Antero Resources Corporation (AR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AR Revenue Growth
Revenue Breakdown (FY 2025)
AR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
AR Revenue Analysis (2014–2025)
As of May 6, 2026, Antero Resources Corporation (AR) generated trailing twelve-month (TTM) revenue of $5.48 billion, reflecting explosive growth of +33.8% year-over-year. The most recent quarter (Q1 2026) recorded $1.86 billion in revenue, up 45.1% sequentially.
Looking at the longer-term picture, AR's 5-year compound annual growth rate (CAGR) stands at +10.2%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $8.30 billion in 2022.
Revenue diversification analysis shows AR's business is primarily driven by Natural Gas, Production (56%), Natural Gas Liquids Sales (39%), and Oil and Condensate (3%). With over half of revenue concentrated in Natural Gas, Production, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including EQT (+58.4% YoY), RRC (+22.6% YoY), and CNX (+46.8% YoY), AR has underperformed the peer group in terms of revenue growth. Compare AR vs EQT →
AR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ARCurrent | $5.5B | +33.8% | +10.2% | 16.5% | |
 EQT | $9.1B | +58.4% | +27.8% | 34.7% | |
 RRC | $3.0B | +22.6% | +10.9% | 27.9% | |
 CNX | $2.1B | +46.8% | +14.6% | 36.8% | |
 CTRA | $2.8B | +7.3% | +14.4% | 89.1% | |
 AM | $1.3B | +8.1% | +5.3% | 51.2% |
AR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.01B | +21.7% | $1.11B | 22.1% | $829.7M | 16.5% |
| 2024 | $4.12B | -3.7% | $327.3M | 7.9% | $460K | 0.0% |
| 2023 | $4.28B | -48.4% | $612.5M | 14.3% | $396.2M | 9.3% |
| 2022 | $8.30B | +43.3% | $4.59B | 55.3% | $2.54B | 30.6% |
| 2021 | $5.79B | +87.8% | $2.26B | 39.0% | $23.9M | 0.4% |
| 2020 | $3.08B | -15.4% | $-514,443,000 | -16.7% | $-953,447,000 | -30.9% |
| 2019 | $3.64B | -0.2% | $311.5M | 8.5% | $-987,045,000 | -27.1% |
| 2018 | $3.65B | +32.3% | $1.08B | 29.5% | $71.9M | 2.0% |
| 2017 | $2.76B | +57.3% | $656.8M | 23.8% | $740.1M | 26.8% |
| 2016 | $1.76B | +27.6% | $-54,328,000 | -3.1% | $-975,801,000 | -55.6% |
Full AR Stock Analysis
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Start ComparisonAR — Frequently Asked Questions
Quick answers to the most common questions about buying AR stock.
Is AR's revenue growth accelerating or slowing?
AR revenue is accelerating at +33.8% year-over-year, exceeding the 5-year CAGR of +10.2%. TTM revenue reached $5.5B. Growth momentum has increased versus prior periods.
What is AR's long-term revenue growth rate?
Antero Resources Corporation's 5-year revenue CAGR of +10.2% reflects the sustained expansion pattern. Current YoY growth of +33.8% is above this long-term average.
How is AR's revenue distributed by segment?
AR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.