Summit Midstream Corporation (SMC)

Summit Midstream Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	-9.71	-1.91	-113.18	-38.95
Depreciation & Amortization	113.29	115.1	101.59	123.7
Stock-Based Compensation	8.46	7.8	8.56	6.57
Other Adjustments	32.59	25.36	82.76	55.28
Change in Receivables	8.79	9.85	3	-3.35
Changes in Accounts Payable	-3.34	5.55	1.12	4.48
Changes in Accrued Expenses	-10.46	-15.06	-0.63	5.59
Changes in Unearned Revenue	-6.38	-6.45	-5.08	-6.47
Changes in Other Operating Activities	-8.97	-6.65	-16.38	-19.94
Operating Cash Flow	124.44	133.6	61.77	126.91
Operating Cash Flow Growth	264.00%	116.27%	-51.32%	-
Capital Expenditures	-87.71	-89.04	-53.61	-68.91
Sale of Property, Plant & Equipment	-	-	4.4	0.26
Payments for Business Acquisitions	-	-70	-154.15	-
Proceeds from Business Divestments	-	-	694.3	-
Other Investing Activities	-1.41	-4.11	-3.88	-6.11
Investing Cash Flow	-89.42	-163.15	487.06	-74.76
Short-Term Debt Issued	121	133	305	70
Short-Term Debt Repaid	-150	-325	-313	-87
Net Short-Term Debt Issued (Repaid)	-29	-192	-8	-17
Long-Term Debt Issued	340	258.44	565.8	29.48
Long-Term Debt Repaid	-125.32	-12.32	-1,060	-40.16
Net Long-Term Debt Issued (Repaid)	214.68	246.11	-494.02	-10.68
Issuance of Common Stock	41.46	-	-	-
Net Common Stock Issued (Repurchased)	41.46	-	-	-
Preferred Share Dividends Paid	-207.56	-19.91	-6.51	-6.51
Other Financing Activities	-34.67	-10.17	-31.75	-14.85
Financing Cash Flow	-15.1	24.04	-540.28	-49.04
Net Cash Flow	19.92	-5.52	8.55	3.11
Free Cash Flow	36.72	44.55	8.16	58
Free Cash Flow Growth	-17.58%	445.99%	-85.93%	-
FCF Margin	6.46%	7.93%	1.90%	12.64%
Free Cash Flow Per Share	3.00	3.67	0.77	5.61
Levered Free Cash Flow	159.13	37.99	-610.5	-52.31
Unlevered Free Cash Flow	59.86	61.53	168.67	115.19

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q