Summit Midstream SMC
NYSE SMC
$34.21 -0.17 (-0.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Summit Midstream's (SMC) quarterly Cost of Revenue came in at $49.1 million in Q2 2026, up 25.1% on a YoY basis from $39.2 million in Q2 2025, and up 24.69% quarter-over-quarter from $39.4 million in Q1 2026.

Analysis

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

Summit Midstream (SMC) has reported Cost of Revenue for 4 consecutive years, with $49.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 25.1% year-over-year to $49.1 million; the trailing twelve-month figure through Jun 2026 stood at $164.8 million (up 26.92% YoY), and the FY2025 full-year result was $149.1 million, up 29.69% from the prior year.
  • Cost of Revenue rose to $49.1 million in Q2 2026 per SMC's latest filing, from $39.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $49.1 million in Q2 2026 and bottomed at $26.9 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $34.7 million across 4 years, with a median of $35.0 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue slipped 21.88% in 2024, then jumped 41.04% in 2025.
  • Over 4 years, Cost of Revenue stood at $34.5 million in 2023, then decreased by 21.88% to $26.9 million in 2024, then jumped by 41.04% to $38.0 million in 2025, then gained by 29.16% to $49.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $49.1 million, $39.4 million, and $38.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.41 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 26.94 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 1.06 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 2.30 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 587.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 9.24 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 15.96 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.29 Bn
10 Summit Midstream 694.72 Mn 994.24 Mn 105.92 Mn 49.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 49.09 Mn
Mar 31, 2026 39.37 Mn
Dec 31, 2025 38.01 Mn
Sep 30, 2025 38.36 Mn
Jun 30, 2025 39.24 Mn
Mar 31, 2025 35.43 Mn
Dec 31, 2024 26.95 Mn
Sep 30, 2024 28.25 Mn
Jun 30, 2024 29.62 Mn
Mar 31, 2024 30.18 Mn
Dec 31, 2023 34.50 Mn
Sep 30, 2023 27.11 Mn