Antero Resources Corporation (AR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.86B | 1.28B | 1.13B | 1.2B | 1.39B | 1.15B | 983.58M | 928.08M | 1.06B | 1.11B | 1.06B | 893.61M | 1.22B | 1.8B | 2.43B | 2.35B | 1.72B | 1.9B | 1.54B | 1.14B |
| Revenue Growth % | 33.75% | 11.66% | 15.24% | 29.73% | 31.68% | 3.81% | -7.38% | 3.86% | -13.04% | -38.51% | -56.22% | -62% | -29.29% | -5.36% | 57.54% | 105.79% | 42.69% | 91.52% | 92.95% | 94.38% |
| Cost of Goods Sold | 1.12B | 1.01B | 961.08M | 961.38M | 970.65M | 1.02B | 932.4M | 923.77M | 950.04M | 904.1M | 913.89M | 900.29M | 891.35M | 900.58M | 1.01B | 936.7M | 829.25M | 894.89M | 888.62M | 884.03M |
| COGS % of Revenue | 60.18% | 78.87% | 84.79% | 79.85% | 69.7% | 88.8% | 94.8% | 99.54% | 89.83% | 81.65% | 86.06% | 100.75% | 73.3% | 50.01% | 41.49% | 39.83% | 48.22% | 47.03% | 57.71% | 77.36% |
| Gross Profit | 741.78M | 271.25M | 172.4M | 242.66M | 421.94M | 128.8M | 51.18M | 4.32M | 107.52M | 203.22M | 148.07M | -6.68M | 324.74M | 900.33M | 1.42B | 1.42B | 890.66M | 1.01B | 651.11M | 258.78M |
| Gross Margin % | 39.82% | 21.13% | 15.21% | 20.15% | 30.3% | 11.21% | 5.2% | 0.46% | 10.17% | 18.35% | 13.94% | -0.75% | 26.7% | 49.99% | 58.51% | 60.17% | 51.79% | 52.97% | 42.29% | 22.64% |
| Gross Profit Growth % | 75.8% | 110.61% | 236.85% | 5523.59% | 292.42% | -36.62% | -65.44% | 164.62% | -66.89% | -77.43% | -89.57% | -100.47% | -63.54% | -10.68% | 117.97% | 446.85% | 164.27% | 1387.58% | 551.29% | 185.49% |
| Operating Expenses | 80.31M | 64.19M | 68.56M | 70.75M | 75.06M | 125.61M | 57.08M | 84.4M | 59.78M | 48.37M | 92.34M | 82.26M | -6.75M | -42.49M | 645.08M | 353.6M | 1.1B | -248.39M | 1.34B | 901.73M |
| OpEx % of Revenue | 4.31% | 5% | 6.05% | 5.88% | 5.39% | 10.93% | 5.8% | 9.09% | 5.65% | 4.37% | 8.7% | 9.21% | -0.55% | -2.36% | 26.59% | 15.04% | 63.68% | -13.05% | 86.72% | 78.9% |
| Selling, General & Admin | 125.89M | 100.33M | 108.01M | 109.17M | 105.22M | 111.56M | 116.77M | 130.24M | 115.67M | 122.82M | 127.97M | 120.08M | 138.62M | 165.61M | 228.28M | 175.74M | 134.59M | 220.19M | 299.19M | 231.17M |
| SG&A % of Revenue | 6.76% | 7.82% | 9.53% | 9.07% | 7.56% | 9.71% | 11.87% | 14.03% | 10.94% | 11.09% | 12.05% | 13.44% | 11.4% | 9.2% | 9.41% | 7.47% | 7.83% | 11.57% | 19.43% | 20.23% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K |
| Operating Income | 661.46M | 207.07M | 103.84M | 171.91M | 346.88M | 3.19M | -5.9M | -80.09M | 47.74M | 154.84M | 55.73M | -88.94M | 331.49M | 942.83M | 774.16M | 1.06B | -204.6M | 1.26B | -684.07M | -642.95M |
| Operating Margin % | 35.51% | 16.13% | 9.16% | 14.28% | 24.91% | 0.28% | -0.6% | -8.63% | 4.51% | 13.98% | 5.25% | -9.95% | 27.26% | 52.35% | 31.92% | 45.14% | -11.9% | 66.02% | -44.43% | -56.26% |
| Operating Income Growth % | 90.69% | 6387.03% | 1859.17% | 314.66% | 626.61% | -97.94% | -110.59% | 9.95% | -85.6% | -83.58% | -92.8% | -108.38% | 262.02% | -24.95% | 213.17% | 265.1% | -316.42% | 765.54% | 9.29% | -5.94% |
| EBITDA | 868.76M | 395.09M | 293.57M | 360.44M | 534.17M | 252.68M | 129.77M | 109.33M | 238.99M | 329.84M | 232.88M | 83.67M | 499.95M | 1.12B | 944.4M | 1.24B | -33.77M | 1.44B | -503.38M | -454.29M |
| EBITDA Margin % | 46.64% | 30.78% | 25.9% | 29.94% | 38.36% | 21.98% | 13.19% | 11.78% | 22.6% | 29.79% | 21.93% | 9.36% | 41.11% | 62.01% | 38.93% | 52.54% | -1.96% | 75.42% | -32.69% | -39.75% |
| EBITDA Growth % | 62.64% | 56.36% | 126.21% | 229.69% | 123.51% | -23.39% | -44.27% | 30.66% | -52.2% | -70.46% | -75.34% | -93.23% | 1580.59% | -22.19% | 287.61% | 372.01% | -111.67% | 304.26% | 2.18% | -15.96% |
| D&A (Non-Cash Add-back) | 207.3M | 188.02M | 189.72M | 188.53M | 187.29M | 249.49M | 135.68M | 189.41M | 191.25M | 174.99M | 177.15M | 172.61M | 168.46M | 173.84M | 170.24M | 174.2M | 170.83M | 178.72M | 180.69M | 188.66M |
| EBIT | 730.68M | 294.99M | 147.17M | 234.72M | 297.23M | 27.12M | 19.2M | -59.2M | 71.09M | 178.52M | 77.94M | -69.84M | 349.08M | 959.64M | 758.66M | 1.07B | -190.07M | 1.27B | -679.82M | -660.45M |
| Net Interest Income | -36.96M | -22.13M | -18.23M | -19.95M | -23.37M | -27.06M | -28.28M | -32.68M | -30.19M | -32.61M | -31.63M | -27.93M | -25.7M | -25.12M | -28.33M | -34.21M | -37.71M | -43.75M | -45.41M | -49.96M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 36.96M | 22.13M | 18.23M | 19.95M | 23.37M | 27.06M | 28.28M | 32.68M | 30.19M | 32.61M | 31.63M | 27.93M | 25.7M | 25.12M | 28.33M | 34.21M | 37.71M | 43.75M | 45.41M | 49.96M |
| Other Income/Expense | 32.26M | 65.8M | 25.1M | 42.85M | -73.01M | -3.14M | -3.17M | -11.8M | -6.84M | -8.93M | -9.43M | -8.83M | -8.11M | -8.31M | -43.83M | -23.91M | -23.19M | -34.83M | -41.16M | -67.47M |
| Pretax Income | 693.72M | 272.87M | 128.94M | 214.76M | 273.87M | 56K | -9.07M | -91.89M | 40.9M | 145.91M | 46.3M | -97.77M | 323.38M | 934.52M | 730.33M | 1.04B | -227.79M | 1.22B | -725.23M | -710.42M |
| Pretax Margin % | 37.24% | 21.26% | 11.38% | 17.84% | 19.67% | 0% | -0.92% | -9.9% | 3.87% | 13.18% | 4.36% | -10.94% | 26.59% | 51.89% | 30.11% | 44.12% | -13.24% | 64.19% | -47.1% | -62.16% |
| Income Tax | 145.51M | 69.95M | 43.33M | 48.19M | 54.4M | -116.1M | 1.21M | -17.29M | 6.23M | 29.98M | 13.66M | -29.83M | 62.18M | 140.39M | 135.82M | 225.57M | -53.09M | 263.49M | -158.66M | -175.97M |
| Effective Tax Rate % | 20.98% | 25.63% | 33.6% | 22.44% | 19.86% | -207314.29% | -13.36% | 18.81% | 15.23% | 20.55% | 29.51% | 30.51% | 19.23% | 15.02% | 18.6% | 21.74% | 23.31% | 21.57% | 21.88% | 24.77% |
| Net Income | 535.22M | 193.68M | 76.18M | 156.59M | 207.97M | 106.99M | -20.44M | -79.81M | 22.73M | 94.76M | 17.81M | -83.08M | 213.43M | 730.3M | 559.76M | 765.13M | -156.42M | 901.38M | -549.32M | -523.47M |
| Net Margin % | 28.73% | 15.09% | 6.72% | 13% | 14.93% | 9.31% | -2.08% | -8.6% | 2.15% | 8.56% | 1.68% | -9.3% | 17.55% | 40.55% | 23.08% | 32.53% | -9.09% | 47.37% | -35.68% | -45.81% |
| Net Income Growth % | 157.35% | 81.03% | 472.62% | 296.21% | 814.96% | 12.9% | -214.8% | 3.95% | -89.35% | -87.02% | -96.82% | -110.86% | 236.45% | -18.98% | 201.9% | 246.17% | -909.22% | 1190.83% | -2.56% | -12.99% |
| Net Income (Continuing) | 548.21M | 202.92M | 85.61M | 166.57M | 219.47M | 116.15M | -10.29M | -74.6M | 34.67M | 115.93M | 32.64M | -67.93M | 261.2M | 794.13M | 594.51M | 812.03M | -174.7M | 958.02M | -566.58M | -534.45M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 160.17M | 164.82M | 171.79M | 178.88M | 190.41M | 194.88M | 201.37M | 206.95M | 221.02M | 232.7M | 236.11M | 242.43M | 259.03M | 262.6M | 258.79M | 270.25M | 254.9M | 308.93M | 284.94M | 320.95M |
| EPS (Diluted) | 1.72 | 0.62 | 0.24 | 0.50 | 0.66 | 0.34 | -0.07 | -0.26 | 0.07 | 0.16 | 0.06 | -0.28 | 0.69 | 2.31 | 1.72 | 2.29 | -0.50 | 2.65 | -1.75 | -1.70 |
| EPS Growth % | 160.61% | 82.35% | 465.3% | 292.31% | 842.86% | 112.5% | -212.69% | 7.14% | -89.86% | -93.07% | -96.61% | -112.23% | 238% | -12.83% | 198.29% | 234.71% | -900% | 1161.9% | 12.06% | 1.73% |
| EPS (Basic) | 1.73 | 0.63 | 0.25 | 0.50 | 0.67 | 0.34 | -0.07 | -0.26 | 0.07 | 0.17 | 0.06 | -0.28 | 0.72 | 2.44 | 1.83 | 2.46 | -0.50 | 2.87 | -1.75 | -1.70 |
| Diluted Shares Outstanding | 311.43M | 311.08M | 311.03M | 313.18M | 314.8M | 313.41M | 311.02M | 310.81M | 312.5M | 311.96M | 311.53M | 300.14M | 311.85M | 316.36M | 326M | 334.56M | 314.08M | 340.11M | 313.79M | 307.88M |
| Basic Shares Outstanding | 308.93M | 308.49M | 308.76M | 310.32M | 311.33M | 309.49M | 311.02M | 310.81M | 304.94M | 301.82M | 300.14M | 300.14M | 296.76M | 299.04M | 325.44M | 334.12M | 312.84M | 313.92M | 313.79M | 307.88M |
| Dividend Payout Ratio | - | - | 123.32% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |