# Antero Midstream Corp: overview

AM · NYSE · CIK 1623925 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/am.md) · [Financials](/companies/am/financials.md) · [Filings](/companies/am/filings.md) · [Insiders](/companies/am/insiders.md)

Latest reported revenue: [$327.0m](/filings/0001104659-26-119634.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 28, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-119634).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [287 d](/filings/0001104659-26-013380.md) | [291](/filings/0001104659-26-051518.md) | [305](/filings/0001104659-26-088150.md) | [295](/filings/0001104659-26-119634.md) | [297 d](/filings/0001104659-26-013380.md) | [314](/filings/0001104659-26-051518.md) | [327](/filings/0001104659-26-088150.md) | [327](/filings/0001104659-26-119634.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [61.8% d](/filings/0001104659-26-013380.md) | [60.9%](/filings/0001104659-26-051518.md) | [61.0%](/filings/0001104659-26-088150.md) | [61.2%](/filings/0001104659-26-119634.md) | [33.8% d](/filings/0001104659-26-013380.md) | [60.0%](/filings/0001104659-26-051518.md) | [55.6%](/filings/0001104659-26-088150.md) | [170.4%](/filings/0001104659-26-119634.md) |
| Net margin | % | [38.7% d](/filings/0001104659-26-013380.md) | [41.5%](/filings/0001104659-26-119634.md) | [40.8%](/filings/0001104659-26-119634.md) | [39.3%](/filings/0001104659-26-119634.md) | [17.5% d](/filings/0001104659-26-013380.md) | [37.6%](/filings/0001104659-26-119634.md) | [34.7%](/filings/0001104659-26-119634.md) | [120.1%](/filings/0001104659-26-119634.md) |
| Diluted EPS | $ per share | not reported | [0.25](/filings/0001104659-26-051518.md) | [0.26](/filings/0001104659-26-088150.md) | [0.24](/filings/0001104659-26-119634.md) | not reported | [0.25](/filings/0001104659-26-051518.md) | [0.24](/filings/0001104659-26-088150.md) | [0.82](/filings/0001104659-26-119634.md) |
| Free cash flow | $m | [233 d](/filings/0001104659-26-013380.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [898](/filings/0001558370-24-001161.md) | [920](/filings/0001558370-25-000862.md) | [1,042](/filings/0001104659-26-013380.md) | [1,106](/filings/0001104659-26-013380.md) | [1,188](/filings/0001104659-26-013380.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [61.8%](/filings/0001558370-24-001161.md) | [58.6%](/filings/0001558370-25-000862.md) | [58.7%](/filings/0001104659-26-013380.md) | [59.6%](/filings/0001104659-26-013380.md) | [54.2%](/filings/0001104659-26-013380.md) |
| Net margin | % | [36.9%](/filings/0001558370-24-001161.md) | [35.5%](/filings/0001558370-25-000862.md) | [35.7%](/filings/0001104659-26-013380.md) | [36.2%](/filings/0001104659-26-013380.md) | [34.8%](/filings/0001104659-26-013380.md) |
| Diluted EPS | $ per share | [0.69](/filings/0001558370-24-001161.md) | [0.68](/filings/0001558370-25-000862.md) | [0.77](/filings/0001104659-26-013380.md) | [0.83](/filings/0001104659-26-013380.md) | [0.86](/filings/0001104659-26-013380.md) |
| Free cash flow | $m | not reported | [483](/filings/0001558370-25-000862.md) | [779](/filings/0001104659-26-013380.md) | [774](/filings/0001104659-26-013380.md) | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/am/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $869.0m | 38,199,783 |  | Added +1,082,574 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $472.0m | 20,746,981 |  | Reduced −809,922 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $413.9m | 18,193,196 |  | Reduced −106,777 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $340.3m | 14,958,776 |  | Added +149,517 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $263.0m | 11,558,546 |  | Reduced −34,653 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $235.7m | 10,358,867 |  | Added +461,863 |
| [TORTOISE CAPITAL ADVISORS, L.L.C.](/funds/1280965.md) | 2026-06-30 | $231.7m | 10,183,484 |  | Reduced −975,910 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $205.0m | 9,010,119 |  | Reduced −6,697 |
| [NEUBERGER BERMAN GROUP LLC](/funds/1465109.md) | 2026-06-30 | $169.1m | 7,434,848 |  | Added +162,222 |
| [Bank of New York Mellon Corp](/funds/1390777.md) | 2026-06-30 | $157.4m | 6,917,415 |  | Reduced −2,211,873 |

## Recent filings

[All 788 filings](/companies/am/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 17:14 ET | [8-K](/filings/0001104659-26-119692.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-119692 |
| 2026-10-28 | 16:16 ET | [10-Q](/filings/0001104659-26-119634.md) | Quarterly report, period 2026-09-30 | 0001104659-26-119634 |
| 2026-07-29 | 16:57 ET | [8-K](/filings/0001104659-26-088210.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-088210 |
| 2026-07-29 | 16:15 ET | [10-Q](/filings/0001104659-26-088150.md) | Quarterly report, period 2026-06-30 | 0001104659-26-088150 |
| 2026-07-27 | 06:03 ET | [8-K](/filings/0001104659-26-086758.md) | 7.01 Regulation FD disclosure | 0001104659-26-086758 |
| 2026-06-04 | 16:59 ET | [8-K](/filings/0001104659-26-070571.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001104659-26-070571 |
| 2026-05-12 | 07:37 ET | [8-K](/filings/0001104659-26-059010.md) | 7.01 Regulation FD disclosure | 0001104659-26-059010 |
| 2026-04-29 | 16:21 ET | [8-K](/filings/0001104659-26-051547.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-051547 |
| 2026-04-29 | 16:15 ET | [10-Q](/filings/0001104659-26-051518.md) | Quarterly report, period 2026-03-31 | 0001104659-26-051518 |
| 2026-04-23 | 16:20 ET | [DEF 14A](/filings/0001308179-26-000332.md) | Proxy statement, period 2026-06-03 | 0001308179-26-000332 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-013380.md), filed Feb 11, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, has been scored from the reported figures. [See the target](/leagues/2026q3/targets/c6ee8767-addc-4f86-b437-9e9bdbe04010)

## About the filer

- CIK: 1623925
- Tickers: AM
- Exchange: NYSE
- SIC code: 4922 Natural Gas Transmission
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 05:24 ET. No prices; not investment advice.
