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

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

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

Summit Midstream (SMC) has reported Gross Profit for 4 consecutive years, with $100.9 million the latest figure, recorded in Q1 2026.

  • Gross Profit for Q1 2026 came in at $100.9 million, up 1.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $416.4 million (up 34.33% YoY), and the FY2025 annual result was $413.0 million, up 31.25% from the prior year.
  • Gross Profit was $100.9 million for Q1 2026 at Summit Midstream, down from $102.6 million in the prior quarter.
  • Over five years, Gross Profit peaked at $108.5 million in Q3 2025 and troughed at $64.9 million in Q4 2024.
  • A 4-year average of $90.8 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 decreased 27.95% — and 2025, when it surged 58.04%.
  • Year by year, Gross Profit stood at $90.1 million in 2023, then fell by 27.95% to $64.9 million in 2024, then soared by 58.04% to $102.6 million in 2025, then retreated by 1.67% to $100.9 million in 2026.
  • Per Business Quant, the three latest SMC Gross Profit figures stand at $100.9 million (Q1 2026), $102.6 million (Q4 2025), and $108.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Summit Midstream 351.13 Mn 626.92 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