---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-050453"
form_type: "8-K"
ticker: "AM"
cik: "0001623925"
company_name: "Antero Midstream Corp"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:59:38.765351+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Antero Midstream Q1 Net Income $87M, raises 2023 Adjusted EBITDA guidance by $20M

## Summary
- Net income $87M ($0.18/share), up 6% YoY; adjusted net income $100M ($0.21/share), up 11% YoY.
- Adjusted EBITDA $242M, a 16% YoY increase on 8% gathering and 11% compression volume growth.
- Capital expenditures $34M, down 64% YoY; Free Cash Flow after dividends $46M vs -$38M deficit prior year.
- FY 2023 guidance raised: Net income $355-395M (+$15M), Adjusted EBITDA $950-990M (+$20M), FCF after dividends $125-155M (+$35M).

## SEC filing metadata
- accession: 0001104659-23-050453
- form_type: 8-K
- ticker: AM
- cik: 0001623925
- company_name: Antero Midstream Corp
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1623925/000110465923050453/0001104659-23-050453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1623925/000110465923050453/tm2313698d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-050453
- JSON: https://secwatch.observer/filing/0001104659-23-050453.json
- Plain text: https://secwatch.observer/filing/0001104659-23-050453.txt

## Key facts
- Earnings Releases
  Antero Midstream Corp reported the quarter ended March 31, 2023 results: net income $87 million, EPS $0.18 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $87 million
  - EPS: $0.18 per diluted share
  - Result: reported results
  source text: Net Income was $87 million, or $0.18 per diluted share, a 6% per share increase compared to the prior year quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1623925/000110465923050453/0001104659-23-050453-index.htm
- Earnings Releases
  Antero Midstream Corp updated its Full Year 2023 guidance (raised).
  - Period: Full Year 2023
  - Guidance: raised
  - Result: guidance update
  source text: Increasing Net Income by $15 million to a range of $355 to $395 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1623925/000110465923050453/0001104659-23-050453-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.