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

Antero Midstream's Cost of Revenue history runs 8 years deep, the most recent figure standing at $70.7 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 24.4% year-over-year to $70.7 million; the TTM figure through Mar 2026 stood at $245.8 million (up 11.27% YoY), while the FY2025 annual figure was $231.9 million, up 6.39% from the prior year.
• Cost of Revenue was $70.7 million for Q1 2026 at Antero Midstream, up from $54.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $70.7 million in Q1 2026 to a low of $42.0 million in Q1 2022.
• Historically, Cost of Revenue has averaged $53.8 million across 5 years, with a median of $53.9 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 37.75% in 2023, then declined 6.83% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $48.3 million in 2022, then advanced by 5.15% to $50.8 million in 2023, then gained by 10.13% to $55.9 million in 2024, then fell by 3.3% to $54.1 million in 2025, then surged by 30.73% to $70.7 million in 2026.
• The last three Cost of Revenue figures came in at $70.7 million (Q1 2026), $54.1 million (Q4 2025), and $57.9 million (Q3 2025), per Business Quant data.