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| Date | Value |
|---|---|
| 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 |