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

Antero Midstream (AM) posted Operating Income of $188.6 million for Q1 2026, up 87.66% on a QoQ basis from $100.5 million in Q4 2025, and up 6.43% year-on-year from $177.2 million in Q1 2025.

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

Antero Midstream has disclosed Operating Income across 10 years of filings, most recently posting $188.6 million for Q1 2026.

  • Operating Income for Q1 2026 came in at $188.6 million, up 6.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $656.1 million (up 419.93% YoY), and the FY2025 annual result was $644.7 million, up 459.56% from the prior year.
  • Operating Income came in at $188.6 million for Q1 2026 at Antero Midstream, up from $100.5 million in the prior quarter.
  • Over the last five years, Operating Income for AM reached as high as $188.6 million in Q1 2026 and fell as low as -$366.2 million in Q4 2024.
  • Median Operating Income over the past 5 years was $148.3 million (2023), compared with a mean of $67.5 million.
  • Year-over-year, Operating Income retreated 16.23% in 2023 and surged 127.44% in 2025.
  • Over 5 years, Operating Income 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.
  • Per Business Quant, the three latest AM Operating Income figures stand at $188.6 million (Q1 2026), $100.5 million (Q4 2025), and $180.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 2.35 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.44 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.90 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.98 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 846.90 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.21 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 361.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 1.15 Bn
10 Antero Midstream 108.06 Mn 108.06 Mn 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