Summit Midstream (SMC) Change in Accured Expenses (2023 - 2026)
Summit Midstream's (SMC) quarterly Change in Accured Expenses came in at -$20.2 million in Q1 2026, down 383.3% YoY from $7.1 million in Q1 2025, and down 1182.06% on a QoQ basis from -$1.6 million in Q4 2025.
Summit Midstream (SMC) Change in Accured Expenses (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Change in Accured Expenses data on file, last reported at -$20.2 million in 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 declined to -$20.2 million in Q1 2026, from -$1.6 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $25.5 million in Q1 2024 to a low of -$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 sank 420.15%.
- Tracing SMC's Change in Accured Expenses over 4 years: stood at -$1.1 million in 2023, then jumped by 390.81% to $3.3 million in 2024, then tumbled by 147.75% to -$1.6 million in 2025, then tumbled by 1182.06% to -$20.2 million in 2026.
- The last three Change in Accured Expenses figures came in at -$20.2 million (Q1 2026), -$1.6 million (Q4 2025), and -$4.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 174.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 140.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 193.60 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | -82.00 Mn |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 38.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.86 Mn |
| Jun 30, 2026 | 38.86 Mn |
| 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 |