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Antero Midstream Corporation AM Total Operating Expenses

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Segments

By segment

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Water Handling$72.38M+21.0%
Gathering And Compression$70.1M+22.2%

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:OperatingExpenses.

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
Depreciation33,36437,378
Impairment of property and equipment133
Other operating expense, net50454
Total operating expenses119,028145,335
Operating income186,444181,909
Other income (expense):
Interest expense, net(47,962)(55,680)
Equity in earnings of unconsolidated affiliates30,01628,525

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Antero Midstream Corporation's total operating expenses?
Antero Midstream Corporation (AM) reported total operating expenses of $145.34M in Q2 2026.
How has Antero Midstream Corporation's total operating expenses changed year-over-year?
Antero Midstream Corporation's total operating expenses increased by 22.1% year-over-year, from $119.03M to $145.34M.
What is the long-term trend for Antero Midstream Corporation's total operating expenses?
Over 4 years (2021 to 2025), Antero Midstream Corporation's total operating expenses has grown at a 12.2% compound annual growth rate (CAGR), from $342.88M to $543.76M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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