Summit Midstream (SMC) Gross Margin (2023 - 2026)
Summit Midstream filings provide 4 years of Gross Margin readings, the most recent being 72.53% for Q1 2026.
- On a quarterly basis, Gross Margin fell 220.0% to 72.53% in Q1 2026 year-over-year; TTM through Mar 2026 was 73.24%, a 334.0% increase, with the full-year FY2025 number at 73.47%, up 23.0% from a year prior.
- Gross Margin hit 72.53% in Q1 2026 for Summit Midstream, up from 72.13% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 77.63% in Q3 2023 to a low of 60.69% in Q4 2024.
- Median Gross Margin over the past 4 years was 72.53% (2026), compared with a mean of 72.24%.
- Biggest five-year swings in Gross Margin: plummeted -1012bps in 2024 and later skyrocketed 1145bps in 2025.
- Summit Midstream's Gross Margin stood at 70.8% in 2023, then decreased by -14bps to 60.69% in 2024, then grew by 19bps to 72.13% in 2025, then grew by 1bps to 72.53% in 2026.
- The last three reported values for Gross Margin were 72.53% (Q1 2026), 72.13% (Q4 2025), and 73.89% (Q3 2025) per Business Quant data.