Summit Midstream (SMC) Gross Profit (2023 - 2026)
Summit Midstream's Gross Profit was $105.92 million in Q2 2026, up 1.6% from $104.3 million a year earlier and up 6.2% from the prior quarter.
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Analysis
Summit Midstream (SMC) Gross Profit (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Summit Midstream's Gross Profit was $417.08 million through Jun 30, 2026, up 17.2% year-over-year; for FY2025, it was $412.95 million, up 31.3% from FY2024.
- In earlier years, Gross Profit was $314.62 million in FY2024 (-9.2%) and $346.44 million in FY2023.
- Quarterly Gross Profit has moved between $71.7 million (Q2 2024) and $108.75 million (Q3 2025) over five years.
- Compared with a year earlier, Gross Profit has increased for six straight quarters, with growth averaging 12.4% over the last eight quarters.
- The best year-over-year quarter for Gross Profit over five years was Q3 2025 (growth of 46.6%); the worst was Q3 2024 (a decline of 21.2%).
- Per Business Quant data, SMC's Gross Profit in the three quarters before Q2 2026 was $99.77 million (Q1 2026), $102.64 million (Q4 2025) and $108.75 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Summit Midstream | 613.89 Mn | 836.12 Mn | 105.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.92 Mn |
| Mar 31, 2026 | 99.77 Mn |
| Dec 31, 2025 | 102.64 Mn |
| Sep 30, 2025 | 108.75 Mn |
| Jun 30, 2025 | 104.30 Mn |
| Mar 31, 2025 | 97.26 Mn |
| Dec 31, 2024 | 80.07 Mn |
| Sep 30, 2024 | 74.17 Mn |
| Jun 30, 2024 | 71.70 Mn |
| Mar 31, 2024 | 88.69 Mn |
| Dec 31, 2023 | 92.82 Mn |
| Sep 30, 2023 | 94.08 Mn |
API Access
Summit Midstream Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=SMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();