Summit Midstream (SMC) Consolidated Net Income (2023 - 2026)
Summit Midstream (SMC) posted Consolidated Net Income of -$3.2 million for Q1 2026, up 56.7% on a QoQ basis from -$7.3 million in Q4 2025, and down 168.32% year-over-year from $4.6 million in Q1 2025.
Summit Midstream (SMC) Consolidated Net Income (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Consolidated Net Income for 4 consecutive years, with -$3.2 million the latest figure, recorded in Q1 2026.
- Consolidated Net Income for Q1 2026 came in at -$3.2 million, down 168.32% year-over-year; the trailing twelve-month figure through Mar 2026 was -$9.7 million (up 95.98% YoY), and the FY2025 annual result was -$1.9 million, up 98.32% from the prior year.
- Consolidated Net Income was -$3.2 million for Q1 2026 at Summit Midstream, up from -$7.3 million in the prior quarter.
- Over five years, Consolidated Net Income peaked at $132.9 million in Q1 2024 and troughed at -$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 sank 5199.15% — and 2025, when it surged 102.53%.
- Year by year, Consolidated Net Income stood at -$15.1 million in 2023, then slumped by 63.93% to -$24.8 million in 2024, then jumped by 70.5% to -$7.3 million in 2025, then soared by 56.7% to -$3.2 million in 2026.
- Per Business Quant, the three latest SMC Consolidated Net Income figures stand at -$3.2 million (Q1 2026), -$7.3 million (Q4 2025), and $5.0 million (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.00 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 487.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 776.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 183.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 625.00 Mn |
| 10 | Summit Midstream | 351.13 Mn | 626.92 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 |