Summit Midstream (SMC) Gross Profit (2023 - 2026)
Summit Midstream's Gross Profit was $123.27 million in Q3 2026, up 13.4% from $108.75 million a year earlier and up 16.4% 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 $431.6 million through Sep 30, 2026, up 10.6% 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.
- The Q3 2026 figure marks the highest quarterly Gross Profit in data going back to Q3 2023.
- Compared with a year earlier, Gross Profit has increased for seven straight quarters, with growth averaging 16.7% 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 Q3 2026 was $105.92 million (Q2 2026), $99.77 million (Q1 2026) and $102.64 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Summit Midstream | 622.23 Mn | 862.39 Mn | 123.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 123.27 Mn |
| 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();