Antero Resources (AR) Gross Margin (2012 - 2026)

Antero Resources' Gross Margin history runs 15 years deep, the most recent figure standing at 100.0% for Q1 2026.

• In Q1 2026, Gross Margin changed 0.0% year-over-year to 100.0%; the TTM figure through Mar 2026 stood at 100.0% (up 1.0% YoY), while the FY2025 annual figure was 100.0%, up 1.0% from the prior year.
• Gross Margin was 100.0% for Q1 2026 at Antero Resources, roughly flat from 100.0% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q4 2023 to a low of 46.78% in Q4 2022.
• Historically, Gross Margin has averaged 90.19% across 5 years, with a median of 100.0% in 2025.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 9012 bps in 2022, then jumped 14678 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 46.78% in 2022, then jumped by 314 bps to 100.0% in 2023, then decreased by 0 bps to 100.0% in 2024, then slipped by 0 bps to 100.0% in 2025, then rose by 0 bps to 100.0% in 2026.
• The last three Gross Margin figures came in at 100.0% (Q1 2026), 100.0% (Q4 2025), and 100.0% (Q3 2025), per Business Quant data.