Antero Midstream Operating Expenses Growth & History (AM)
Antero Midstream's operating expenses was $543.8M for fiscal 2025.
View full Antero Midstream company overviewAntero Midstream annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $543.8M | $96.7M | +21.64% |
| 2024 | 2024-12-31 | $447.0M | $17.1M | +3.98% |
| 2023 | 2023-12-31 | $429.9M | $49.4M | +12.98% |
| 2022 | 2022-12-31 | $380.5M | $37.6M | +10.98% |
| 2021 | 2021-12-31 | $342.9M | −$675.5M | −66.33% |
| 2020 | 2020-12-31 | $1.02B | −$172.7M | −14.50% |
| 2019 | 2019-12-31 | $1.19B | $1.15B | +2616.20% |
| 2018 | 2018-12-31 | $43.9M | $2.7M | +6.61% |
| 2017 | 2017-12-31 | $41.1M | $40.3M | +4953.32% |
| 2016 | 2016-12-31 | $814,000 | — | — |
Antero Midstream quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $145.3M | $26.3M | +22.10% |
| Q1 2026 | 2026-03-31 | $125.6M | $11.7M | +10.27% |
| Q4 2025 | 2025-12-31 | $196.5M | $86.8M | +79.05% |
| Q3 2025 | 2025-09-30 | $114.3M | $6.9M | +6.41% |
| Q2 2025 | 2025-06-30 | $119.0M | $2.0M | +1.70% |
| Q1 2025 | 2025-03-31 | $113.9M | $1.1M | +0.98% |
| Q4 2024 | 2024-12-31 | $109.7M | $5.3M | +5.03% |
| Q3 2024 | 2024-09-30 | $107.4M | $5.9M | +5.83% |
| Q2 2024 | 2024-06-30 | $117.0M | $4.3M | +3.79% |
| Q1 2024 | 2024-03-31 | $112.8M | $1.7M | +1.50% |
| Q4 2023 | 2023-12-31 | $104.5M | $7.1M | +7.27% |
| Q3 2023 | 2023-09-30 | $101.5M | $8.3M | +8.86% |
| Q2 2023 | 2023-06-30 | $112.8M | $12.3M | +12.19% |
| Q1 2023 | 2023-03-31 | $111.1M | $21.8M | +24.39% |
| Q4 2022 | 2022-12-31 | $97.4M | $9.4M | +10.73% |
| Q3 2022 | 2022-09-30 | $93.3M | $10.3M | +12.39% |
| Q2 2022 | 2022-06-30 | $100.5M | $19.1M | +23.50% |
| Q1 2022 | 2022-03-31 | $89.3M | −$1.2M | −1.32% |
| Q4 2021 | 2021-12-31 | $88.0M | −$907,000 | −1.02% |
| Q3 2021 | 2021-09-30 | $83.0M | $1.4M | +1.70% |
| Q2 2021 | 2021-06-30 | $81.4M | −$3.6M | −4.26% |
| Q1 2021 | 2021-03-31 | $90.5M | −$672.3M | −88.13% |
| Q4 2020 | 2020-12-31 | $88.9M | −$342.8M | −79.41% |
| Q3 2020 | 2020-09-30 | $81.6M | −$496.3M | −85.88% |
| Q2 2020 | 2020-06-30 | $85.0M | −$53.0M | −38.41% |
| Q1 2020 | 2020-03-31 | $762.9M | $719.4M | +1653.73% |
| Q4 2019 | 2019-12-31 | $431.7M | $419.7M | +3503.56% |
| Q3 2019 | 2019-09-30 | $577.9M | $567.1M | +5249.29% |
| Q2 2019 | 2019-06-30 | $138.0M | $126.5M | +1099.30% |
| Q1 2019 | 2019-03-31 | $43.5M | $33.9M | +355.02% |
| Q4 2018 | 2018-12-31 | $12.0M | $3.0M | +33.98% |
| Q3 2018 | 2018-09-30 | $10.8M | $1.9M | +20.95% |
| Q2 2018 | 2018-06-30 | $11.5M | −$1.3M | −10.32% |
| Q1 2018 | 2018-03-31 | $9.6M | −$867,000 | −8.31% |
| Q4 2017 | 2017-12-31 | $8.9M | $8.5M | +2008.73% |
| Q3 2017 | 2017-09-30 | $8.9M | $8.7M | +4257.07% |
| Q2 2017 | 2017-06-30 | $12.8M | $12.7M | +8751.03% |
| Q1 2017 | 2017-03-31 | $10.4M | $10.4M | +25967.50% |
| Q4 2016 | 2016-12-31 | $424,000 | — | — |
| Q3 2016 | 2016-09-30 | $205,000 | — | — |
| Q2 2016 | 2016-06-30 | $145,000 | — | — |
| Q1 2016 | 2016-03-31 | $40,000 | — | — |
Antero Midstream operating expenses trends
Over the last five fiscal years, Antero Midstream's operating expenses decreased from $1.02B to $543.8M, a change of −$474.6M. The latest reported quarter, Q2 2026, shows $145.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Antero Midstream source filings ↗