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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn |
| 10 | Summit Midstream | 626.28 Mn | 848.51 Mn | 105.92 Mn |
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 |
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_KEY
import 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();