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

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

Antero Midstream (AM) posted Operating Expenses of $145.3 million for Q2 2026, up 15.71% on a QoQ basis from $125.6 million in Q1 2026, and up 22.1% year-over-year from $119.0 million in Q2 2025.

Analysis

Antero Midstream (AM) Operating Expenses (2016 - 2026) Analysis & Trends

Antero Midstream has reported Operating Expenses for 11 years, with the latest figure at $145.3 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 22.1% year-over-year to $145.3 million in Q2 2026; TTM through Jun 2026 was $581.8 million, a 29.25% increase from a year earlier, with the FY2025 full-year figure at $543.8 million, up 21.64% from the prior year.
  • Operating Expenses was $145.3 million for Q2 2026 at Antero Midstream, up from $125.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $196.5 million in Q4 2025, with the low at $89.3 million in Q1 2022.
  • Average Operating Expenses over 5 years is $115.1 million, with a median of $111.9 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses dropped 1.32% in 2022, then jumped 79.05% in 2025.
  • Over 5 years, Operating Expenses stood at $97.4 million in 2022, then advanced by 7.27% to $104.5 million in 2023, then rose by 5.03% to $109.7 million in 2024, then surged by 79.05% to $196.5 million in 2025, then dropped by 26.04% to $145.3 million in 2026.
  • The last three Operating Expenses figures came in at $145.3 million (Q2 2026), $125.6 million (Q1 2026), and $196.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 3.13 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 16.13 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 30.76 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 354.10 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.93 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 4.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 19.09 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 132.00 Mn
10 Antero Midstream 10.73 Bn 10.73 Bn 242.72 Mn 145.34 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 145.34 Mn
Mar 31, 2026 125.60 Mn
Dec 31, 2025 196.50 Mn
Sep 30, 2025 114.33 Mn
Jun 30, 2025 119.03 Mn
Mar 31, 2025 113.91 Mn
Dec 31, 2024 109.74 Mn
Sep 30, 2024 107.44 Mn
Jun 30, 2024 117.04 Mn
Mar 31, 2024 112.80 Mn
Dec 31, 2023 104.49 Mn
Sep 30, 2023 101.53 Mn
Jun 30, 2023 112.76 Mn
Mar 31, 2023 111.13 Mn
Dec 31, 2022 97.41 Mn
Sep 30, 2022 93.26 Mn
Jun 30, 2022 100.51 Mn
Mar 31, 2022 89.34 Mn
Dec 31, 2021 87.97 Mn
Sep 30, 2021 82.98 Mn