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

Summit Midstream (SMC) posted Cost of Revenue of $39.4 million for Q1 2026, down 0.71% on a QoQ basis from $39.7 million in Q4 2025, and up 11.11% year-over-year from $35.4 million in Q1 2025.

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

Summit Midstream's Cost of Revenue history runs 4 years deep, the most recent figure standing at $39.4 million for Q1 2026.

  • Quarterly Cost of Revenue rose 11.11% year-over-year to $39.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $153.1 million (up 27.3% YoY) and the FY2025 annual result came in at $149.1 million, up 29.69% from the prior year.
  • Cost of Revenue was $39.4 million for Q1 2026 at Summit Midstream, down from $39.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $39.7 million in Q4 2025 and bottomed at $26.9 million in Q4 2024.
  • A 4-year average of $33.2 million and a median of $34.5 million in 2023 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2024 — Cost of Revenue declined 21.88% — and 2025, when it jumped 47.14%.
  • Summit Midstream's Cost of Revenue stood at $34.5 million in 2023, then decreased by 21.88% to $26.9 million in 2024, then soared by 47.14% to $39.7 million in 2025, then decreased by 0.71% to $39.4 million in 2026.
  • Business Quant data shows SMC's Cost of Revenue at $39.4 million in Q1 2026, $39.7 million in Q4 2025, and $38.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 DHT Holdings 2,943.60 Bn 2,943.47 Bn 167.16 Mn 19.13 Mn
2 Flex LNG 1,649.28 Bn 1,648.89 Bn 61.79 Mn 18.67 Mn
3 Enbridge 120.97 Bn 119.64 Bn 6.70 Bn 9.60 Bn
4 Kinder Morgan 112.45 Bn 112.33 Bn 3.07 Bn 1.41 Bn
5 Enterprise Products Partners 82.58 Bn 81.38 Bn - -
6 Tc Energy 71.17 Bn 65.47 Bn 1.36 Bn 39.44 Mn
7 Energy Transfer 68.75 Bn 67.78 Bn 6.62 Bn 21.15 Bn
8 Mplx 59.29 Bn 57.78 Bn 1.95 Bn 402.00 Mn
9 Targa Resources 57.65 Bn 57.55 Bn 1.70 Bn 2.39 Bn
10 Summit Midstream 367.40 Mn 324.01 Mn 99.77 Mn 39.37 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 39.37 Mn
Mar 31, 2026 39.37 Mn
Dec 31, 2025 39.65 Mn
Dec 31, 2025 39.65 Mn
Sep 30, 2025 38.14 Mn
Sep 30, 2025 38.14 Mn
Jun 30, 2025 35.91 Mn
Jun 30, 2025 35.91 Mn
Mar 31, 2025 35.43 Mn
Mar 31, 2025 35.43 Mn
Dec 31, 2024 26.95 Mn
Dec 31, 2024 26.95 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 34.50 Mn
Dec 31, 2023 34.50 Mn