Summit Midstream (SMC) Gross Profit (2023 - 2026)
Summit Midstream's (SMC) quarterly Gross Profit came in at $105.9 million in Q2 2026, up 4.9% on a YoY basis from $101.0 million in Q2 2025, and up 6.17% quarter-over-quarter from $99.8 million in Q1 2026.
Analysis
Summit Midstream (SMC) Gross Profit (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Gross Profit for 4 consecutive years, with $105.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Profit rose 4.9% year-over-year to $105.9 million; the trailing twelve-month figure through Jun 2026 stood at $418.5 million (up 18.73% YoY), and the FY2025 full-year result was $413.0 million, up 31.25% from the prior year.
- Gross Profit grew to $105.9 million in Q2 2026 per SMC's latest filing, from $99.8 million in the prior quarter.
- Across five years, Gross Profit topped out at $108.5 million in Q3 2025 and bottomed at $71.7 million in Q2 2024.
- Historically, Gross Profit has averaged $93.2 million across 4 years, with a median of $95.7 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Gross Profit decreased 21.17% in 2024, then jumped 46.32% in 2025.
- Over 4 years, Gross Profit stood at $92.8 million in 2023, then decreased by 13.74% to $80.1 million in 2024, then surged by 30.24% to $104.3 million in 2025, then gained by 1.57% to $105.9 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $105.9 million, $99.8 million, and $104.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Summit Midstream | 694.72 Mn | 994.24 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 | 104.28 Mn |
| Sep 30, 2025 | 108.53 Mn |
| Jun 30, 2025 | 100.98 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 |