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| Date | Value |
|---|---|
| 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 |