The Filings Report

ANTERO RESOURCES CORPORATION

ARNYSECIK 1433270Energy / Oil & Gas E&Pfiscal year ends December59 quarters since 2012

Revenue, Q3 FY2026
$1.6B
+28.7% on Q3 FY2025
Net income
$367M
+381.9% on Q3 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$1.19
+395.8% on Q3 FY2025
Revenue, TTM
$6.5B
trailing four quarters
Net margin, TTM
21.2%
net income $1.4B
Free cash flow, TTM
—
Cash and equivalents
—
long-term debt $2.3B, Sep 30, 2026
Shares, 12-month change
−0.4%
307M shares, Sep 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$12.5B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 28, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, ANTERO RESOURCES CORPORATION reported revenue of $1.6B, +28.7% on Q3 FY2025, and net income of $367M (+381.9%). Operating margin was 25.1%. Diluted earnings per share were $1.19.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 28, 2026.

Revenue and net incomeRevenueNet income
−$1B$0$1B$2B$3BQ4'22, Revenue: $2.1BQ4'22, Net income: $703MQ4'22Q1'23, Revenue: $1.4BQ1'23, Net income: $213MQ1'23Q2'23, Revenue: $953MQ2'23, Net income: −$83MQ2'23Q3'23, Revenue: $1.1BQ3'23, Net income: $18MQ3'23Q4'23, Revenue: $1.2BQ4'23, Net income: $50MQ4'23Q1'24, Revenue: $1.1BQ1'24, Net income: $23MQ1'24Q2'24, Revenue: $979MQ2'24, Net income: −$80MQ2'24Q3'24, Revenue: $1.1BQ3'24, Net income: −$35MQ3'24Q4'24, Revenue: $1.2BQ4'24, Net income: $150MQ4'24Q1'25, Revenue: $1.4BQ1'25, Net income: $208MQ1'25Q2'25, Revenue: $1.3BQ2'25, Net income: $157MQ2'25Q3'25, Revenue: $1.2BQ3'25, Net income: $76MQ3'25Q4'25, Revenue: $1.4BQ4'25, Net income: $194MQ4'25Q1'26, Revenue: $1.9BQ1'26, Net income: $535MQ1'26Q2'26, Revenue: $1.6BQ2'26, Net income: $279MQ2'26Q3'26, Revenue: $1.6BQ3'26, Net income: $367MQ3'26−$1B$0$1B$2B$3BQ4'22, Revenue: $2.1BQ4'22, Net income: $703MQ1'23, Revenue: $1.4BQ1'23, Net income: $213MQ1'23Q2'23, Revenue: $953MQ2'23, Net income: −$83MQ3'23, Revenue: $1.1BQ3'23, Net income: $18MQ3'23Q4'23, Revenue: $1.2BQ4'23, Net income: $50MQ1'24, Revenue: $1.1BQ1'24, Net income: $23MQ1'24Q2'24, Revenue: $979MQ2'24, Net income: −$80MQ3'24, Revenue: $1.1BQ3'24, Net income: −$35MQ3'24Q4'24, Revenue: $1.2BQ4'24, Net income: $150MQ1'25, Revenue: $1.4BQ1'25, Net income: $208MQ1'25Q2'25, Revenue: $1.3BQ2'25, Net income: $157MQ3'25, Revenue: $1.2BQ3'25, Net income: $76MQ3'25Q4'25, Revenue: $1.4BQ4'25, Net income: $194MQ1'26, Revenue: $1.9BQ1'26, Net income: $535MQ1'26Q2'26, Revenue: $1.6BQ2'26, Net income: $279MQ3'26, Revenue: $1.6BQ3'26, Net income: $367MQ3'26

Net income losses drawn in red.

Free cash flow
−$100M$0$100M$200M$300MQ4'22, Free cash flow: $253MQ4'22Q1'23, Free cash flow: −$7MQ1'23Q2'23Q3'23Q4'23Q1'24Q2'24Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26−$100M$0$100M$200M$300MQ4'22, Free cash flow: $253MQ1'23, Free cash flow: −$7MQ1'23Q3'23Q1'24Q3'24Q1'25Q3'25Q1'26Q3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3BQ4'22, Long-term debt: $1.2BQ4'22Q1'23, Long-term debt: $1.3BQ1'23Q2'23, Long-term debt: $1.5BQ2'23Q3'23, Long-term debt: $1.6BQ3'23Q4'23, Long-term debt: $1.5BQ4'23Q1'24, Long-term debt: $1.5BQ1'24Q2'24, Long-term debt: $1.6BQ2'24Q3'24, Long-term debt: $1.6BQ3'24Q4'24, Long-term debt: $1.5BQ4'24Q1'25, Long-term debt: $1.3BQ1'25Q2'25, Long-term debt: $1.1BQ2'25Q3'25, Long-term debt: $1.3BQ3'25Q4'25, Long-term debt: $1.4BQ4'25Q1'26, Long-term debt: $2.7BQ1'26Q2'26, Long-term debt: $2.4BQ2'26Q3'26, Long-term debt: $2.3BQ3'26$0$1B$2B$3BQ4'22, Long-term debt: $1.2BQ1'23, Long-term debt: $1.3BQ1'23Q2'23, Long-term debt: $1.5BQ3'23, Long-term debt: $1.6BQ3'23Q4'23, Long-term debt: $1.5BQ1'24, Long-term debt: $1.5BQ1'24Q2'24, Long-term debt: $1.6BQ3'24, Long-term debt: $1.6BQ3'24Q4'24, Long-term debt: $1.5BQ1'25, Long-term debt: $1.3BQ1'25Q2'25, Long-term debt: $1.1BQ3'25, Long-term debt: $1.3BQ3'25Q4'25, Long-term debt: $1.4BQ1'26, Long-term debt: $2.7BQ1'26Q2'26, Long-term debt: $2.4BQ3'26, Long-term debt: $2.3BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

ANTERO RESOURCES CORPORATION income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 11, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 12, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue1,5631,5601,9451,4121,2141,2971,3531,169+28.7%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative5858635657576259+1.5%
Operating income39237572928911820527158+231.7%
Other income (expense)72(10)(36)(16)11102(3)+562.7%
Pretax income46436569427312921527455+259.5%
Income tax967914670434854(104)+122.4%
Net income36727953519476157208150+381.9%
Diluted EPS ($)1.190.901.72—0.240.500.66—+395.8%
Diluted shares (millions)309311311—311313315——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

ANTERO RESOURCES CORPORATION balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 11, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 12, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents—————————
Short-term investments—————————
Total current assets765694678832428428575508+78.9%
Total assets15,57915,23315,34913,24512,91212,76613,04913,010+20.7%
Total current liabilities1,9451,7291,6931,5031,3861,4051,4851,446+40.3%
Long-term debt2,3312,4322,6651,3981,3071,0991,2851,489+78.3%
Total liabilities6,9386,9167,1265,5305,3945,2825,6415,794+28.6%
Stockholders’ equity8,6418,3178,0637,5517,3467,3067,2187,022+17.6%
Shares outstanding (millions)307307310309308309311311—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

ANTERO RESOURCES CORPORATION cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 11, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 12, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow575439859371310492458278+85.5%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization241227206187189188186194+27.8%
Share repurchases56——0517510—+8.5%
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 11, 2026.

Income statement

ANTERO RESOURCES CORPORATION income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 11, 2026FY2024ended Dec 31, 2024filed Feb 12, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 16, 2022FY2020ended Dec 31, 2020filed Feb 17, 2021FY2019ended Dec 31, 2019filed Feb 12, 2020FY2018ended Dec 31, 2018filed Feb 13, 2019FY2017ended Dec 31, 2017filed Feb 13, 2018FY2016ended Dec 31, 2016filed Feb 28, 2017FY2015ended Dec 31, 2015filed Feb 24, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Nov 6, 2013FY2011ended Dec 31, 2011filed Nov 6, 2013
Revenue5,2764,3264,6827,1384,6193,4924,4094,1403,6561,7453,9552,7211,313736691
Cost of revenue———————————————
Gross profit———————————————
Research and development———————————————
Selling, general and administrative2332292251731451341792402512392342174254533
Operating income88403962,53924(953)(987)72740(976)1,7901,300341444531
Other income (expense)7(25)(35)(99)(252)(704)620(246)(250)(270)(234)(180)(179)(98)(74)
Pretax income890(24)3612,440(228)(1,658)(367)(175)490(1,246)1,5561,119162347456
Income tax216(118)64441(74)(397)(74)(129)(295)(496)576446186121185
Net income634571981,872(187)(1,268)(340)(398)615(849)941674(19)(285)393
Diluted EPS ($)2.030.180.645.69(0.61)(4.65)(1.11)(1.26)1.94(2.88)3.432.57(0.07)(1.09)1.50
Diluted shares (millions)312313312329308272306316316295274262262262—

Balance sheet

ANTERO RESOURCES CORPORATION balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 11, 2026FY2024ended Dec 31, 2024filed Feb 12, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 16, 2022FY2020ended Dec 31, 2020filed Feb 17, 2021FY2019ended Dec 31, 2019filed Feb 12, 2020FY2018ended Dec 31, 2018filed Feb 13, 2019FY2017ended Dec 31, 2017filed Feb 13, 2018FY2016ended Dec 31, 2016filed Feb 28, 2017FY2015ended Dec 31, 2015filed Feb 24, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Nov 6, 2013FY2011ended Dec 31, 2011filed Nov 6, 2013
Cash and equivalents————————28322324617193
Short-term investments———————————————
Total current assets8325084767886865749238078334031,2481,252334275—
Total assets13,24513,01013,51714,11813,89713,15115,19815,51915,26114,25614,11511,5736,6143,619—
Total current liabilities1,5031,4461,4521,7752,0689831,040854762817707895622376—
Long-term debt1,3981,4891,5381,1832,1253,0023,7595,4624,8004,7044,6694,363———
Total liabilities5,5305,7946,3837,1017,8307,0618,2277,0326,3856,5276,8296,1003,0151,945—
Stockholders’ equity7,5517,0226,9026,7555,7575,7686,9717,6668,1496,2635,9344,3843,5991,6741,959
Shares outstanding (millions)309311304295315301287309317315277262262——

Cash flow statement

ANTERO RESOURCES CORPORATION cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 11, 2026FY2024ended Dec 31, 2024filed Feb 12, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 16, 2022FY2020ended Dec 31, 2020filed Feb 17, 2021FY2019ended Dec 31, 2019filed Feb 12, 2020FY2018ended Dec 31, 2018filed Feb 13, 2019FY2017ended Dec 31, 2017filed Feb 13, 2018FY2016ended Dec 31, 2016filed Feb 28, 2017FY2015ended Dec 31, 2015filed Feb 24, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Nov 6, 2013FY2011ended Dec 31, 2011filed Nov 6, 2013
Operating cash flow1,6318499953,0511,6607361,1032,0822,0061,2411,016998535332266
Capital expenditures———9447168741,4222,2112,217——4,0872,672——
Free cash flow (CFO − capex)———2,107944(139)(319)(129)(210)——(3,088)(2,137)——
Depreciation and amortization75076274771574286291597282581071047823410256
Share repurchases136—75874—4339129———————
Dividends paid———————————————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 3, 2024 to November 3, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$334K
2 purchases by 1 insider; officers and directors $334K
Sold, twelve months
$11M
8 sales by 4 insiders; officers and directors $11M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 10, 2026Munoz Jeffrey S.Directoraward1,497$0.00—12,101Oct 13, 2026
Oct 10, 2026Tyree Thomas B JRDirectoraward1,497$0.00—105,955Oct 13, 2026
Oct 10, 2026Sutil VickyDirectoraward1,497$0.00—105,955Oct 13, 2026
Oct 10, 2026Keenan W Howard JRDirectoraward1,497$0.00—374,435Oct 13, 2026
Oct 10, 2026Hardesty Benjamin A.Directoraward2,019$0.00—156,355Oct 13, 2026
Oct 10, 2026Schroer Brenda RDirectoraward1,497$0.00—40,158Oct 13, 2026
Oct 10, 2026Mutschler Jacqueline CDirectoraward1,497$0.00—71,488Oct 13, 2026
Jul 10, 2026Hardesty Benjamin A.Directoraward2,181$0.00—154,336Jul 14, 2026
Jul 10, 2026Schroer Brenda RDirectoraward1,617$0.00—38,661Jul 14, 2026
Jul 10, 2026Keenan W Howard JRDirectoraward1,617$0.00—372,938Jul 14, 2026
Jul 10, 2026Mutschler Jacqueline CDirectoraward1,617$0.00—69,991Jul 14, 2026
Jul 10, 2026Tyree Thomas B JRDirectoraward1,617$0.00—104,458Jul 14, 2026
Jul 10, 2026Sutil VickyDirectoraward1,617$0.00—104,458Jul 14, 2026
Jul 10, 2026Munoz Jeffrey S.Directoraward1,617$0.00—10,604Jul 14, 2026
May 4, 2026Schultz Yvette KSee Remarksopen-market sale38,941$39.26$2M278,214May 4, 2026
May 4, 2026Schultz Yvette KSee Remarksopen-market sale549$39.76$22K277,665May 4, 2026
May 4, 2026Kennedy Michael N.See Remarks, Directoropen-market sale10b5-1170,740$39.31$7M1MMay 4, 2026
May 4, 2026Kennedy Michael N.See Remarks, Directoropen-market sale10b5-115,086$39.61$598K1MMay 4, 2026
Apr 10, 2026Keenan W Howard JRDirectoraward1,418$0.00—371,321Apr 14, 2026
Apr 10, 2026Sutil VickyDirectoraward1,418$0.00—102,841Apr 14, 2026
Apr 10, 2026Tyree Thomas B JRDirectoraward1,418$0.00—102,841Apr 14, 2026
Apr 10, 2026Munoz Jeffrey S.Directoraward1,418$0.00—8,987Apr 14, 2026
Apr 10, 2026Mutschler Jacqueline CDirectoraward1,418$0.00—68,374Apr 14, 2026
Apr 10, 2026Schroer Brenda RDirectoraward1,418$0.00—37,044Apr 14, 2026
Apr 10, 2026Hardesty Benjamin A.Directoraward1,913$0.00—152,155Apr 14, 2026

Full insider history for ANTERO RESOURCES CORPORATION, or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held AR in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded AR by quarter.

FundManagerQuarterValueSharesWeightMove
Greenlight CapitalDavid EinhornQ2 2026$55M2M1.42%added +94.7%

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
ANTERO RESOURCES CORPORATION, CIK 1433270 on EDGAR
Extract generated
November 4, 2026
Withheld
1 line-years whose four quarters do not sum to the filed year: capex FY2021
Repaired
4 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2021, net income FY2021, pretax income FY2021, other income FY2025
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense, OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss, NetIncomeLossAvailableToCommonStockholdersBasic
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated November 4, 2026.

JSON file
/data/financials/AR.json