Summit Midstream (SMC) Consolidated Net Income (2023 - 2026)
Summit Midstream (SMC) reported Consolidated Net Income of -$3.2 million for Q1 2026, down 168.32% on a YoY basis from $4.6 million in Q1 2025, and up 56.7% quarter-over-quarter from -$7.3 million in Q4 2025.
Summit Midstream (SMC) Consolidated Net Income (2023 - 2026) Analysis & Trends
Summit Midstream has reported Consolidated Net Income for 4 years, with the latest figure at -$3.2 million in Q1 2026.
- For the quarter ending Q1 2026, Consolidated Net Income fell 168.32% year-over-year to -$3.2 million; the trailing twelve-month figure through Mar 2026 stood at -$9.7 million (up 95.98% YoY), and the FY2025 full-year result was -$1.9 million, up 98.32% from the prior year.
- Consolidated Net Income for Q1 2026 stood at -$3.2 million, up from -$7.3 million in the prior quarter.
- The five-year high for Consolidated Net Income was $132.9 million in Q1 2024, with the low at -$197.5 million in Q3 2024.
- Historically, Consolidated Net Income has averaged -$11.8 million across 4 years, with a median of -$4.2 million in 2025.
- Annual changes were most pronounced in 2024 — Consolidated Net Income slumped 5199.15% — and 2025, when it jumped 102.53%.
- Summit Midstream's Consolidated Net Income stood at -$15.1 million in 2023, then slumped by 63.93% to -$24.8 million in 2024, then surged by 70.5% to -$7.3 million in 2025, then jumped by 56.7% to -$3.2 million in 2026.
- The last three Consolidated Net Income figures came in at -$3.2 million (Q1 2026), -$7.3 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 15.06 Mn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | -3.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.17 Mn |
| Dec 31, 2025 | -7.31 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | -4.23 Mn |
| Mar 31, 2025 | 4.63 Mn |
| Dec 31, 2024 | -24.78 Mn |
| Sep 30, 2024 | -197.54 Mn |
| Jun 30, 2024 | -23.78 Mn |
| Mar 31, 2024 | 132.93 Mn |
| Dec 31, 2023 | -15.12 Mn |
| Sep 30, 2023 | 3.87 Mn |