ANTERO RESOURCES Corp (AR) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, ANTERO RESOURCES reported revenue of $5.28B, up 22.0% from $4.33B the year before. Net income was $634.4M (a 12.0% net margin), or $2.03 per diluted share. Gross margin was 16.7% and operating margin was 16.7%. Operating activities generated $1.63B of cash. At fiscal year end, ANTERO RESOURCES held $13.25B in total assets against $5.53B in total liabilities.
Open the full interactive ANTERO RESOURCES financials → Quarterly statements, key ratios, valuation history and price charts.
ANTERO RESOURCES Key Stats
| Share Price | $37.54 |
|---|---|
| Market Cap | $11.66B |
| P/E Ratio | 18.5 |
| Revenue YoY Growth | +22.0% |
| 52-Week Range | $30.03 – $45.15 |
| Shares Outstanding | 309.7 million (basic, 2026 Q2) |
ANTERO RESOURCES Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.49B | $4.62B | $7.14B | $4.68B | $4.33B | $5.28B |
| Cost of Goods Sold | $4.45B | $4.60B | $4.56B | $4.23B | $4.33B | $4.39B |
| Gross Profit | -$953.4M | $23.9M | $2.57B | $453.1M | $460,000 | $883.6M |
| Operating Income | -$953.4M | $23.9M | $2.57B | $453.1M | $460,000 | $883.6M |
| Pre-Tax Income | -$1.66B | -$228.2M | $2.47B | $417.8M | -$24.5M | $890.4M |
| Income Tax | -$397.5M | -$74.1M | $448.7M | $76.0M | -$118.2M | $215.9M |
| Net Income | -$1.27B | -$186.9M | $1.90B | $242.9M | $57.2M | $634.4M |
| Diluted EPS | -$4.65 | -$0.61 | $5.78 | $0.78 | $0.18 | $2.03 |
ANTERO RESOURCES Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.21B | $1.41B | $1.95B | $1.56B |
| Net Income | $76.2M | $193.7M | $535.2M | $278.7M |
| Diluted EPS | $0.24 | $0.62 | $1.72 | $0.90 |
ANTERO RESOURCES Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Current Assets | $574.1M | $686.1M | $787.5M | $475.7M | $507.5M | $831.8M |
| Total Assets | $13.15B | $13.90B | $14.12B | $13.62B | $13.01B | $13.25B |
| Current Liabilities | $983.1M | $2.07B | $1.77B | $1.45B | $1.45B | $1.50B |
| Total Long-Term Debt | $3.00B | $2.13B | $1.18B | $1.54B | $1.49B | $1.40B |
| Total Liabilities | $7.06B | $7.83B | $7.10B | $6.41B | $5.79B | $5.53B |
| Shareholders' Equity | $5.77B | $5.76B | $6.75B | $6.98B | $7.02B | $7.55B |
ANTERO RESOURCES Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $735.6M | $1.66B | $3.05B | $994.7M | $849.3M | $1.63B |
| Cash From Investing | -$530.1M | -$710.8M | -$943.6M | -$1.14B | -$714.2M | -$1.08B |
| Cash From Financing | -$205.6M | -$949.3M | -$2.11B | $146.0M | -$135.1M | -$343.1M |
| Free Cash Flow | -$138.7M | $944.2M | $2.11B | — | — | — |
Figures from ANTERO RESOURCES's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full ANTERO RESOURCES financials page for every line item.
ANTERO RESOURCES Company Profile
| Ticker | AR |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Denver, Colorado |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001433270 |
Frequently Asked Questions
What was ANTERO RESOURCES's revenue in fiscal 2025?
ANTERO RESOURCES (AR) reported revenue of $5.28B for fiscal 2025.
What is ANTERO RESOURCES's annual revenue history?
ANTERO RESOURCES's annual revenue by fiscal year: 2020: $3.49B; 2021: $4.62B; 2022: $7.14B; 2023: $4.68B; 2024: $4.33B; 2025: $5.28B.
What was ANTERO RESOURCES's net income in fiscal 2025?
ANTERO RESOURCES reported net income of $634.4M for fiscal 2025.
What was ANTERO RESOURCES's earnings per share (EPS) in fiscal 2025?
ANTERO RESOURCES's diluted EPS was $2.03 for fiscal 2025 (adjusted for any later stock splits).
What was ANTERO RESOURCES's revenue last quarter?
In its most recent reported quarter (2026 Q2), ANTERO RESOURCES reported revenue of $1.56B.
How much debt does ANTERO RESOURCES have?
ANTERO RESOURCES reported $1.40B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of ANTERO RESOURCES are outstanding?
ANTERO RESOURCES reported a weighted average of 309.7 million basic shares outstanding in 2026 Q2.
What is ANTERO RESOURCES's market cap?
Based on its latest closing price, ANTERO RESOURCES (AR) has a market capitalization of about $11.66B.
When does ANTERO RESOURCES's fiscal year end?
ANTERO RESOURCES's fiscal year end, as registered with the SEC, is December 31.
Where is ANTERO RESOURCES headquartered?
ANTERO RESOURCES lists its business address in Denver, Colorado in its SEC filings.