Summit Midstream (SMC) Cost of Revenue (2023 - 2026)

Summit Midstream (SMC) posted Cost of Revenue of $38.2 million for Q1 2026, down 3.62% on a QoQ basis from $39.7 million in Q4 2025, and up 13.98% year-over-year from $33.5 million in Q1 2025.

Summit Midstream (SMC) Cost of Revenue (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported Cost of Revenue for 4 consecutive years, with $38.2 million the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $38.2 million, up 13.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $152.1 million (up 13.99% YoY), and the FY2025 annual result was $149.1 million, up 29.69% from the prior year.
  • Cost of Revenue was $38.2 million for Q1 2026 at Summit Midstream, down from $39.7 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $42.1 million in Q4 2024 and troughed at $27.1 million in Q3 2023.
  • A 4-year average of $34.6 million and a median of $35.9 million in 2025 frame the typical range for Cost of Revenue.
  • Peak annual rise in Cost of Revenue reached 35.8% in 2025, while the deepest fall reached 5.75% in 2025.
  • Year by year, Cost of Revenue stood at $37.2 million in 2023, then advanced by 13.18% to $42.1 million in 2024, then declined by 5.75% to $39.7 million in 2025, then fell by 3.62% to $38.2 million in 2026.
  • Per Business Quant, the three latest SMC Cost of Revenue figures stand at $38.2 million (Q1 2026), $39.7 million (Q4 2025), and $38.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 9.60 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.75 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 21.15 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 2.39 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 498.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.05 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 2.76 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 270.00 Mn
10 Summit Midstream 351.13 Mn 626.92 Mn 100.93 Mn 38.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 38.22 Mn
Mar 31, 2026 38.22 Mn
Dec 31, 2025 39.65 Mn
Dec 31, 2025 39.65 Mn
Sep 30, 2025 38.36 Mn
Sep 30, 2025 38.36 Mn
Jun 30, 2025 35.91 Mn
Jun 30, 2025 35.91 Mn
Mar 31, 2025 33.53 Mn
Mar 31, 2025 33.53 Mn
Dec 31, 2024 42.07 Mn
Dec 31, 2024 42.07 Mn
Sep 30, 2024 28.25 Mn
Sep 30, 2024 28.25 Mn
Jun 30, 2024 29.62 Mn
Jun 30, 2024 29.62 Mn
Mar 31, 2024 30.18 Mn
Mar 31, 2024 30.18 Mn
Dec 31, 2023 37.17 Mn
Dec 31, 2023 37.17 Mn