M |
| Capital expenditures | – | $70.0M | $266.0K | $216.7M | – |
| Free cash flow | – | $774.0M | $778.8M | $482.9M | – |
| Stock-based compensation | $46.0M | $44.3M | $31.6M | $19.7M | $13.5M |
| Dividends paid | $439.0M | $437.6M | $434.8M | $432.8M | $471.2M |
| Share buybacks | $135.0M | $28.7M | – | – | – |
| Investing cash flow | -$169.2M | -$242.7M | -$183.2M | -$493.8M | -$233.2M |
| Financing cash flow | -$500.3M | -$601.3M | -$595.8M | -$205.8M | -$477.1M |
| Net change in cash | $262.9M | -$66.0K | $66.0K | – | -$640.0K |
| Ratio | |||||
| Stock-based compensation, % of revenue | 3.9% | 4.0% | 3.0% | 2.1% | 1.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 472.3M | −0.8% | SEC |
| Jul 24, 2026 | 474.7M | −0.8% | SEC |
| Apr 24, 2026 | 475.0M | −0.9% | SEC |
| Feb 6, 2026 | 473.1M | −1.2% | SEC |
| Oct 24, 2025 | 476.3M | −1.0% | SEC |
| Jul 25, 2025 | 478.5M | −0.6% | SEC |
| Apr 25, 2025 | 479.2M | −0.4% | SEC |
| Feb 7, 2025 | 478.6M | −0.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.