Summit Midstream Corporation (SMC)

NYSE: SMC · Real-Time Price · USD

29.51

-0.39 (-1.30%)

At close: Feb 27, 2026, 4:00 PM EST

29.54

+0.03 (0.10%)

After-hours: Feb 27, 2026, 7:00 PM EST

Summit Midstream Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	489.82	395.87	427.48	334.58	364.47	352.11
Other Revenue	24.57	34.69	32.36	35.95	37.08	32.3
Revenue	514.4	430.56	459.84	370.53	401.56	384.41
Revenue Growth (YoY)	17.26%	-6.37%	24.10%	-7.73%	4.46%	-13.57%
Cost of Revenue	275.61	215.96	213.2	160.98	156.15	122.68
Gross Profit	238.79	214.59	246.64	209.55	245.41	261.73
Selling, General & Admin	59.47	55.56	42.14	44.94	59.17	64.34
Other Operating Expenses	-12.42	0.94	0.94	0.94	-0.06	0.94
Operating Expenses	159.8	157.15	165.84	164.94	178.18	183.41
Operating Income	78.99	57.45	80.8	44.62	67.23	78.32
Interest Expense	-92.21	-115.45	-140.78	-86.05	-66.16	-78.89
Interest & Investment Income	3.19	4.13	1.83	-	-	-
Earnings From Equity Investments	19.56	24.2	33.83	18.14	7.88	11.27
Other Non Operating Income (Expenses)	-20.69	-26.77	-0.39	-0	-15.92	-2.95
EBT Excluding Unusual Items	-11.17	-56.44	-24.71	-23.29	-6.97	7.75
Merger & Restructuring Charges	0.69	-0.17	-2.65	-6.97	-	-9.1
Gain (Loss) on Sale of Investments	-	126.26	-	-	-	-
Gain (Loss) on Sale of Assets	-0.85	82.19	0.21	-1.23	0.37	0.31
Asset Writedown	-0.4	-68.26	-0.54	-91.64	-10.15	-13.09
Other Unusual Items	-2.88	-50.08	-10.93	-	-3.52	203.06
Pretax Income	-14.6	33.5	-38.63	-123.14	-20.28	188.93
Income Tax Expense	4.63	146.68	0.32	0.33	-0.33	-0.15
Earnings From Continuing Operations	-19.23	-113.18	-38.95	-123.46	-19.95	189.08
Minority Interest in Earnings	4.53	-	-	-	-	3.27
Net Income	-14.71	-113.18	-38.95	-123.46	-19.95	192.35
Preferred Dividends & Other Adjustments	28.14	28.14	24.15	4.22	24.34	-70.64
Net Income to Common	-42.85	-141.32	-63.09	-127.68	-44.29	262.99
Shares Outstanding (Basic)	12	11	10	10	7	4
Shares Outstanding (Diluted)	12	11	10	10	7	4
Shares Change (YoY)	11.39%	2.57%	2.85%	49.06%	82.48%	22.28%
EPS (Basic)	-3.65	-13.33	-6.11	-12.71	-6.57	73.22
EPS (Diluted)	-3.65	-13.33	-6.11	-12.71	-6.57	71.19
Free Cash Flow	15.91	8.16	58	68.27	140.07	155.46
Free Cash Flow Per Share	1.36	0.77	5.61	6.79	20.78	42.09
Gross Margin	46.42%	49.84%	53.63%	56.55%	61.11%	68.08%
Operating Margin	15.36%	13.34%	17.57%	12.04%	16.74%	20.37%
Profit Margin	-8.33%	-32.82%	-13.72%	-34.46%	-11.03%	68.42%
Free Cash Flow Margin	3.09%	1.90%	12.61%	18.43%	34.88%	40.44%
EBITDA	192.68	159.03	204.5	164.61	187.22	197.39
EBITDA Margin	37.46%	36.94%	44.47%	44.43%	46.63%	51.35%
D&A For EBITDA	113.69	101.59	123.7	119.99	120	119.07
EBIT	78.99	57.45	80.8	44.62	67.23	78.32
EBIT Margin	15.36%	13.34%	17.57%	12.04%	16.74%	20.37%
Effective Tax Rate	-	437.81%	-	-	-	-
Revenue as Reported	526.82	429.62	458.9	369.59	400.62	383.47

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q