Summit Midstream (SMC) Change in Taxes (2023 - 2026)

Summit Midstream (SMC) reported Change in Taxes of -$5.2 million for Q1 2026, down 17.19% on a YoY basis from -$6.3 million in Q1 2025, and down 325.63% quarter-over-quarter from -$1.2 million in Q4 2025.

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

Summit Midstream has reported Change in Taxes for 4 years, with the latest figure at -$5.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Taxes fell 17.19% year-over-year to -$5.2 million; the trailing twelve-month figure through Mar 2026 stood at -$119000.0 (down 106.56% YoY), and the FY2025 full-year result was $646000.0, down 35.46% from the prior year.
  • Change in Taxes for Q1 2026 stood at -$5.2 million, down from -$1.2 million in the prior quarter.
  • The five-year high for Change in Taxes was $3.9 million in Q2 2025, with the low at -$5.3 million in Q1 2024.
  • Historically, Change in Taxes has averaged -$299200.0 across 4 years, with a median of $1.1 million in 2023.
  • Annual changes were most pronounced in 2024 — Change in Taxes soared 302.61% — and 2025, when it plunged 152.92%.
  • Summit Midstream's Change in Taxes stood at $575000.0 in 2023, then jumped by 302.61% to $2.3 million in 2024, then sank by 152.92% to -$1.2 million in 2025, then sank by 325.63% to -$5.2 million in 2026.
  • The last three Change in Taxes figures came in at -$5.2 million (Q1 2026), -$1.2 million (Q4 2025), and $2.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Enbridge 89.85 Bn 90.55 Bn 6.70 Bn -
2 Enterprise Products Partners 80.59 Bn 79.44 Bn - -
3 Kinder Morgan 70.78 Bn 71.86 Bn 3.08 Bn -58.00 Mn
4 Energy Transfer 65.32 Bn 64.60 Bn 6.62 Bn -
5 Scorpio Tankers 61.31 Bn 60.32 Bn - -
6 Targa Resources 58.52 Bn 58.55 Bn 1.70 Bn -
7 Mplx 57.50 Bn 55.99 Bn 2.54 Bn -
8 Oneok 57.00 Bn 56.87 Bn 2.57 Bn -
9 Tc Energy 51.73 Bn 52.93 Bn 2.95 Bn -
10 Summit Midstream 367.77 Mn 643.56 Mn 100.93 Mn -5.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.21 Mn
Mar 31, 2026 -5.21 Mn
Dec 31, 2025 -1.23 Mn
Dec 31, 2025 -1.23 Mn
Sep 30, 2025 2.41 Mn
Sep 30, 2025 2.41 Mn
Jun 30, 2025 3.91 Mn
Jun 30, 2025 3.91 Mn
Mar 31, 2025 -4.45 Mn
Mar 31, 2025 -4.45 Mn
Dec 31, 2024 2.32 Mn
Dec 31, 2024 2.32 Mn
Sep 30, 2024 2.41 Mn
Sep 30, 2024 2.41 Mn
Jun 30, 2024 1.54 Mn
Jun 30, 2024 1.54 Mn
Mar 31, 2024 -5.26 Mn
Mar 31, 2024 -5.26 Mn
Dec 31, 2023 575,000.00
Dec 31, 2023 575,000.00