Summit Midstream (SMC) Profit After Tax (2023 - 2026)
Summit Midstream's (SMC) quarterly Profit After Tax came in at $4.6 million in Q2 2026, up 156.86% on a YoY basis from $1.8 million in Q2 2025, and up 186.21% quarter-over-quarter from -$5.3 million in Q1 2026.
Analysis
Summit Midstream (SMC) Profit After Tax (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Profit After Tax for 4 consecutive years, with $4.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Profit After Tax rose 156.86% year-over-year to $4.6 million; the trailing twelve-month figure through Jun 2026 stood at $9.8 million (up 104.46% YoY), and the FY2025 full-year result was -$5.9 million, up 95.14% from the prior year.
- Profit After Tax climbed to $4.6 million in Q2 2026 per SMC's latest filing, from -$5.3 million in the prior quarter.
- Across five years, Profit After Tax topped out at $132.9 million in Q1 2024 and bottomed at -$204.9 million in Q3 2024.
- Historically, Profit After Tax has averaged -$10.3 million across 4 years, with a median of -$710500.0 in 2023.
- The sharpest annual moves came in 2024 and 2026: Profit After Tax tumbled 5390.17% in 2024, then surged 156.86% in 2026.
- Over 4 years, Profit After Tax stood at -$18.8 million in 2023, then soared by 35.23% to -$12.2 million in 2024, then jumped by 145.54% to $5.6 million in 2025, then decreased by 17.82% to $4.6 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered $4.6 million, -$5.3 million, and $5.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.86 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 2.53 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 832.09 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 777.70 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.09 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 967.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.13 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 512.00 Mn |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | 4.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.57 Mn |
| Mar 31, 2026 | -5.30 Mn |
| Dec 31, 2025 | 5.56 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | -8.03 Mn |
| Mar 31, 2025 | 4.63 Mn |
| Dec 31, 2024 | -12.20 Mn |
| Sep 30, 2024 | -204.94 Mn |
| Jun 30, 2024 | -30.96 Mn |
| Mar 31, 2024 | 132.93 Mn |
| Dec 31, 2023 | -18.83 Mn |
| Sep 30, 2023 | 3.87 Mn |