Antero Midstream AM
NYSE AM
$22.60 +0.14 (+0.62%)
At close: Sep 4, 2026 · 4:00 PM EDT

Antero Midstream (AM) Cost of Revenue (2019 - 2026)

Antero Midstream (AM) posted Cost of Revenue of $84.5 million for Q2 2026, up 19.56% on a QoQ basis from $70.7 million in Q1 2026, and up 33.93% year-over-year from $63.1 million in Q2 2025.

Analysis

Antero Midstream (AM) Cost of Revenue (2019 - 2026) Analysis & Trends

Antero Midstream has reported Cost of Revenue for 8 years, with the latest figure at $84.5 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 33.93% year-over-year to $84.5 million in Q2 2026; TTM through Jun 2026 was $267.2 million, a 17.4% increase from a year earlier, with the FY2025 full-year figure at $231.9 million, up 6.39% from the prior year.
  • Cost of Revenue was $84.5 million for Q2 2026 at Antero Midstream, up from $70.7 million in the prior quarter.
  • The five-year high for Cost of Revenue was $84.5 million in Q2 2026, with the low at $42.0 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $55.5 million, with a median of $54.0 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 37.75% in 2023, then fell 6.83% in 2024.
  • Over 5 years, Cost of Revenue stood at $48.3 million in 2022, then climbed by 5.15% to $50.8 million in 2023, then advanced by 10.13% to $55.9 million in 2024, then retreated by 3.3% to $54.1 million in 2025, then soared by 56.3% to $84.5 million in 2026.
  • The last three Cost of Revenue figures came in at $84.5 million (Q2 2026), $70.7 million (Q1 2026), and $54.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.41 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 26.94 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 1.06 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 2.30 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 587.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 9.24 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 15.96 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.29 Bn
10 Antero Midstream 10.73 Bn 10.73 Bn 242.72 Mn 84.53 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 84.53 Mn
Mar 31, 2026 70.70 Mn
Dec 31, 2025 54.08 Mn
Sep 30, 2025 57.89 Mn
Jun 30, 2025 63.11 Mn
Mar 31, 2025 56.83 Mn
Dec 31, 2024 55.93 Mn
Sep 30, 2024 51.72 Mn
Jun 30, 2024 56.41 Mn
Mar 31, 2024 53.92 Mn
Dec 31, 2023 50.78 Mn
Sep 30, 2023 51.91 Mn
Jun 30, 2023 52.60 Mn
Mar 31, 2023 57.87 Mn
Dec 31, 2022 48.30 Mn
Sep 30, 2022 46.65 Mn
Jun 30, 2022 43.30 Mn
Mar 31, 2022 42.01 Mn
Dec 31, 2021 38.75 Mn
Sep 30, 2021 39.50 Mn