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

Antero Resources' (AR) quarterly Gross Margin came in at 100.0% in Q1 2026, little changed year-on-year from 100.0% in Q1 2025, and little changed quarter-over-quarter from 100.0% in Q4 2025.

Antero Resources (AR) Gross Margin (2012 - 2026) Analysis & Trends

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

  • On a quarterly basis, Gross Margin changed 0.0% year-over-year to 100.0% in Q1 2026; TTM through Mar 2026 was 100.0%, a 1.0% increase from a year earlier, with the FY2025 full-year figure at 100.0%, up 1.0% from the prior year.
  • Gross Margin steadied at 100.0% in Q1 2026 per AR's latest filing, from 100.0% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q4 2023 and bottomed at 63.53% in Q4 2022.
  • The 5-year median for Gross Margin is 100.0% (2025), against an average of 97.09%.
  • Biggest YoY gain for Gross Margin was 22229 bps in 2022; the steepest drop was 3515 bps in 2022.
  • Year by year, Gross Margin stood at 63.53% in 2022, then soared by 57 bps to 100.0% in 2023, then retreated by 0 bps to 100.0% in 2024, then fell by 0 bps to 100.0% in 2025, then rose by 0 bps to 100.0% in 2026.
  • Per Business Quant, the three latest AR Gross Margin figures stand at 100.0% (Q1 2026), 100.0% (Q4 2025), and 100.0% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 60.14%
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 99.43%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 89.26%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 93.19%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 78.73%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 80.17%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 95.79%
10 Antero Resources 10.45 Bn 10.20 Bn 1.95 Bn 100.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 100.00%
Dec 31, 2025 100.00%
Sep 30, 2025 100.00%
Jun 30, 2025 100.00%
Mar 31, 2025 100.00%
Dec 31, 2024 100.00%
Sep 30, 2024 99.97%
Jun 30, 2024 100.00%
Mar 31, 2024 100.00%
Dec 31, 2023 100.00%
Sep 30, 2023 99.99%
Jun 30, 2023 94.48%
Mar 31, 2023 99.98%
Dec 31, 2022 63.53%
Sep 30, 2022 99.88%
Jun 30, 2022 98.03%
Mar 31, 2022 94.66%
Dec 31, 2021 98.68%
Sep 30, 2021 -122.40%
Jun 30, 2021 98.35%