Antero Midstream Corporation
anteromidstream.comHow Do They Make Money?
Sources
-
10-K for FY2025, filed Feb 11, 2026
FY2025 revenue by reportable segment ↗
Revenue, FY2025
$1.2B
Sources
-
10-K for FY2025, filed Feb 11, 2026
$1.2B ↗
| Segment | Share | Revenue |
|---|---|---|
|
Gathering and Processing
|
80%
FY2022: 77%
|
Gathering and Processing, FY2025
$950.2M Sources
|
|
Water Handling
|
20%
FY2022: 23%
|
Water Handling, FY2025
$238.2M Sources
|
Do Revenues Turn Into Profits?
Yes. It kept 35 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Feb 11, 2026
Sources
How Are They Changing?
Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
- Net income
-
Sources
10-Q for Q2 FY2026, filed Jul 29, 2026
$113.5MView ↗
- ▼ −9%
- vs $124.5M in Q2 FY2025
Gathering and Processing share of revenue
vs 78.5% in Q2 FY2025
Sources
10-Q for Q2 FY2026, filed Jul 29, 2026
Open tableView ↗
Growing. Revenue grew 32% in 4 years, from $898.2M in FY2021 to $1.2B in FY2025, about 7% a year.
Revenue over time
Gathering and Processing
Water Handling
$2B$1B$0
$712.7M
$706.2M
$805.3M
$889M
$950.2M
100%50%0%
79%
21%
77%
23%
77%
23%
80%
20%
80%
20%
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