Antero Midstream Corporation AM Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue (Gross) by Business | ||||||
| Gathering And Compression | $1.01B+2.4% | $987.28M+1.6% | $971.38M+1.6% | $956.4M+2.1% | $936.49M+1.1% | |
| Water Handling | $271.94M+0.9% | $269.4M-2.5% | $276.23M+3.7% | $266.4M+6.3% | $250.68M+0.7% | |
| Revenue by Business | ||||||
| Gathering And Compression | $971.36M+2.2% | $950.2M+1.7% | $934.29M+1.6% | $919.31M+2.2% | $899.4M+1.2% | |
| Water Handling | $240.15M+0.8% | $238.23M-2.6% | $244.61M+4.2% | $234.64M+7.2% | $218.87M+0.8% | |
| Total Assets by Business | ||||||
| Gathering And Compression | $19.37B+2.4% | $18.92B-0.6% | $19.04B-0.2% | $19.08B0.0% | $19.08B+0.3% | |
| Water Handling | $4.09B+5.1% | $3.9B-0.6% | $3.92B-0.6% | $3.94B-1.1% | $3.98B-1.2% | |
| Operating Income by Business | ||||||
| Gathering And Compression | $651.46M+3.2% | $631.41M-9.2% | $695.65M+2.0% | $681.93M+4.4% | $653.22M+2.6% | |
| Water Handling | $11.56M-42.5% | $20.1M-38.4% | $32.64M+17.5% | $27.76M+21.9% | $22.77M-18.6% | |
| Operating Expenses by Business | ||||||
| Gathering And Compression | $319.91M+0.4% | $318.78M+33.6% | $238.64M+0.5% | $237.38M-3.6% | $246.18M-2.4% | |
| Water Handling | $228.58M+4.8% | $218.13M+2.9% | $211.97M+2.5% | $206.88M+5.5% | $196.1M+3.6% | |
| Capital Expenditures For Segment Property And Equipment by Business | ||||||
| Gathering And Compression | $88.89M-2.9% | $91.53M-7.8% | $99.28M-19.0% | $122.6M-10.0% | $136.19M-4.0% | |
| Water Handling | $80.74M+14.2% | $70.72M+34.7% | $52.5M+36.2% | $38.54M+21.9% | $31.61M+3.6% | |
| Stock-Based Comp by Business | ||||||
| Gathering And Compression | $29.74M-1.0% | $30.03M-6.1% | $31.97M-5.7% | $33.9M-6.2% | $36.16M+1.7% | |
| Water Handling | $13.21M-10.7% | $14.79M+11.7% | $13.24M+7.9% | $12.26M+19.9% | $10.23M+31.2% | |
| General And Administrative Expense Before Equity Based Compensation by Business | ||||||
| Gathering And Compression | $23.38M+9.3% | $21.39M-7.0% | $23.01M-7.3% | $24.84M-6.6% | $26.58M-7.7% | |
| Water Handling | $13.96M-6.2% | $14.88M+17.8% | $12.63M+5.9% | $11.93M+31.6% | $9.07M+9.5% | |
| Amortization Of Intangible Assets by Business | ||||||
| Gathering And Compression | $40.2M+8.4% | $37.09M0.0% | $37.09M0.0% | $37.09M0.0% | $37.09M0.0% | |
| Water Handling | $34.02M+1.3% | $33.59M0.0% | $33.59M0.0% | $33.59M0.0% | $33.59M0.0% | |
| Depreciation by Business | ||||||
| Gathering And Compression | $75.37M-1.6% | $76.56M0.0% | $76.52M+1.0% | $75.74M-5.3% | $80.01M-5.2% | |
| Water Handling | $60.83M+5.3% | $57.75M+1.6% | $56.85M+2.1% | $55.71M+0.1% | $55.65M+0.1% | |
| Direct Operating Costs by Business | ||||||
| Gathering And Compression | $111.68M+3.6% | $107.85M+0.7% | $107.14M+4.4% | $102.58M-0.5% | $103.1M0.0% | |
| Water Handling | $134.09M+8.1% | $124.06M-2.0% | $126.62M+1.3% | $125.02M+6.1% | $117.79M+2.5% | |
| Revenue (Gross) by Product | ||||||
| Compression | $274.93M+2.0% | $269.56M+1.7% | $265.13M+1.6% | $260.84M+2.1% | $255.47M+1.0% | |
| Fresh Water Delivery | $146.61M-5.1% | $154.5M-4.9% | $162.43M+5.8% | $153.5M+5.0% | $146.14M-2.0% | |
| Gathering High Pressure | $268.71M+0.8% | $266.55M+1.8% | $261.93M+1.6% | $257.9M+2.5% | $251.67M+2.3% | |
| Other Fluid Handling | $127.55M+8.7% | $117.32M+1.3% | $115.76M+0.9% | $114.72M+7.9% | $106.32M+4.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Antero Midstream Corporation break its business down?
- Antero Midstream Corporation (AM) reports revenue (gross) by business across 2 parts — Gathering And Compression and Water Handling. Each is extracted from the segment footnotes and tracked over time.
- Where does Antero Midstream Corporation's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Antero Midstream Corporation's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
