Antero Midstream (AM) Operating Income (2017 - 2026)

Antero Midstream (AM) recorded quarterly Operating Income of $188.6 million in Q1 2026, up 87.66% quarter-over-quarter from $100.5 million in Q4 2025, and up 6.43% on a YoY basis from $177.2 million in Q1 2025.

Antero Midstream (AM) Operating Income (2017 - 2026) Analysis & Trends

Antero Midstream's Operating Income history runs 10 years deep, the most recent figure standing at $188.6 million for Q1 2026.

  • In Q1 2026, Operating Income rose 6.43% year-over-year to $188.6 million; the TTM figure through Mar 2026 stood at $656.1 million (up 419.93% YoY), while the FY2025 annual figure was $644.7 million, up 459.56% from the prior year.
  • Operating Income was $188.6 million for Q1 2026 at Antero Midstream, up from $100.5 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $188.6 million in Q1 2026 to a low of -$366.2 million in Q4 2024.
  • Historically, Operating Income has averaged $67.5 million across 5 years, with a median of $148.3 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Income fell 16.23% in 2023, then jumped 127.44% in 2025.
  • A 5-year view of Operating Income shows it stood at -$302.1 million in 2022, then slipped by 16.23% to -$351.2 million in 2023, then declined by 4.29% to -$366.2 million in 2024, then soared by 127.44% to $100.5 million in 2025, then surged by 87.66% to $188.6 million in 2026.
  • The last three Operating Income figures came in at $188.6 million (Q1 2026), $100.5 million (Q4 2025), and $180.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn 2.35 Bn
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - 1.90 Bn
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn 1.44 Bn
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn 2.98 Bn
5 Scorpio Tankers 59.31 Bn 58.33 Bn - 219.52 Mn
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn 1.21 Bn
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn 846.90 Mn
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn 1.43 Bn
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn 2.03 Bn
10 Antero Midstream 10.09 Bn 10.09 Bn 243.51 Mn 188.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 188.61 Mn
Dec 31, 2025 100.51 Mn
Sep 30, 2025 180.49 Mn
Jun 30, 2025 186.44 Mn
Mar 31, 2025 177.22 Mn
Dec 31, 2024 -366.22 Mn
Sep 30, 2024 162.43 Mn
Jun 30, 2024 152.75 Mn
Mar 31, 2024 166.25 Mn
Dec 31, 2023 -351.17 Mn
Sep 30, 2023 162.31 Mn
Jun 30, 2023 145.52 Mn
Mar 31, 2023 148.35 Mn
Dec 31, 2022 -302.14 Mn
Sep 30, 2022 137.77 Mn
Jun 30, 2022 128.40 Mn
Mar 31, 2022 129.15 Mn
Dec 31, 2021 -332.57 Mn
Sep 30, 2021 141.82 Mn
Jun 30, 2021 151.40 Mn