Summit Midstream (SMC) Gross Profit (2023 - 2026)
Summit Midstream (SMC) posted Gross Profit of $100.9 million for Q1 2026, down 1.67% on a QoQ basis from $102.6 million in Q4 2025, and up 1.77% year-over-year from $99.2 million in Q1 2025.
Summit Midstream (SMC) Gross Profit (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Gross Profit for 4 consecutive years, with $100.9 million the latest figure, recorded in Q1 2026.
- Gross Profit for Q1 2026 came in at $100.9 million, up 1.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $416.4 million (up 34.33% YoY), and the FY2025 annual result was $413.0 million, up 31.25% from the prior year.
- Gross Profit was $100.9 million for Q1 2026 at Summit Midstream, down from $102.6 million in the prior quarter.
- Over five years, Gross Profit peaked at $108.5 million in Q3 2025 and troughed at $64.9 million in Q4 2024.
- A 4-year average of $90.8 million and a median of $94.1 million in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2024 — Gross Profit decreased 27.95% — and 2025, when it surged 58.04%.
- Year by year, Gross Profit stood at $90.1 million in 2023, then fell by 27.95% to $64.9 million in 2024, then soared by 58.04% to $102.6 million in 2025, then retreated by 1.67% to $100.9 million in 2026.
- Per Business Quant, the three latest SMC Gross Profit figures stand at $100.9 million (Q1 2026), $102.6 million (Q4 2025), and $108.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Summit Midstream | 351.13 Mn | 626.92 Mn | 100.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 100.93 Mn |
| Mar 31, 2026 | 100.93 Mn |
| Dec 31, 2025 | 102.64 Mn |
| Dec 31, 2025 | 102.64 Mn |
| Sep 30, 2025 | 108.53 Mn |
| Sep 30, 2025 | 108.53 Mn |
| Jun 30, 2025 | 104.30 Mn |
| Jun 30, 2025 | 104.30 Mn |
| Mar 31, 2025 | 99.17 Mn |
| Mar 31, 2025 | 99.17 Mn |
| Dec 31, 2024 | 64.95 Mn |
| Dec 31, 2024 | 64.95 Mn |
| Sep 30, 2024 | 74.17 Mn |
| Sep 30, 2024 | 74.17 Mn |
| Jun 30, 2024 | 71.70 Mn |
| Jun 30, 2024 | 71.70 Mn |
| Mar 31, 2024 | 88.69 Mn |
| Mar 31, 2024 | 88.69 Mn |
| Dec 31, 2023 | 90.15 Mn |
| Dec 31, 2023 | 90.15 Mn |