Summit Midstream (SMC) Gross Profit (2023 - 2026)
Summit Midstream (SMC) posted Gross Profit of $99.8 million for Q1 2026, down 2.8% on a QoQ basis from $102.6 million in Q4 2025, and up 2.58% year-over-year from $97.3 million in Q1 2025.
Summit Midstream (SMC) Gross Profit (2023 - 2026) Analysis & Trends
Summit Midstream's Gross Profit history runs 4 years deep, the most recent figure standing at $99.8 million for Q1 2026.
- Quarterly Gross Profit rose 2.58% year-over-year to $99.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $415.5 million (up 28.55% YoY) and the FY2025 annual result came in at $413.0 million, up 31.25% from the prior year.
- Gross Profit was $99.8 million for Q1 2026 at Summit Midstream, down from $102.6 million in the prior quarter.
- Across five years, Gross Profit topped out at $108.7 million in Q3 2025 and bottomed at $71.7 million in Q2 2024.
- A 4-year average of $92.2 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 dropped 21.17% — and 2025, when it surged 46.62%.
- Summit Midstream's Gross Profit stood at $92.8 million in 2023, then decreased by 13.74% to $80.1 million in 2024, then gained by 28.19% to $102.6 million in 2025, then decreased by 2.8% to $99.8 million in 2026.
- Business Quant data shows SMC's Gross Profit at $99.8 million in Q1 2026, $102.6 million in Q4 2025, and $108.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.77 Mn |
| Mar 31, 2026 | 99.77 Mn |
| Dec 31, 2025 | 102.64 Mn |
| Dec 31, 2025 | 102.64 Mn |
| Sep 30, 2025 | 108.75 Mn |
| Sep 30, 2025 | 108.75 Mn |
| Jun 30, 2025 | 104.30 Mn |
| Jun 30, 2025 | 104.30 Mn |
| Mar 31, 2025 | 97.26 Mn |
| Mar 31, 2025 | 97.26 Mn |
| Dec 31, 2024 | 80.07 Mn |
| Dec 31, 2024 | 80.07 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 | 92.82 Mn |
| Dec 31, 2023 | 92.82 Mn |