Growth Metrics

Summit Midstream (SMC) Gross Margin (2023 - 2025)

Summit Midstream's Gross Margin history spans 3 years, with the latest figure at 72.13% for Q4 2025.

  • For Q4 2025, Gross Margin rose 1145.0% year-over-year to 72.13%; the TTM value through Dec 2025 reached 73.17%, up 115.0%, while the annual FY2025 figure was 73.47%, 23.0% up from the prior year.
  • Gross Margin reached 72.13% in Q4 2025 per SMC's latest filing, down from 73.89% 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.
  • Average Gross Margin over 3 years is 72.95%, with a median of 74.25% recorded in 2025.
  • Peak YoY movement for Gross Margin: crashed -1012bps in 2024, then soared 1145bps in 2025.
  • A 3-year view of Gross Margin shows it stood at 70.8% in 2023, then decreased by -14bps to 60.69% in 2024, then grew by 19bps to 72.13% in 2025.
  • Per Business Quant, the three most recent readings for SMC's Gross Margin are 72.13% (Q4 2025), 73.89% (Q3 2025), and 72.01% (Q2 2025).