Summit Midstream (SMC) Accumulated Expenses (2023 - 2026)
Summit Midstream (SMC) reported Accumulated Expenses of $4.2 million for Q1 2026, down 90.9% on a YoY basis from $46.4 million in Q1 2025, and down 85.94% quarter-over-quarter from $30.0 million in Q4 2025.
Summit Midstream (SMC) Accumulated Expenses (2023 - 2026) Analysis & Trends
Summit Midstream has reported Accumulated Expenses for 4 years, with the latest figure at $4.2 million in Q1 2026.
- For the quarter ending Q1 2026, Accumulated Expenses fell 90.9% year-over-year to $4.2 million; the trailing twelve-month figure through Mar 2026 stood at $4.2 million (down 90.9% YoY), and the FY2025 full-year result was $30.0 million, down 21.3% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $4.2 million, down from $30.0 million in the prior quarter.
- The five-year high for Accumulated Expenses was $46.4 million in Q1 2025, with the low at $4.2 million in Q1 2026.
- Historically, Accumulated Expenses has averaged $27.2 million across 4 years, with a median of $29.8 million in 2024.
- Annual changes were most pronounced in 2024 — Accumulated Expenses rose 17.91% — and 2026, when it sank 90.9%.
- Summit Midstream's Accumulated Expenses stood at $32.4 million in 2023, then climbed by 17.91% to $38.2 million in 2024, then slipped by 21.3% to $30.0 million in 2025, then slumped by 85.94% to $4.2 million in 2026.
- The last three Accumulated Expenses figures came in at $4.2 million (Q1 2026), $30.0 million (Q4 2025), and $9.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.22 Mn |
| Dec 31, 2025 | 30.05 Mn |
| Sep 30, 2025 | 9.48 Mn |
| Jun 30, 2025 | 26.95 Mn |
| Mar 31, 2025 | 46.40 Mn |
| Dec 31, 2024 | 38.18 Mn |
| Sep 30, 2024 | 29.65 Mn |
| Dec 31, 2023 | 32.38 Mn |