Antero Midstream financials
$20.25−2.17%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.11B | $1.04B | $990.7M | $968.9M | $900.7M | $792.6M |
| Gross profit | $956.5M | $888.2M | $828.6M | $810.2M | $740.6M | $735.2M | $596.6M |
| Gross margin | 80.5% | 80.3% | 79.5% | 81.8% | 76.4% | 81.6% | 75.3% |
| Operating income | $639.7M | $660.1M | $618.9M | $537.8M | $559.0M | -$114.7M | -$398.5M |
| Net income | $413.2M | $400.9M | $371.8M | $326.2M | $331.6M | -$123.1M | -$355.6M |
| Net margin | 34.8% | 36.2% | 35.7% | 32.9% | 34.2% | −13.7% | −44.9% |
| Diluted EPS | $0.86 | $0.83 | $0.77 | $0.68 | $0.69 | $-0.26 | $-0.80 |
| EBITDA | $937.5M | $871.1M | $825.8M | $743.9M | $743.5M | $738.4M | $516.0M |
| Operating cash flow | $932.5M | $844.0M | $779.1M | $699.6M | $709.8M | $753.4M | $577.8M |
| Free cash flow | $770.2M | $601.7M | $595.1M | $184.0M | $476.9M | — | — |
| Diluted shares | 482.2M | 485.2M | 482.4M | 480.3M | 479.7M | 478.3M | 442.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $180.4M | $0.00 | $66.0K | $0.00 | — | $640.0K |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $3.22B | $3.12B | $3.21B | $3.36B | $3.12B | $3.09B |
| Total assets | $5.88B | $5.76B | $5.74B | $5.79B | $5.54B | $5.61B |
| Total liabilities | $3.91B | $3.65B | $3.59B | $3.60B | $3.26B | $3.19B |
| Shareholders' equity | $1.97B | $2.12B | $2.15B | $2.19B | $2.29B | $2.42B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology