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