Summit Midstream (SMC) Operating Income (2023 - 2026)

Summit Midstream (SMC) reported Operating Income of -$21.9 million for Q1 2026, down 15.4% on a YoY basis from -$25.8 million in Q1 2025, and down 3.07% quarter-over-quarter from -$21.2 million in Q4 2025.

Summit Midstream (SMC) Operating Income (2023 - 2026) Analysis & Trends

Summit Midstream has reported Operating Income for 4 years, with the latest figure at -$21.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 15.4% year-over-year to -$21.9 million; the trailing twelve-month figure through Mar 2026 stood at -$78.0 million (up 26.51% YoY), and the FY2025 full-year result was -$76.8 million, up 51.09% from the prior year.
  • Operating Income for Q1 2026 stood at -$21.9 million, down from -$21.2 million in the prior quarter.
  • The five-year high for Operating Income was -$1.3 million in Q3 2023, with the low at -$84.9 million in Q1 2024.
  • Historically, Operating Income has averaged -$25.7 million across 4 years, with a median of -$21.2 million in 2025.
  • Annual changes were most pronounced in 2024 — Operating Income sank 1139.51% — and 2025, when it jumped 77.67%.
  • Summit Midstream's Operating Income stood at -$12.7 million in 2023, then plunged by 277.74% to -$47.8 million in 2024, then surged by 55.62% to -$21.2 million in 2025, then declined by 3.07% to -$21.9 million in 2026.
  • The last three Operating Income figures came in at -$21.9 million (Q1 2026), -$21.2 million (Q4 2025), and -$13.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.35 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.90 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.44 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.98 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 219.52 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.21 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 846.90 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.03 Bn
10 Summit Midstream 365.55 Mn 641.34 Mn 100.93 Mn -21.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.87 Mn
Dec 31, 2025 -21.22 Mn
Sep 30, 2025 -13.20 Mn
Jun 30, 2025 -21.71 Mn
Mar 31, 2025 -18.95 Mn
Dec 31, 2024 -47.81 Mn
Sep 30, 2024 -16.60 Mn
Jun 30, 2024 -22.77 Mn
Mar 31, 2024 -84.88 Mn
Dec 31, 2023 -12.66 Mn
Sep 30, 2023 -1.34 Mn