Summit Midstream SMC Revenue Breakdown

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As of: Oct 22, 2026 · 10:17 AM EDT
Annual revenue breakdowns for Summit Midstream, fiscal 2023 to 2025, as reported in its filings.
Annual history

Summit Midstream Revenue by Segment

Years FY 2023–2025
Lines 4
FY 2025 Total $441.04M

Rockies was Summit Midstream’s largest segment in fiscal 2025, bringing in $244.48M of $441.04M (55%).

Summit Midstream revenue by segment, fiscal 2023 to 2025
Segment FY 2023 FY 2024 FY 2025
Rockies $173.69M $190.54M $244.48M
Piceance $81.04M $73.12M $61.38M
Mid-Con $37.51M $45.66M $131.54M
Permian $3.57M $3.64M $3.64M
Total $359.58M $332.53M $441.04M
Totals include 2 discontinued lines from earlier reporting.

Summit Midstream revenue by segment: what the figures show

Summit Midstream brought in $441.04M from its four segments in fiscal 2025, the year ended December 31, 2025. Summit Midstream regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $332.53M. Rockies was the largest at $244.48M (55.4%), ahead of Mid-Con at $131.54M (29.8%) and Piceance at $61.38M (13.9%). The remaining segment, Permian, brought in $3.64M.

Compared with fiscal 2024, Mid-Con grew fastest, up 188.1% to $131.54M, while Piceance fell the most, down 16.1% to $61.38M.

Summit Midstream stopped reporting Northeast ($18.85M in fiscal 2024) and Corporate & Other ($726.00K in fiscal 2024) as separate segments.

Annual history

Summit Midstream Revenue by Product & Service

Years FY 2025
Lines 3
FY 2025 Total $398.13M

Natural Gas, Ngls & Condensate Sales was Summit Midstream’s largest product and service line in fiscal 2025, bringing in $244.48M of $398.13M (61%).

Summit Midstream revenue by product and service, fiscal 2025 to 2025
Product and Service FY 2025
Natural Gas, Ngls & Condensate Sales $244.48M
Gathering Services & Related Fees $131.54M
Other Revenues $22.11M
Total $398.13M

Summit Midstream revenue by product and service: what the figures show

Summit Midstream brought in $398.13M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $441.04M it reports by segment, so these lines do not cover all of its revenue. Natural Gas, Ngls & Condensate Sales was the largest at $244.48M (61.4%), ahead of Gathering Services & Related Fees at $131.54M (33.0%) and Other Revenues at $22.11M (5.6%).

Questions

Summit Midstream Revenue Breakdown FAQ

How does Summit Midstream make money?

Summit Midstream (SMC) reports its revenue by segment and by product and service. In fiscal 2025, Rockies was its largest segment, bringing in $244.48M (55.4% of the total), followed by Mid-Con at $131.54M (29.8%).

What is Summit Midstream's largest segment?

Rockies was Summit Midstream's largest segment in fiscal 2025, bringing in $244.48M, or 55.4% of the $441.04M total across its four segments.

What is Summit Midstream's largest product and service line?

Natural Gas, Ngls & Condensate Sales was Summit Midstream's largest product and service line in fiscal 2025, bringing in $244.48M, or 61.4% of the $398.13M total across its three product and service lines.

Where does this revenue breakdown data come from?

Every figure comes from Summit Midstream's annual financial filings, as reported. Each line keeps the name Summit Midstream gives it, and years follow its fiscal calendar.

How far back does Summit Midstream's revenue breakdown go?

Summit Midstream's revenue by segment goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.