---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-012278"
form_type: "8-K"
ticker: "AM"
cik: "0001623925"
company_name: "Antero Midstream Corp"
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T22:53:54.463236+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Antero Midstream Q4 net income $111M ($0.23/share), adj. EBITDA $274M; 2025 guidance +5%

## Summary
- Net income $111M ($0.23 diluted) in Q4 2024, +10% per share YoY; full year net income $401M ($0.83).
- Adjusted EBITDA $274M in Q4 (+8% YoY); full year $1.05B (+6%). Free cash flow after dividends $93M (+91%).
- Share repurchases of 1.9M shares for $29M in Q4; leverage reduced to below 3.0x.
- 2025 guidance: net income $445-485M ($0.92-$1.00), adj. EBITDA $1.08-1.12B (+5% mid), FCF after dividends $250-300M.
- Capital expenditures $24M in Q4 (-47% YoY); 2025 capex guidance $170-200M.

## SEC filing metadata
- accession: 0001104659-25-012278
- form_type: 8-K
- ticker: AM
- cik: 0001623925
- company_name: Antero Midstream Corp
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1623925/000110465925012278/0001104659-25-012278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1623925/000110465925012278/tm256296d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-012278
- JSON: https://secwatch.observer/filing/0001104659-25-012278.json
- Plain text: https://secwatch.observer/filing/0001104659-25-012278.txt

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