Summit Midstream (SMC) Net Income (2023 - 2026)
Summit Midstream (SMC) posted Net Income of -$3.2 million for Q1 2026, up 56.7% quarter-over-quarter from -$7.3 million in Q4 2025, and down 168.32% year-on-year from $4.6 million in Q1 2025.
Summit Midstream (SMC) Net Income (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Net Income for 4 consecutive years, with -$3.2 million the latest figure, recorded in Q1 2026.
- Net Income 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.
- Net Income was -$3.2 million for Q1 2026 at Summit Midstream, up from -$7.3 million in the prior quarter.
- Over five years, Net Income peaked at $132.9 million in Q1 2024 and troughed at -$197.5 million in Q3 2024.
- Average Net Income over 4 years is -$11.8 million, with a median of -$4.2 million recorded in 2025.
- Year-over-year, Net Income plunged 5199.15% in 2024 and soared 102.53% in 2025.
- Over 4 years, Net Income stood at -$15.1 million in 2023, then sank by 63.93% to -$24.8 million in 2024, then surged by 70.5% to -$7.3 million in 2025, then jumped by 56.7% to -$3.2 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$3.2 million in Q1 2026, -$7.3 million in Q4 2025, and $5.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Imperial Petroleum | 209.86 Bn | 209.78 Bn | 50.64 Mn | 28.32 Mn |
| 2 | Kinder Morgan | 112.10 Bn | 113.18 Bn | 3.08 Bn | 1.00 Bn |
| 3 | Enterprise Products Partners | 79.05 Bn | 77.90 Bn | - | 1.50 Bn |
| 4 | Energy Transfer | 65.51 Bn | 64.79 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Mplx | 56.73 Bn | 55.22 Bn | 2.54 Bn | 922.00 Mn |
| 6 | Targa Resources | 55.40 Bn | 55.43 Bn | 1.70 Bn | 487.40 Mn |
| 7 | Oneok | 54.08 Bn | 53.95 Bn | 2.57 Bn | 776.00 Mn |
| 8 | Cheniere Energy | 51.35 Bn | 53.55 Bn | 5.86 Bn | -3.41 Bn |
| 9 | Cheniere Energy Partners | 29.53 Bn | 29.25 Bn | 838.00 Mn | 183.00 Mn |
| 10 | Summit Midstream | 363.95 Mn | 639.74 Mn | 100.93 Mn | -3.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |