What does gathering — revenue (gross) mean?

This metric represents the total revenue generated from gathering and compression services provided to upstream energy producers, inclusive of any associated taxes collected from customers. It reflects the core income stream derived from the physical transportation and processing of natural gas and natural gas liquids through the company's midstream infrastructure network. This revenue is typically driven by volume-based throughput fees and long-term service agreements within the Appalachian Basin.

Antero Midstream Corporation (AM) Gathering — Revenue (Gross)

Screener

Other product segments

Compression

$72.48M+6.6%

Gathering High Pressure

$61.3M-8.5%

Other Fluid Handling

$45.36M+29.0%

Fresh Water Delivery

$33.18M-15.1%

Similar metrics at other companies

EPSNGas Gathering — Revenue (Gross)

$2.1M-14.4%

EPSNGas Gathering And Compression — Revenue (Gross)

$1.66M-12.4%

HES

HESMWater Gathering And Disposal Services — Revenue (Gross)

$32M-5.9%

WTOther Revenues — Revenue (Gross)

$19.53M+108%

GENCOther Revenues — Revenue (Gross)

$474K-6.1%

ATLCInterchange Revenues Other Revenue — Revenue (Gross)

$15.07M+152%

Other financials

Income statement

See full

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

See full

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

See full

Market cap$10.04B+12.4%

P/E25.1×+5.5×

P/S8.1×+0.4×

Profitability

See full

Operating margin52.8%-8.2pp

Net margin32.4%-7.1pp

FCF margin70%-4.8pp

Returns & leverage

See full

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:RevenueFromContractWithCustomerIncludingAssessedTax.

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)	Three Months Ended June 30, 2025	Three Months Ended June 30, 2026	Six Months Ended June 30, 2025	Six Months Ended June 30, 2026
Reportable segment / Type of service
Gathering and Processing (1)
Gathering	$113,890	137,734	222,895	263,490
Compression	68,017	72,476	133,091	142,921
High pressure gathering	66,994	61,297	130,932	127,390
Amortization of customer relationships	(9,272)	(13,784)	(18,543)	(26,168)
Water Handling
Fresh water delivery	39,066	33,182	80,275	66,501

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Antero Midstream Corporation's gathering — revenue (gross)?: Antero Midstream Corporation (AM) reported gathering — revenue (gross) of $137.73M in Q2 2026.
What does gathering — revenue (gross) mean?: This metric represents the total revenue generated from gathering and compression services provided to upstream energy producers, inclusive of any associated taxes collected from customers. It reflects the core income stream derived from the physical transportation and processing of natural gas and natural gas liquids through the company's midstream infrastructure network. This revenue is typically driven by volume-based throughput fees and long-term service agreements within the Appalachian Basin.