Antero Midstream Corp (AM) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1615 WYNKOOP STREET DENVER, CO 80202 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4922 - Natural Gas Transmission (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 66 | 640 | 1,235 | ||||||
| Cash and cash equivalent | 66 | 640 | 1,235 | ||||||
| Restricted cash and investments | |||||||||
| Receivables | 87,667 | 82,884 | 91,812 | 105,603 | |||||
| Disposal group, including discontinued operation | |||||||||
| Other current assets | 2,052 | 1,500 | 1,326 | 920 | 1,479 | 1,720 | |||
| Other undisclosed current assets | 116,012 | 89,562 | |||||||
| Total current assets: | 118,064 | 91,128 | 88,993 | 83,804 | 93,931 | 108,558 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 3,881,621 | 3,793,523 | 3,751,431 | 3,394,746 | 3,254,044 | 3,273,410 | |||
| Long-term investments and receivables | 603,956 | 626,650 | 652,767 | 696,009 | 722,478 | 709,639 | |||
| Long-term investments | 603,956 | 626,650 | 652,767 | 696,009 | 722,478 | 709,639 | |||
| Intangible asset, including goodwill, after accumulated amortization | 1,144,759 | 1,215,431 | 1,286,103 | 1,356,775 | 1,427,447 | 2,073,580 | |||
| Goodwill | 575,461 | ||||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 1,144,759 | 1,215,431 | 1,286,103 | 1,356,775 | 1,427,447 | 1,498,119 | |||
| Disposal group, including discontinued operation, noncurrent assets | |||||||||
| Deferred income tax assets | 103,402 | 103,231 | |||||||
| Other noncurrent assets | 13,348 | 10,886 | 12,026 | 12,667 | 9,610 | 14,460 | |||
| Total noncurrent assets: | 5,643,684 | 5,646,490 | 5,702,327 | 5,460,197 | 5,516,981 | 6,174,320 | |||
| TOTAL ASSETS: | 5,761,748 | 5,737,618 | 5,791,320 | 5,544,001 | 5,610,912 | 6,282,878 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 83,555 | 80,630 | 95,580 | 104,430 | 84,442 | 110,833 | |||
| Accounts payable | 22,865 | 23,592 | 9,495 | 6,645 | |||||
| Accrued liabilities | 83,555 | 80,630 | 72,715 | 80,838 | 74,947 | 104,188 | |||
| Disposal group, including discontinued operation | |||||||||
| Business combination, contingent consideration, liability | 125,000 | ||||||||
| Other liabilities | 635 | 831 | 1,061 | 4,623 | 5,701 | 3,105 | |||
| Due to related parties | ✕ | ✕ | ✕ | 5,436 | 4,956 | 3,862 | 3,146 | ||
| Other undisclosed current liabilities | 16,422 | 14,956 | |||||||
| Total current liabilities: | 100,612 | 96,417 | 102,077 | 114,009 | 94,005 | 242,084 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,116,958 | 3,213,216 | 3,361,282 | 3,122,910 | 3,091,626 | 2,892,249 | |||
| Long-term debt, excluding current maturities | 3,116,958 | 3,213,216 | 3,361,282 | 3,122,910 | 3,091,626 | 2,892,249 | |||
| Liabilities, other than long-term debt | 429,007 | 276,254 | 135,643 | 20,384 | 6,995 | 5,131 | |||
| Deferred income tax liabilities | 413,608 | 265,879 | 131,215 | 13,721 | |||||
| Disposal group, including discontinued operation, liabilities | |||||||||
| Other liabilities | 15,399 | 10,375 | 4,428 | 6,663 | 6,995 | 5,131 | |||
| Total noncurrent liabilities: | 3,545,965 | 3,489,470 | 3,496,925 | 3,143,294 | 3,098,621 | 2,897,380 | |||
| Total liabilities: | 3,646,577 | 3,585,887 | 3,599,002 | 3,257,303 | 3,192,626 | 3,139,464 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,115,171 | 2,151,731 | 2,192,318 | 2,286,698 | 2,418,286 | 3,143,414 | |||
| Common stock | 4,794 | 4,797 | 4,785 | 4,775 | 4,766 | 4,840 | |||
| Additional paid in capital | 2,019,830 | 2,046,487 | 2,104,740 | 2,414,398 | 2,877,612 | 3,480,139 | |||
| Retained earnings (accumulated deficit) | 90,547 | 100,447 | 82,793 | (132,475) | (464,092) | (341,565) | |||
| Total equity: | 2,115,171 | 2,151,731 | 2,192,318 | 2,286,698 | 2,418,286 | 3,143,414 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,761,748 | 5,737,618 | 5,791,320 | 5,544,001 | 5,610,912 | 6,282,878 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,106,193 | 1,041,771 | 919,985 | 898,202 | 900,719 | 792,588 | ||
| Cost of revenue (Cost of Product and Service Sold) | (217,976) | (213,165) | (180,254) | (157,120) | (165,386) | (195,818) | ||
| Gross profit: | 888,217 | 828,606 | 739,731 | 741,082 | 735,333 | 596,770 | ||
| Operating expenses | (447,027) | (429,909) | (380,519) | (342,875) | (1,018,357) | (1,191,081) | ||
| Other undisclosed operating income | 217,976 | 213,165 | 180,254 | 157,120 | 165,386 | 195,818 | ||
| Operating income (loss): | 659,166 | 611,862 | 539,466 | 555,327 | (117,638) | (398,493) | ||
| Nonoperating expense (Other Nonoperating expense) | (110,545) | (111,789) | (95,730) | (106,587) | ||||
| Interest and debt expense | (14,091) | (21,757) | (4,503) | (3,183) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 534,530 | 500,073 | 443,736 | 426,983 | (122,141) | (401,676) | ||
| Income from equity method investments | 86,430 | 51,315 | ||||||
| Other undisclosed income (loss) from continuing operations before income taxes | 14,091 | 21,757 | (142,504) | (107,219) | ||||
| Income (loss) from continuing operations before income taxes: | 548,621 | 500,073 | 443,736 | 448,740 | (178,215) | (457,580) | ||
| Income tax expense (benefit) | (147,729) | (128,287) | (117,494) | (117,123) | 55,688 | 102,466 | ||
| Income (loss) from continuing operations: | 400,892 | 371,786 | 326,242 | 331,617 | (122,527) | (355,114) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 331,617 | (122,527) | (355,114) | |
| Net income (loss) attributable to parent: | 400,892 | 371,786 | 326,242 | 331,617 | (122,527) | (355,114) | ||
| Preferred stock dividends and other adjustments | (550) | (550) | (550) | (550) | (550) | (442) | ||
| Net income (loss) available to common stockholders, diluted: | 400,342 | 371,236 | 325,692 | 331,067 | (123,077) | (355,556) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 400,892 | 371,786 | 326,242 | 331,617 | (122,527) | (355,114) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 400,892 | 371,786 | 326,242 | 331,617 | (122,527) | (355,114) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.