Summit Midstream (SMC) Change in Taxes (2023 - 2026)
Summit Midstream (SMC) posted Change in Taxes of -$5.2 million for Q1 2026, down 325.63% on a QoQ basis from -$1.2 million in Q4 2025, and down 17.19% year-over-year from -$6.3 million in Q1 2025.
Summit Midstream (SMC) Change in Taxes (2023 - 2026) Analysis & Trends
Summit Midstream's Change in Taxes history runs 4 years deep, the most recent figure standing at -$5.2 million for Q1 2026.
- Quarterly Change in Taxes fell 17.19% year-over-year to -$5.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$119000.0 (down 106.56% YoY) and the FY2025 annual result came in at $646000.0, down 35.46% from the prior year.
- Change in Taxes was -$5.2 million for Q1 2026 at Summit Midstream, down from -$1.2 million in the prior quarter.
- Across five years, Change in Taxes topped out at $3.9 million in Q2 2025 and bottomed at -$5.3 million in Q1 2024.
- A 4-year average of -$299200.0 and a median of $1.1 million in 2023 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2024 — Change in Taxes soared 302.61% — and 2025, when it tumbled 152.92%.
- Summit Midstream's Change in Taxes stood at $575000.0 in 2023, then soared by 302.61% to $2.3 million in 2024, then tumbled by 152.92% to -$1.2 million in 2025, then tumbled by 325.63% to -$5.2 million in 2026.
- Business Quant data shows SMC's Change in Taxes at -$5.2 million in Q1 2026, -$1.2 million in Q4 2025, and $2.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (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 | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 18.00 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 | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | -5.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |