Growth Metrics

Antero Midstream (AM) Cost of Revenue (2019 - 2025)

Antero Midstream (AM) has 7 years of Cost of Revenue data on record, last reported at $54.1 million in Q4 2025.

  • For Q4 2025, Cost of Revenue fell 3.3% year-over-year to $54.1 million; the TTM value through Dec 2025 reached $231.9 million, up 6.39%, while the annual FY2025 figure was $231.9 million, 6.39% up from the prior year.
  • Cost of Revenue reached $54.1 million in Q4 2025 per AM's latest filing, down from $57.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $63.1 million in Q2 2025 and bottomed at $38.8 million in Q4 2021.
  • Average Cost of Revenue over 5 years is $50.0 million, with a median of $51.8 million recorded in 2023.
  • Peak YoY movement for Cost of Revenue: dropped 19.32% in 2021, then skyrocketed 37.75% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $38.8 million in 2021, then grew by 24.63% to $48.3 million in 2022, then increased by 5.15% to $50.8 million in 2023, then grew by 10.13% to $55.9 million in 2024, then fell by 3.3% to $54.1 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $54.1 million in Q4 2025, $57.9 million in Q3 2025, and $63.1 million in Q2 2025.