Summit Midstream (SMC) Profit After Tax (2023 - 2026)
Summit Midstream (SMC) posted Profit After Tax of -$5.3 million for Q1 2026, down 155.23% on a QoQ basis from $9.6 million in Q4 2025, and down 180.6% year-over-year from $6.6 million in Q1 2025.
Summit Midstream (SMC) Profit After Tax (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Profit After Tax for 4 consecutive years, with -$5.3 million the latest figure, recorded in Q1 2026.
- Profit After Tax for Q1 2026 came in at -$5.3 million, down 180.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.1 million (up 101.98% YoY), and the FY2025 annual result was -$1.9 million, up 98.32% from the prior year.
- Profit After Tax was -$5.3 million for Q1 2026 at Summit Midstream, down from $9.6 million in the prior quarter.
- Over five years, Profit After Tax peaked at $132.9 million in Q1 2024 and troughed at -$204.9 million in Q3 2024.
- A 4-year average of -$13.2 million and a median of -$4.2 million in 2025 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2024 — Profit After Tax plunged 81749.8% — and 2025, when it surged 138.68%.
- Year by year, Profit After Tax stood at -$27.7 million in 2023, then grew by 10.53% to -$24.8 million in 2024, then soared by 138.68% to $9.6 million in 2025, then slumped by 155.23% to -$5.3 million in 2026.
- Per Business Quant, the three latest SMC Profit After Tax figures stand at -$5.3 million (Q1 2026), $9.6 million (Q4 2025), and $5.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 976.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.25 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 487.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 912.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 774.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 186.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 625.00 Mn |
| 10 | Summit Midstream | 351.13 Mn | 626.92 Mn | 100.93 Mn | -5.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.30 Mn |
| Dec 31, 2025 | 9.59 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | -4.23 Mn |
| Mar 31, 2025 | -1.89 Mn |
| Dec 31, 2024 | -24.78 Mn |
| Sep 30, 2024 | -204.94 Mn |
| Jun 30, 2024 | -23.78 Mn |
| Mar 31, 2024 | 132.93 Mn |
| Dec 31, 2023 | -27.70 Mn |
| Sep 30, 2023 | 251,000.00 |