Summit Midstream (SMC) Gross Profit (2023 - 2026)
Summit Midstream's (SMC) quarterly Gross Profit came in at $99.8 million in Q1 2026, up 2.58% YoY from $97.3 million in Q1 2025, and down 2.8% on a QoQ basis from $102.6 million in Q4 2025.
Summit Midstream (SMC) Gross Profit (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Gross Profit data on file, last reported at $99.8 million in 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 slipped to $99.8 million in Q1 2026, from $102.6 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $108.7 million in Q3 2025 to a low of $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 retreated 21.17% — and 2025, when it surged 46.62%.
- Tracing SMC's Gross Profit over 4 years: stood at $92.8 million in 2023, then fell by 13.74% to $80.1 million in 2024, then increased by 28.19% to $102.6 million in 2025, then fell by 2.8% to $99.8 million in 2026.
- The last three Gross Profit figures came in at $99.8 million (Q1 2026), $102.6 million (Q4 2025), and $108.7 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 105.92 Mn |
| Jun 30, 2026 | 105.92 Mn |
| 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 |