Antero Resources Corporation
EnergyNYSE:AR · New York Stock Exchange
+$0.49 today
Vol 3.20M · Avg 5.18M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$5.5B of revenue converted into $961.7M of net income for the selected period. Gross margin is 24.1% and net margin is 15.9%, showing how much revenue survives after costs and taxes. EPS is $3.08, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0B +21.7% | $4.1B -3.7% | $4.3B -48.4% | $8.3B +43.3% | $5.8B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $3.9B +3.0% | $3.8B +3.4% | $3.7B -1.1% | $3.7B +4.9% | $3.5B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.1B +238.6% | $327.3M -46.6% | $612.5M -86.7% | $4.6B +103.6% | $2.3B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 22.1% +14.2pp | 7.9% -6.4pp | 14.3% -41.0pp | 55.3% +16.4pp | 38.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $422.7M -10.9% | $474.2M -6.9% | $509.5M -27.7% | $704.2M -26.4% | $956.7M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $278.5M -14.8% | $326.9M +51.2% | $216.2M -89.5% | $2.1B -8.0% | $2.2B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $753.6M -1.6% | $765.8M +2.1% | $750.1M +4.2% | $719.8M -3.5% | $745.8M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.7B +101.0% | $859.5M -30.1% | $1.2B -62.6% | $3.3B +369.7% | $699.5M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 34.5% +13.6pp | 20.9% -7.9pp | 28.7% -10.9pp | 39.6% +27.5pp | 12.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $829.7M +180269.8% | $460.0K -99.9% | $396.2M -84.4% | $2.5B +10542.7% | $23.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 16.5% +16.5pp | 0.0% -9.2pp | 9.3% -21.3pp | 30.6% +30.2pp | 0.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $83.7M -29.2% | $118.2M +0.3% | $117.9M -6.0% | $125.4M -31.1% | $181.9M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $60.7M +343.4% | -$24.9M +29.3% | -$35.3M +64.4% | -$99.2M +60.6% | -$252.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $890.4M +3736.2% | -$24.5M -106.8% | $361.0M -85.2% | $2.4B +1169.3% | -$228.2M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 17.8% +18.4pp | -0.6% -9.0pp | 8.4% -21.0pp | 29.4% +33.3pp | -3.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $215.9M +282.7% | -$118.2M -285.7% | $63.6M -85.6% | $441.3M +695.7% | -$74.1M | $1.3B | -$1.6B | $745.2M |
| Net Income | $634.4M +1008.6% | $57.2M -71.2% | $198.4M -89.4% | $1.9B +1101.4% | -$186.9M | $4.9B | $4.8B | $4.7B |
| Net Margin | 12.7% +11.3pp | 1.4% -3.2pp | 4.6% -17.9pp | 22.6% +25.8pp | -3.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 +1038.9% | $0 -72.7% | $1 -89.2% | $6 +1098.4% | -$1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 +1027.8% | $0 -71.9% | $1 -88.8% | $6 +1032.8% | -$1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $309.7M +0.1% | $309.5M +3.2% | $299.8M -2.4% | $307.2M -0.3% | $308.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $312.4M -0.3% | $313.4M +0.6% | $311.6M -5.4% | $329.2M +6.8% | $308.1M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Ovintiv Inc.
NYSE:OVV
$16.07B
Viper Energy, Inc.
NASDAQ:VNOM
$15.95B
Plains All American Pipeline, L.P.
NASDAQ:PAA
$15.81B
DT Midstream, Inc.
NYSE:DTM
$14.59B
Permian Resources Corporation
NYSE:PR
$14.02B
APA Corporation
NASDAQ:APA
$13.08B
HF Sinclair Corporation
NYSE:DINO
$12.78B
Antero Midstream Corporation
NYSE:AM
$10.28B
Range Resources Corporation
NYSE:RRC
$9.06B
Hess Midstream LP
NYSE:HESM
$7.97B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does AR generate?
Antero Resources Corporation (AR) reported $5.01B of revenue in fiscal 2025.
Is AR profitable?
Antero Resources Corporation (AR) reported $634.42M of net income, with a net margin of 12.7%.
Explore More
Continue the stock analysis
Jump to another research area for this company.