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Summit Midstream (SMC) Operating Expenses (2023 - 2025)

Summit Midstream (SMC) has disclosed Operating Expenses for 3 consecutive years, with $121.7 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 34.1% year-over-year to $121.7 million, compared with a TTM value of $478.6 million through Sep 2025, up 3.68%, and an annual FY2024 reading of $471.6 million, up 23.35% over the prior year.
  • Operating Expenses was $121.7 million for Q3 2025 at Summit Midstream, down from $126.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $173.6 million in Q1 2024 and bottomed at $11.1 million in Q3 2023.
  • Average Operating Expenses over 3 years is $105.7 million, with a median of $112.8 million recorded in 2024.
  • The sharpest move saw Operating Expenses skyrocketed 717.86% in 2024, then crashed 31.95% in 2025.
  • Year by year, Operating Expenses stood at $102.8 million in 2023, then grew by 9.68% to $112.8 million in 2024, then increased by 7.95% to $121.7 million in 2025.
  • Business Quant data shows Operating Expenses for SMC at $121.7 million in Q3 2025, $126.0 million in Q2 2025, and $118.1 million in Q1 2025.