Summit Midstream (SMC) Interest Expenses (2023 - 2026)
Summit Midstream (SMC) posted Interest Expenses of $41.3 million for Q1 2026, up 223.76% on a QoQ basis from $12.8 million in Q4 2025, and up 20.85% year-over-year from $34.2 million in Q1 2025.
Summit Midstream (SMC) Interest Expenses (2023 - 2026) Analysis & Trends
Summit Midstream's Interest Expenses history runs 4 years deep, the most recent figure standing at $41.3 million for Q1 2026.
- Quarterly Interest Expenses rose 20.85% year-over-year to $41.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $102.1 million (up 4.09% YoY) and the FY2025 annual result came in at $94.7 million, down 17.94% from the prior year.
- Interest Expenses was $41.3 million for Q1 2026 at Summit Midstream, up from $12.8 million in the prior quarter.
- Across five years, Interest Expenses topped out at $68.0 million in Q4 2023 and bottomed at $6.8 million in Q4 2024.
- A 4-year average of $31.0 million and a median of $31.5 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses sank 90.06% — and 2025, when it surged 88.72%.
- Summit Midstream's Interest Expenses stood at $68.0 million in 2023, then sank by 90.06% to $6.8 million in 2024, then jumped by 88.72% to $12.8 million in 2025, then surged by 223.76% to $41.3 million in 2026.
- Business Quant data shows SMC's Interest Expenses at $41.3 million in Q1 2026, $12.8 million in Q4 2025, and $24.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | 41.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.33 Mn |
| Mar 31, 2026 | 41.33 Mn |
| Dec 31, 2025 | 12.77 Mn |
| Dec 31, 2025 | 12.77 Mn |
| Sep 30, 2025 | 24.19 Mn |
| Sep 30, 2025 | 24.19 Mn |
| Jun 30, 2025 | 23.86 Mn |
| Jun 30, 2025 | 23.86 Mn |
| Mar 31, 2025 | 34.20 Mn |
| Mar 31, 2025 | 34.20 Mn |
| Dec 31, 2024 | 6.76 Mn |
| Dec 31, 2024 | 6.76 Mn |
| Sep 30, 2024 | 25.71 Mn |
| Sep 30, 2024 | 25.71 Mn |
| Jun 30, 2024 | 31.46 Mn |
| Jun 30, 2024 | 31.46 Mn |
| Mar 31, 2024 | 37.85 Mn |
| Mar 31, 2024 | 37.85 Mn |
| Dec 31, 2023 | 68.04 Mn |
| Dec 31, 2023 | 68.04 Mn |