Summit Midstream (SMC) Change in Accured Expenses (2023 - 2026)

Summit Midstream (SMC) posted Change in Accured Expenses of -$20.2 million for Q1 2026, down 1182.06% on a QoQ basis from -$1.6 million in Q4 2025, and down 383.3% year-over-year from $7.1 million in Q1 2025.

Summit Midstream (SMC) Change in Accured Expenses (2023 - 2026) Analysis & Trends

Summit Midstream's Change in Accured Expenses history runs 4 years deep, the most recent figure standing at -$20.2 million for Q1 2026.

  • Quarterly Change in Accured Expenses fell 383.3% year-over-year to -$20.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$42.3 million (down 122.32% YoY) and the FY2025 annual result came in at -$15.1 million, down 2309.44% from the prior year.
  • Change in Accured Expenses was -$20.2 million for Q1 2026 at Summit Midstream, down from -$1.6 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $25.5 million in Q1 2024 and bottomed at -$28.7 million in Q2 2024.
  • A 4-year average of -$3.7 million and a median of -$1.4 million in 2023 frame the typical range for Change in Accured Expenses.
  • Annual changes were most pronounced in 2024 — Change in Accured Expenses surged 390.81% — and 2025, when it plunged 420.15%.
  • Summit Midstream's Change in Accured Expenses stood at -$1.1 million in 2023, then soared by 390.81% to $3.3 million in 2024, then sank by 147.75% to -$1.6 million in 2025, then sank by 1182.06% to -$20.2 million in 2026.
  • Business Quant data shows SMC's Change in Accured Expenses at -$20.2 million in Q1 2026, -$1.6 million in Q4 2025, and -$4.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 9.43 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 174.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -161.20 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 Summit Midstream 371.60 Mn 647.38 Mn 99.77 Mn -20.15 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -20.15 Mn
Mar 31, 2026 -20.15 Mn
Dec 31, 2025 -1.57 Mn
Dec 31, 2025 -1.57 Mn
Sep 30, 2025 -4.05 Mn
Sep 30, 2025 -4.05 Mn
Jun 30, 2025 -16.55 Mn
Jun 30, 2025 -16.55 Mn
Mar 31, 2025 7.11 Mn
Mar 31, 2025 7.11 Mn
Dec 31, 2024 3.29 Mn
Dec 31, 2024 3.29 Mn
Sep 30, 2024 -779,000.00
Sep 30, 2024 -779,000.00
Jun 30, 2024 -28.67 Mn
Jun 30, 2024 -28.67 Mn
Mar 31, 2024 25.53 Mn
Mar 31, 2024 25.53 Mn
Dec 31, 2023 -1.13 Mn
Dec 31, 2023 -1.13 Mn