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+8.0% | $987.28M+6.6% | $971.38M+5.2% | $956.4M+4.4% | $936.49M+2.9% | |
| Water Handling | $271.94M+8.5% | $269.4M+8.3% | $276.23M+15.4% | $266.4M+5.2% | $250.68M-3.5% | |
| Revenue by Business | ||||||
| Gathering And Compression | $971.36M+8.0% | $950.2M+6.9% | $934.29M+7.3% | $919.31M+8.0% | $899.4M+7.9% | |
| Water Handling | $240.15M+9.7% | $238.23M+9.7% | $244.61M+17.7% | $234.64M+5.9% | $218.87M-4.0% | |
| Total Assets by Business | ||||||
| Gathering And Compression | $19.37B+1.5% | $18.92B-0.6% | $19.04B+0.4% | $19.08B+1.1% | $19.08B+1.5% | |
| Water Handling | $4.09B+2.8% | $3.9B-3.4% | $3.92B-4.0% | $3.94B-5.1% | $3.98B-5.2% | |
| Operating Income by Business | ||||||
| Gathering And Compression | $651.46M-0.3% | $631.41M-0.9% | $695.65M+11.5% | $681.93M+11.7% | $653.22M+9.9% | |
| Water Handling | $11.56M-49.2% | $20.1M-28.2% | $32.64M+70.8% | $27.76M-13.6% | $22.77M-44.8% | |
| Operating Expenses by Business | ||||||
| Gathering And Compression | $319.91M+29.9% | $318.78M+26.4% | $238.64M-3.5% | $237.38M-1.4% | $246.18M+3.0% | |
| Water Handling | $228.58M+16.6% | $218.13M+15.3% | $211.97M+12.3% | $206.88M+9.2% | $196.1M+5.0% | |
| Capital Expenditures For Segment Property And Equipment by Business | ||||||
| Gathering And Compression | $88.89M-34.7% | $91.53M-35.5% | $99.28M-34.1% | $122.6M-8.2% | $136.19M+5.7% | |
| Water Handling | $80.74M+155% | $70.72M+132% | $52.5M+41.6% | $38.54M-12.4% | $31.61M-32.8% | |
| Stock-Based Comp by Business | ||||||
| Gathering And Compression | $29.74M-17.7% | $30.03M-15.5% | $31.97M-0.6% | $33.9M+19.3% | $36.16M+46.1% | |
| Water Handling | $13.21M+29.2% | $14.79M+89.6% | $13.24M+73.6% | $12.26M+66.6% | $10.23M+39.4% | |
| General And Administrative Expense Before Equity Based Compensation by Business | ||||||
| Gathering And Compression | $23.38M-12.0% | $21.39M-25.8% | $23.01M— | $24.84M— | $26.58M— | |
| Water Handling | $13.96M+54.0% | $14.88M+79.7% | $12.63M— | $11.93M— | $9.07M— | |
| 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-5.8% | $76.56M-9.3% | $76.52M-12.1% | $75.74M-12.1% | $80.01M-5.6% | |
| Water Handling | $60.83M+9.3% | $57.75M+3.9% | $56.85M+3.4% | $55.71M+2.9% | $55.65M+4.6% | |
| Direct Operating Costs by Business | ||||||
| Gathering And Compression | $111.68M+8.3% | $107.85M+4.7% | $107.14M+7.6% | $102.58M+4.1% | $103.1M+5.7% | |
| Water Handling | $134.09M+13.8% | $124.06M+8.0% | $126.62M+11.8% | $125.02M+9.2% | $117.79M+5.5% | |
| Revenue (Gross) by Product | ||||||
| Compression | $274.93M+7.6% | $269.56M+6.6% | $265.13M+4.7% | $260.84M+3.4% | $255.47M+1.7% | |
| Fresh Water Delivery | $146.61M+0.3% | $154.5M+3.6% | $162.43M+15.7% | $153.5M+0.2% | $146.14M-9.8% | |
| Gathering High Pressure | $268.71M+6.8% | $266.55M+8.4% | $261.93M+8.2% | $257.9M+9.3% | $251.67M+8.7% | |
| Other Fluid Handling | $127.55M+20.0% | $117.32M+15.3% | $115.76M+14.6% | $114.72M+12.5% | $106.32M+6.7% |
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.
