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
DateValue
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