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

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

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

Summit Midstream has reported Cost of Revenue for 4 years, with the latest figure at $38.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 13.98% year-over-year to $38.2 million; the trailing twelve-month figure through Mar 2026 stood at $152.1 million (up 13.99% YoY), and the FY2025 full-year result was $149.1 million, up 29.69% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $38.2 million, down from $39.7 million in the prior quarter.
  • The five-year high for Cost of Revenue was $42.1 million in Q4 2024, with the low at $27.1 million in Q3 2023.
  • Historically, Cost of Revenue has averaged $34.6 million across 4 years, with a median of $35.9 million in 2025.
  • The largest YoY upside for Cost of Revenue was 35.8% in 2025 against a maximum downside of 5.75% in 2025.
  • Summit Midstream's Cost of Revenue stood at $37.2 million in 2023, then rose by 13.18% to $42.1 million in 2024, then slipped by 5.75% to $39.7 million in 2025, then dropped by 3.62% to $38.2 million in 2026.
  • The last three Cost of Revenue figures came in at $38.2 million (Q1 2026), $39.7 million (Q4 2025), and $38.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Enbridge 89.89 Bn 90.59 Bn 6.70 Bn 9.60 Bn
2 Enterprise Products Partners 82.10 Bn 80.95 Bn - -
3 Kinder Morgan 70.96 Bn 72.04 Bn 3.08 Bn 1.75 Bn
4 Energy Transfer 65.68 Bn 64.96 Bn 6.62 Bn 21.15 Bn
5 Scorpio Tankers 59.56 Bn 58.58 Bn - 68.80 Mn
6 Targa Resources 58.53 Bn 58.56 Bn 1.70 Bn 2.39 Bn
7 Oneok 57.23 Bn 57.10 Bn 2.57 Bn 7.05 Bn
8 Mplx 57.20 Bn 55.69 Bn 2.54 Bn 498.00 Mn
9 Tc Energy 51.34 Bn 52.53 Bn 2.95 Bn 39.44 Mn
10 Summit Midstream 367.77 Mn 643.56 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