Summit Midstream (SMC) Income towards Parent Company (2023 - 2026)

Summit Midstream (SMC) posted Income towards Parent Company of -$3.2 million for Q1 2026, up 56.7% on a QoQ basis from -$7.3 million in Q4 2025, and down 168.32% year-over-year from $4.6 million in Q1 2025.

Summit Midstream (SMC) Income towards Parent Company (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported Income towards Parent Company for 4 consecutive years, with -$3.2 million the latest figure, recorded in Q1 2026.

  • Income towards Parent Company for Q1 2026 came in at -$3.2 million, down 168.32% year-over-year; the trailing twelve-month figure through Mar 2026 was -$9.7 million (up 95.98% YoY), and the FY2025 annual result was -$1.9 million, up 98.32% from the prior year.
  • Income towards Parent Company was -$3.2 million for Q1 2026 at Summit Midstream, up from -$7.3 million in the prior quarter.
  • Over five years, Income towards Parent Company peaked at $132.9 million in Q1 2024 and troughed at -$197.5 million in Q3 2024.
  • A 4-year average of -$11.8 million and a median of -$4.2 million in 2025 frame the typical range for Income towards Parent Company.
  • Annual changes were most pronounced in 2024 — Income towards Parent Company sank 5199.15% — and 2025, when it surged 102.53%.
  • Year by year, Income towards Parent Company stood at -$15.1 million in 2023, then slumped by 63.93% to -$24.8 million in 2024, then jumped by 70.5% to -$7.3 million in 2025, then soared by 56.7% to -$3.2 million in 2026.
  • Per Business Quant, the three latest SMC Income towards Parent Company figures stand at -$3.2 million (Q1 2026), -$7.3 million (Q4 2025), and $5.0 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 -3.17 Mn
Dec 31, 2025 -7.31 Mn
Sep 30, 2025 5.00 Mn
Jun 30, 2025 -4.23 Mn
Mar 31, 2025 4.63 Mn
Dec 31, 2024 -24.78 Mn
Sep 30, 2024 -197.54 Mn
Jun 30, 2024 -23.78 Mn
Mar 31, 2024 132.93 Mn
Dec 31, 2023 -15.12 Mn
Sep 30, 2023 3.87 Mn