---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-103767"
form_type: "8-K"
ticker: "AM"
cik: "0001623925"
company_name: "Antero Midstream Corp"
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:39:50.132610+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Antero Midstream Q3 adj. EBITDA $281M (+10% YoY); FCF after dividends $78M (+94% YoY)

## Summary
- Net income $116M ($0.24 diluted EPS); adjusted net income $130M ($0.27 diluted EPS), up 17% per share YoY.
- Adjusted EBITDA $281M (+10% YoY); Free Cash Flow after dividends $78M (+94% YoY).
- Gathering volumes +5%, processing +6%, fresh water delivery +30% YoY; capex $51M (-9% YoY).
- Leverage declined to 2.7x; repurchased 2.3M shares for $41M in Q3.
- YTD debt reduction $105M; refinanced nearest-term debt to 2033 at attractive coupon; credit rating upgrade.

## SEC filing metadata
- accession: 0001104659-25-103767
- form_type: 8-K
- ticker: AM
- cik: 0001623925
- company_name: Antero Midstream Corp
- filed_at: 2025-10-29T23:59:59+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/1623925/000110465925103767/0001104659-25-103767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1623925/000110465925103767/tm2529733d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-103767
- JSON: https://secwatch.observer/filing/0001104659-25-103767.json
- Plain text: https://secwatch.observer/filing/0001104659-25-103767.txt

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