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Discontinued — last reported Q2 '26

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Segments

By segment

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Gathering And Compression$13.78M+48.7%
Water Handling$9.02M+7.4%

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:AmortizationOfIntangibleAssets.

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
Line itemThree Months Ended June 30, 2025Three Months Ended June 30, 2026
Gathering and compression–Antero Resources$248,901271,507
Water handling–Antero Resources73,77378,539
Water handling–third party466
Amortization of customer relationships(17,668)(22,802)
Total revenue305,472327,244
Operating expenses:
Direct operating63,11484,526
General and administrative (including $11,407 and $10,828 of equity-based compensation in 2025 and 2026, respectively)22,12522,557

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Antero Midstream Corporation's D&A?
Antero Midstream Corporation (AM) reported D&A of $22.8M in Q2 2026.
How has Antero Midstream Corporation's D&A changed year-over-year?
Antero Midstream Corporation's D&A increased by 29.1% year-over-year, from $17.67M to $22.8M.
What is the long-term trend for Antero Midstream Corporation's D&A?
Over 4 years (2021 to 2025), Antero Midstream Corporation's D&A has grown at a -5.5% compound annual growth rate (CAGR), from $88.81M to $70.67M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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