Antero Midstream (AM) Operating Expenses (2016 - 2026)

Antero Midstream's Operating Expenses history runs 11 years deep, the most recent figure standing at $125.6 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 10.27% year-over-year to $125.6 million; the TTM figure through Mar 2026 stood at $555.5 million (up 23.95% YoY), while the FY2025 annual figure was $543.8 million, up 21.64% from the prior year.
• Operating Expenses was $125.6 million for Q1 2026 at Antero Midstream, down from $196.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $196.5 million in Q4 2025 to a low of $89.3 million in Q1 2022.
• Historically, Operating Expenses has averaged $113.3 million across 5 years, with a median of $111.1 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses slipped 1.32% in 2022, then soared 79.05% in 2025.
• A 5-year view of Operating Expenses shows it stood at $97.4 million in 2022, then gained by 7.27% to $104.5 million in 2023, then increased by 5.03% to $109.7 million in 2024, then jumped by 79.05% to $196.5 million in 2025, then tumbled by 36.08% to $125.6 million in 2026.
• The last three Operating Expenses figures came in at $125.6 million (Q1 2026), $196.5 million (Q4 2025), and $114.3 million (Q3 2025), per Business Quant data.