Summit Midstream (SMC) Deferred Taxes (2024 - 2026)
Summit Midstream's (SMC) quarterly Deferred Taxes came in at -$996000.0 in Q1 2026, down 527.47% YoY from $233000.0 in Q1 2025, and down 46.04% on a QoQ basis from -$682000.0 in Q4 2025.
Summit Midstream (SMC) Deferred Taxes (2024 - 2026) Analysis & Trends
Summit Midstream (SMC) has 3 years of Deferred Taxes data on file, last reported at -$996000.0 in Q1 2026.
- Quarterly Deferred Taxes fell 527.47% year-over-year to -$996000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.9 million (down 101.31% YoY) and the FY2025 annual result came in at -$699000.0, down 100.48% from the prior year.
- Deferred Taxes retreated to -$996000.0 in Q1 2026, from -$682000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $142.3 million in Q3 2024 to a low of -$996000.0 in Q1 2026.
- A 3-year average of $20.7 million and a median of $233000.0 in 2025 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2025 — Deferred Taxes plunged 99.62% — and 2026, when it sank 527.47%.
- Tracing SMC's Deferred Taxes over 3 years: 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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 295.00 Mn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 133.02 Mn |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 5.00 Mn |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 74.00 Mn |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 160.49 Mn |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 289.00 Mn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | - |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 226.40 Mn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 312.00 Mn |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 1.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.07 Mn |
| 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 |