Summit Midstream (SMC) Profit After Tax (2023 - 2026)

Summit Midstream (SMC) reported Profit After Tax of -$5.3 million for Q1 2026, down 180.6% on a YoY basis from $6.6 million in Q1 2025, and down 155.23% quarter-over-quarter from $9.6 million in Q4 2025.

Summit Midstream (SMC) Profit After Tax (2023 - 2026) Analysis & Trends

Summit Midstream has reported Profit After Tax for 4 years, with the latest figure at -$5.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Profit After Tax fell 180.6% year-over-year to -$5.3 million; the trailing twelve-month figure through Mar 2026 stood at $5.1 million (up 101.98% YoY), and the FY2025 full-year result was -$1.9 million, up 98.32% from the prior year.
  • Profit After Tax for Q1 2026 stood at -$5.3 million, down from $9.6 million in the prior quarter.
  • The five-year high for Profit After Tax was $132.9 million in Q1 2024, with the low at -$204.9 million in Q3 2024.
  • Historically, Profit After Tax has averaged -$13.2 million across 4 years, with a median of -$4.2 million in 2025.
  • Annual changes were most pronounced in 2024 — Profit After Tax sank 81749.8% — and 2025, when it jumped 138.68%.
  • Summit Midstream's Profit After Tax stood at -$27.7 million in 2023, then advanced by 10.53% to -$24.8 million in 2024, then jumped by 138.68% to $9.6 million in 2025, then slumped by 155.23% to -$5.3 million in 2026.
  • The last three Profit After Tax figures came in at -$5.3 million (Q1 2026), $9.6 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.30 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 976.00 Mn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.25 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 216.26 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 912.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 487.40 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 774.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 847.60 Mn
10 Summit Midstream 365.55 Mn 641.34 Mn 100.93 Mn -5.30 Mn

Historic Data

Download Data
DateValue
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