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
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