Summit Midstream (SMC) Accumulated Expenses (2023 - 2026)
Summit Midstream (SMC) posted Accumulated Expenses of $4.2 million for Q1 2026, down 85.94% on a QoQ basis from $30.0 million in Q4 2025, and down 90.9% year-over-year from $46.4 million in Q1 2025.
Summit Midstream (SMC) Accumulated Expenses (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Accumulated Expenses for 4 consecutive years, with $4.2 million the latest figure, recorded in Q1 2026.
- Accumulated Expenses for Q1 2026 came in at $4.2 million, down 90.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.2 million (down 90.9% YoY), and the FY2025 annual result was $30.0 million, down 21.3% from the prior year.
- Accumulated Expenses was $4.2 million for Q1 2026 at Summit Midstream, down from $30.0 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $46.4 million in Q1 2025 and troughed at $4.2 million in Q1 2026.
- A 4-year average of $27.2 million and a median of $29.8 million in 2024 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2024 — Accumulated Expenses gained 17.91% — and 2026, when it plunged 90.9%.
- Year by year, Accumulated Expenses stood at $32.4 million in 2023, then increased by 17.91% to $38.2 million in 2024, then declined by 21.3% to $30.0 million in 2025, then slumped by 85.94% to $4.2 million in 2026.
- Per Business Quant, the three latest SMC Accumulated Expenses figures stand at $4.2 million (Q1 2026), $30.0 million (Q4 2025), and $9.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Summit Midstream | 351.13 Mn | 626.92 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 |