Summit Midstream Income Statement (2023-2025) | SMC

Income Statement Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 121.19M127.32M118.87M101.31M102.42M107.02M132.70M140.22M146.88M
Cost of Revenue 27.11M34.49M30.18M29.62M28.25M26.95M35.43M39.24M38.36M
Gross Profit 94.08M92.82M88.69M71.70M74.17M80.07M97.26M100.98M108.53M
Operating items
Depreciation & Amortization - Total 23.93M25.18M23.57M20.36M19.98M21.71M24.97M25.89M25.00M
Selling, General & Administrative 11.10M10.24M14.79M14.16M12.42M14.19M16.60M15.52M13.16M
Restructuring Costs 0.17M0.26M7.79M3.27M2.09M17.80M2.79M4.16M1.66M
Other Operating Expenses -0.32M0.12M86.20M-2.19M-1.67M-0.15M9.06M0.38M-0.57M
Operating Expenses 95.42M102.80M173.57M94.47M90.77M112.76M118.12M126.01M121.72M
Operating Income -1.34M-9.98M-84.88M-22.77M-16.60M-32.69M-20.86M-25.04M-13.20M
EBIT -1.34M-9.98M-84.88M-22.77M-16.60M-32.69M-20.86M-25.04M-13.20M
Non-operating items
Other Non Operating Income 2.86M-15.79M2.59M-4.96M-42.23M-2.88M-0.97M-0.50M0.13M
Net income details
EBT 3.95M-14.62M133.14M-24.43M-54.97M-20.23M4.93M-4.98M5.54M
Tax Provisions 0.07M0.50M0.21M-0.65M142.57M4.55M0.30M-0.75M0.54M
Profit After Tax 3.87M-18.83M132.93M-30.96M-204.94M-12.20M4.63M-8.03M5.00M
Equity Income 10.21M11.53M126.26M4.28M4.91M0.04M4.84M4.80M5.55M
Income from Non-Controlling Interests 3.00M3.12M3.22M3.31M3.39M3.41M3.92M3.10M3.37M
Income from Continuing Operations 3.87M-15.12M132.93M-23.78M-197.54M-24.78M4.63M-4.23M5.00M
Consolidated Net Income 3.87M-15.12M132.93M-23.78M-197.54M-24.78M4.63M-4.23M5.00M
Income towards Parent Company 3.87M-15.12M132.93M-23.78M-197.54M-24.78M4.63M-4.23M5.00M
Preferred Dividend Payments -2.75M-21.96M125.94M-30.96M-204.94M-25.54M-1.89M-8.03M-1.58M
Net Income towards Common Stockholders 6.63M6.84M6.99M7.18M7.40M0.75M6.52M3.80M6.58M
Additional items
EPS (Basic) -0.27-2.1212.05-2.91-19.25-2.39-0.16-0.66-0.13
EPS (Weighted Average and Diluted) -0.27-2.1211.47-2.91-19.25-2.39-0.16-0.66-0.13
Shares Outstanding (Weighted Average) 10.38M10.38M10.42M10.65M10.65M10.65M12.12M12.24M12.24M
Shares Outstanding (Diluted Average) 10.38M10.33M10.98M11.08M10.65M10.60M11.77M12.24M12.26M
EBITDA 22.59M15.20M-61.31M-2.41M3.38M-10.98M4.11M0.86M11.81M
Interest Expenses 34.57M36.82M37.85M31.46M25.71M20.43M22.54M23.86M24.19M
Tax Rate 1.82%0.16%2.68%6.00%15.10%9.70%