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| Date | Value |
|---|---|
| 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 |