Summit Midstream (SMC) Deferred Taxes (2024 - 2026)
Summit Midstream (SMC) reported Deferred Taxes of -$996000.0 for Q1 2026, down 527.47% on a YoY basis from $233000.0 in Q1 2025, and down 46.04% quarter-over-quarter from -$682000.0 in Q4 2025.
Summit Midstream (SMC) Deferred Taxes (2024 - 2026) Analysis & Trends
Summit Midstream has reported Deferred Taxes for 3 years, with the latest figure at -$996000.0 in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 527.47% year-over-year to -$996000.0; the trailing twelve-month figure through Mar 2026 stood at -$1.9 million (down 101.31% YoY), and the FY2025 full-year result was -$699000.0, down 100.48% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$996000.0, down from -$682000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $142.3 million in Q3 2024, with the low at -$996000.0 in Q1 2026.
- Historically, Deferred Taxes has averaged $20.7 million across 3 years, with a median of $233000.0 in 2025.
- Annual changes were most pronounced in 2025 — Deferred Taxes plunged 99.62% — and 2026, when it sank 527.47%.
- Summit Midstream's Deferred Taxes stood at $4.6 million in 2024, then sank by 114.94% to -$682000.0 in 2025, then tumbled by 46.04% to -$996000.0 in 2026.
- The last three Deferred Taxes figures came in at -$996000.0 (Q1 2026), -$682000.0 (Q4 2025), and $536000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 197.61 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 14.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 281.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 93.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 123.90 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 256.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 86.05 Mn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | -996,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -996,000.00 |
| Dec 31, 2025 | -682,000.00 |
| Sep 30, 2025 | 536,000.00 |
| Jun 30, 2025 | -786,000.00 |
| Mar 31, 2025 | 233,000.00 |
| Dec 31, 2024 | 4.56 Mn |
| Sep 30, 2024 | 142.27 Mn |