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Antero Midstream Corporation AM Gathering And Compression — Operating Income

Other segment segments

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-$2.86M-147%

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Other financials

Income statement

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Revenue$327.2M+7.1%
Operating income$181.9M-2.4%
Net income$113.5M-8.8%
EPS (diluted)$0.24-7.7%

Balance sheet

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Cash & equivalents$180.4M
Total debt$3.6B+19.4%
Total equity$1.9B-6.8%
Total assets$6.4B+11.1%

Cash flow

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Operating cash flow$254.2M-4.1%
CapEx$68.6M+2,286,100%
Free cash flow$232.7M+11.7%

Valuation

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Market cap$10.04B+12.4%
P/E25.1×+5.5×
P/S8.1×+0.4×

Profitability

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Operating margin52.8%-8.2pp
Net margin32.4%-7.1pp
FCF margin70%-4.8pp

Returns & leverage

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Return on equity19.8%-1.8pp
Debt / equity1.9×+0.4×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by Antero Midstream Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Antero Midstream Corporation’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088150
(in thousands)Gathering and / ProcessingWater / HandlingUnallocated (1)Consolidated / Total
Facility idling287287
Depreciation18,88418,49437,378
Impairment of property and equipment133133
Other (2)454454
Total operating expenses70,10272,3792,854145,335
Operating income (loss)$187,621(2,858)(2,854)181,909
Equity in earnings of unconsolidated affiliates$28,52528,525
Additions to property and equipment$35,40117,34252,743

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Antero Midstream Corporation's gathering and compression — operating income?
Antero Midstream Corporation (AM) reported gathering and compression — operating income of $187.62M in Q2 2026.
How has Antero Midstream Corporation's gathering and compression — operating income changed year-over-year?
Antero Midstream Corporation's gathering and compression — operating income increased by 2.9% year-over-year, from $182.27M to $187.62M.
What is the long-term trend for Antero Midstream Corporation's gathering and compression — operating income?
Over 4 years (2021 to 2025), Antero Midstream Corporation's gathering and compression — operating income has grown at a 3.9% compound annual growth rate (CAGR), from $542.36M to $631.41M.
What does gathering and compression — operating income mean?
This metric represents the operating profit or loss generated by the gathering and compression business segment after deducting operating expenses from segment revenues. It reflects the core operational efficiency and profitability of the midstream infrastructure assets before interest, taxes, and corporate-level allocations.

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