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

Summit Midstream's Operating Expenses history spans 3 years, with the latest figure at $123.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 9.84% year-over-year to $123.9 million; the TTM value through Dec 2025 reached $489.7 million, up 3.85%, while the annual FY2025 figure was $489.7 million, 3.85% up from the prior year.
  • Operating Expenses reached $123.9 million in Q4 2025 per SMC's latest filing, up from $121.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $173.6 million in Q1 2024 to a low of $90.8 million in Q3 2024.
  • Average Operating Expenses over 3 years is $115.9 million, with a median of $115.4 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 34.1% in 2025 against a maximum downside of 31.95% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $102.8 million in 2023, then grew by 9.68% to $112.8 million in 2024, then rose by 9.84% to $123.9 million in 2025.
  • Per Business Quant, the three most recent readings for SMC's Operating Expenses are $123.9 million (Q4 2025), $121.7 million (Q3 2025), and $126.0 million (Q2 2025).