Summit Midstream (SMC) Consolidated Net Income (2023 - 2026)
Summit Midstream's (SMC) quarterly Consolidated Net Income came in at -$3.2 million in Q1 2026, down 168.32% YoY from $4.6 million in Q1 2025, and up 56.7% on a QoQ basis from -$7.3 million in Q4 2025.
Summit Midstream (SMC) Consolidated Net Income (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Consolidated Net Income data on file, last reported at -$3.2 million in Q1 2026.
- Quarterly Consolidated Net Income fell 168.32% year-over-year to -$3.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$9.7 million (up 95.98% YoY) and the FY2025 annual result came in at -$1.9 million, up 98.32% from the prior year.
- Consolidated Net Income climbed to -$3.2 million in Q1 2026, from -$7.3 million in the prior quarter.
- In the past five years, Consolidated Net Income ranged from a high of $132.9 million in Q1 2024 to a low of -$197.5 million in Q3 2024.
- A 4-year average of -$11.8 million and a median of -$4.2 million in 2025 frame the typical range for Consolidated Net Income.
- Annual changes were most pronounced in 2024 — Consolidated Net Income slumped 5199.15% — and 2025, when it jumped 102.53%.
- Tracing SMC's Consolidated Net Income over 4 years: 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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 988.96 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.09 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 967.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 777.70 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 4.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.57 Mn |
| 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 |