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
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