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Segments

By segment

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Exploration And Production$227.25M+21.1%
Antero Midstream$37.38M+12.0%

Other financials

Income statement

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Revenue$1.6B+20.2%
Operating income$375.5M+83.3%
Net income$286.4M+71.9%
EPS (diluted)$0.90+80.0%

Balance sheet

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Total debt$4.6B+32.2%
Total equity$8.3B+13.8%
Total assets$15.2B+19.3%

Cash flow

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Operating cash flow$438.8M-10.9%
CapEx$4.3M+337%
Free cash flow$434.6M-11.6%

Valuation

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Market cap$10.55B+3.5%
P/E9.4×-11.3×
P/S1.7×-0.4×

Profitability

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Operating margin24.7%+15.0pp
Net margin18.3%+8.2pp
FCF margin32.1%+3.5pp

Returns & leverage

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Return on equity14.4%+7.5pp
Debt / equity0.6×+0.1×
Current ratio0.4×+0.1×

Where this comes from

Reported directly by Antero Resources in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Antero Resources’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088153
Line itemThree Months Ended June 30, 2025Three Months Ended June 30, 2026
Marketing51,98872,059
Exploration648904
General and administrative (including equity-based compensation expense of $15,855 and $13,266 in 2025 and 2026, respectively)57,18357,795
Depletion, depreciation and amortization187,589227,254
Impairment of property and equipment6,2974,455
Accretion of asset retirement obligations942983
Contract termination, loss contingency and settlements13,5961,659
Loss (gain) on sale of assets546(14,616)

Item 1. Financial Statements (Unaudited)

FAQ

What is Antero Resources's D&A?
Antero Resources (AR) reported D&A of $227.25M in Q2 2026.
How has Antero Resources's D&A changed year-over-year?
Antero Resources's D&A increased by 21.1% year-over-year, from $187.59M to $227.25M.
What is the long-term trend for Antero Resources's D&A?
Over 4 years (2021 to 2025), Antero Resources's D&A has grown at a 0.3% compound annual growth rate (CAGR), from $742.01M to $749.68M.
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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