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
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