Summit Midstream (SMC) EBT (2023 - 2026)

Summit Midstream (SMC) posted EBT of -$4.2 million for Q1 2026, up 47.2% on a QoQ basis from -$7.9 million in Q4 2025, and down 184.54% year-over-year from $4.9 million in Q1 2025.

Summit Midstream (SMC) EBT (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported EBT for 4 consecutive years, with -$4.2 million the latest figure, recorded in Q1 2026.

  • EBT for Q1 2026 came in at -$4.2 million, down 184.54% year-over-year; the trailing twelve-month figure through Mar 2026 was -$11.5 million (up 87.85% YoY), and the FY2025 annual result was -$2.4 million, down 107.18% from the prior year.
  • EBT was -$4.2 million for Q1 2026 at Summit Midstream, up from -$7.9 million in the prior quarter.
  • Over five years, EBT peaked at $133.1 million in Q1 2024 and troughed at -$55.0 million in Q3 2024.
  • A 4-year average of $1.5 million and a median of -$5.0 million in 2025 frame the typical range for EBT.
  • Annual changes were most pronounced in 2024 — EBT tumbled 1493.01% — and 2025, when it jumped 110.07%.
  • Year by year, EBT stood at -$14.6 million in 2023, then plunged by 38.44% to -$20.2 million in 2024, then surged by 60.99% to -$7.9 million in 2025, then soared by 47.2% to -$4.2 million in 2026.
  • Per Business Quant, the three latest SMC EBT figures stand at -$4.2 million (Q1 2026), -$7.9 million (Q4 2025), and $5.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.72 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.29 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.52 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.11 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 611.30 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 923.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.02 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 183.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 736.00 Mn
10 Summit Midstream 351.13 Mn 626.92 Mn 100.93 Mn -4.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.17 Mn
Dec 31, 2025 -7.89 Mn
Sep 30, 2025 5.54 Mn
Jun 30, 2025 -4.98 Mn
Mar 31, 2025 4.93 Mn
Dec 31, 2024 -20.23 Mn
Sep 30, 2024 -54.97 Mn
Jun 30, 2024 -24.43 Mn
Mar 31, 2024 133.14 Mn
Dec 31, 2023 -14.62 Mn
Sep 30, 2023 3.95 Mn