Antero Midstream (AM) Operating Income (2017 - 2026)
Antero Midstream (AM) recorded Operating Income of $181.91 million in Q2 2026, down 2.4% from $186.44 million a year earlier and down 3.6% from the prior quarter.
Antero Midstream (AM) Operating Income (2017 - 2026) Analysis & Trends
On a TTM basis, Antero Midstream's Operating Income came in at $651.52 million as of Jun 30, 2026, down 7.4% year-over-year; for FY2025, it came in at $644.67 million, down 2.2% from FY2024.
- Across earlier years, Operating Income came in at $659.17 million in FY2024 (+7.7%), $611.86 million in FY2023 (+13.4%), $539.47 million in FY2022 (-2.9%) and $555.33 million in FY2021.
- Quarterly Operating Income has ranged from $100.51 million in Q4 2025 to $188.61 million in Q1 2026 over the past five years.
- On a year-over-year basis, Operating Income rose in six of the last eight quarters, with growth averaging 1.8%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 22.1% in Q2 2025, against a decline of 43.5% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $188.61 million (Q1 2026), $100.51 million (Q4 2025) and $180.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 2.10 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 1.18 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.35 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 3.87 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 1.23 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 1.38 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 4.29 Bn |
| 10 | Antero Midstream | 9.66 Bn | 9.66 Bn | 242.72 Mn | 181.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 181.91 Mn |
| 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 | 177.74 Mn |
| Sep 30, 2024 | 162.43 Mn |
| Jun 30, 2024 | 152.75 Mn |
| Mar 31, 2024 | 166.25 Mn |
| Dec 31, 2023 | 155.68 Mn |
| Sep 30, 2023 | 162.31 Mn |
| Jun 30, 2023 | 145.52 Mn |
| Mar 31, 2023 | 148.35 Mn |
| Dec 31, 2022 | 144.15 Mn |
| Sep 30, 2022 | 137.77 Mn |
| Jun 30, 2022 | 128.40 Mn |
| Mar 31, 2022 | 129.15 Mn |
| Dec 31, 2021 | 128.52 Mn |
| Sep 30, 2021 | 141.82 Mn |
Antero Midstream Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=AM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "AM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=AM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();