Summit Midstream (SMC) Gross Profit (2023 - 2026)

Summit Midstream (SMC) reported Gross Profit of $100.9 million for Q1 2026, up 1.77% on a YoY basis from $99.2 million in Q1 2025, and down 1.67% quarter-over-quarter from $102.6 million in Q4 2025.

Summit Midstream (SMC) Gross Profit (2023 - 2026) Analysis & Trends

Summit Midstream has reported Gross Profit for 4 years, with the latest figure at $100.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 1.77% year-over-year to $100.9 million; the trailing twelve-month figure through Mar 2026 stood at $416.4 million (up 34.33% YoY), and the FY2025 full-year result was $413.0 million, up 31.25% from the prior year.
  • Gross Profit for Q1 2026 stood at $100.9 million, down from $102.6 million in the prior quarter.
  • The five-year high for Gross Profit was $108.5 million in Q3 2025, with the low at $64.9 million in Q4 2024.
  • Historically, Gross Profit has averaged $90.8 million across 4 years, with a median of $94.1 million in 2023.
  • Annual changes were most pronounced in 2024 — Gross Profit retreated 27.95% — and 2025, when it jumped 58.04%.
  • Summit Midstream's Gross Profit stood at $90.1 million in 2023, then dropped by 27.95% to $64.9 million in 2024, then jumped by 58.04% to $102.6 million in 2025, then declined by 1.67% to $100.9 million in 2026.
  • The last three Gross Profit figures came in at $100.9 million (Q1 2026), $102.6 million (Q4 2025), and $108.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Summit Midstream 365.55 Mn 641.34 Mn 100.93 Mn

Historic Data

Download Data
DateValue
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