Summit Midstream (SMC) Gross Profit (2023 - 2026)
Summit Midstream (SMC) reported Gross Profit of $100.9 million for Q1 2026, up 1.77% on a YoY basis from $99.2 million in Q1 2025, and down 1.67% quarter-over-quarter from $102.6 million in Q4 2025.
Summit Midstream (SMC) Gross Profit (2023 - 2026) Analysis & Trends
Summit Midstream has reported Gross Profit for 4 years, with the latest figure at $100.9 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 1.77% year-over-year to $100.9 million; the trailing twelve-month figure through Mar 2026 stood at $416.4 million (up 34.33% YoY), and the FY2025 full-year result was $413.0 million, up 31.25% from the prior year.
- Gross Profit for Q1 2026 stood at $100.9 million, down from $102.6 million in the prior quarter.
- The five-year high for Gross Profit was $108.5 million in Q3 2025, with the low at $64.9 million in Q4 2024.
- Historically, Gross Profit has averaged $90.8 million across 4 years, with a median of $94.1 million in 2023.
- Annual changes were most pronounced in 2024 — Gross Profit retreated 27.95% — and 2025, when it jumped 58.04%.
- Summit Midstream's Gross Profit stood at $90.1 million in 2023, then dropped by 27.95% to $64.9 million in 2024, then jumped by 58.04% to $102.6 million in 2025, then declined by 1.67% to $100.9 million in 2026.
- The last three Gross Profit figures came in at $100.9 million (Q1 2026), $102.6 million (Q4 2025), and $108.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |