Summit Midstream SMC
NYSE SMC
$34.21 -0.17 (-0.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Summit Midstream's (SMC) quarterly Operating Income came in at -$24.1 million in Q2 2026, up 3.64% on a YoY basis from -$23.3 million in Q2 2025, and down 4.78% quarter-over-quarter from -$23.0 million in Q1 2026.

Analysis

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

Summit Midstream (SMC) has reported Operating Income for 4 consecutive years, with -$24.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income rose 3.64% year-over-year to -$24.1 million; the trailing twelve-month figure through Jun 2026 stood at -$79.9 million (up 16.03% YoY), and the FY2025 full-year result was -$76.8 million, up 51.09% from the prior year.
  • Operating Income fell to -$24.1 million in Q2 2026 per SMC's latest filing, from -$23.0 million in the prior quarter.
  • Across five years, Operating Income topped out at -$1.3 million in Q3 2023 and bottomed at -$84.9 million in Q1 2024.
  • Historically, Operating Income has averaged -$24.5 million across 4 years, with a median of -$21.8 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Income slumped 1139.51% in 2024, then soared 75.43% in 2025.
  • Over 4 years, Operating Income stood at -$10.0 million in 2023, then slumped by 227.51% to -$32.7 million in 2024, then jumped by 40.12% to -$19.6 million in 2025, then slipped by 23.25% to -$24.1 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$24.1 million, -$23.0 million, and -$19.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.35 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 2.25 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 3.57 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 1.23 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.38 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 1.59 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 2.10 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 806.00 Mn
10 Summit Midstream 694.72 Mn 994.24 Mn 105.92 Mn -24.13 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -24.13 Mn
Mar 31, 2026 -23.02 Mn
Dec 31, 2025 -19.57 Mn
Sep 30, 2025 -13.20 Mn
Jun 30, 2025 -25.04 Mn
Mar 31, 2025 -20.86 Mn
Dec 31, 2024 -32.69 Mn
Sep 30, 2024 -16.60 Mn
Jun 30, 2024 -22.77 Mn
Mar 31, 2024 -84.88 Mn
Dec 31, 2023 -9.98 Mn
Sep 30, 2023 -1.34 Mn