Summit Midstream (SMC) Profit After Tax (2023 - 2026)
Summit Midstream's (SMC) quarterly Profit After Tax came in at -$3.2 million in Q1 2026, down 168.32% YoY from $4.6 million in Q1 2025, and down 156.99% on a QoQ basis from $5.6 million in Q4 2025.
Summit Midstream (SMC) Profit After Tax (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Profit After Tax data on file, last reported at -$3.2 million in Q1 2026.
- Quarterly Profit After Tax fell 168.32% year-over-year to -$3.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.4 million (up 98.67% YoY) and the FY2025 annual result came in at -$5.9 million, up 95.14% from the prior year.
- Profit After Tax fell to -$3.2 million in Q1 2026, from $5.6 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $129.2 million in Q1 2024 to a low of -$204.9 million in Q3 2024.
- A 4-year average of -$13.4 million and a median of -$3.2 million in 2026 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2024 — Profit After Tax slumped 5390.17% — and 2025, when it surged 116.45%.
- Tracing SMC's Profit After Tax over 4 years: stood at -$18.8 million in 2023, then slumped by 79.29% to -$33.8 million in 2024, then surged by 116.45% to $5.6 million in 2025, then slumped by 156.99% to -$3.2 million in 2026.
- The last three Profit After Tax figures came in at -$3.2 million (Q1 2026), $5.6 million (Q4 2025), and -$1.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enbridge | 111.07 Bn | 109.57 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 72.38 Bn | 71.35 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Tc Energy | 65.96 Bn | 58.40 Bn | 1.24 Bn | 832.09 Mn |
| 6 | Oneok | 60.08 Bn | 59.92 Bn | 2.81 Bn | 967.00 Mn |
| 7 | Mplx | 60.06 Bn | 59.03 Bn | 2.73 Bn | 1.09 Bn |
| 8 | Targa Resources | 59.31 Bn | 59.18 Bn | 2.14 Bn | 777.70 Mn |
| 9 | Cheniere Energy | 56.08 Bn | 54.82 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Summit Midstream | 478.76 Mn | 457.79 Mn | 105.92 Mn | 4.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.57 Mn |
| Mar 31, 2026 | -3.17 Mn |
| Dec 31, 2025 | 5.56 Mn |
| Sep 30, 2025 | -1.58 Mn |
| Jun 30, 2025 | -4.23 Mn |
| Mar 31, 2025 | 4.63 Mn |
| Dec 31, 2024 | -33.77 Mn |
| Sep 30, 2024 | -204.94 Mn |
| Jun 30, 2024 | -23.78 Mn |
| Mar 31, 2024 | 129.16 Mn |
| Dec 31, 2023 | -18.83 Mn |
| Sep 30, 2023 | 3.87 Mn |