Summit Midstream Corporation (SMC)
NYSE: SMC · Real-Time Price · USD
34.08
+0.19 (0.56%)
At close: Aug 28, 2026, 4:00 PM EDT
35.05
+0.97 (2.85%)
After-hours: Aug 28, 2026, 7:59 PM EDT
Summit Midstream Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 546.75 | 520.74 | 395.87 | 427.48 | 334.58 | 364.47 |
Other Revenue | 37.52 | 42.29 | 34.69 | 32.36 | 35.95 | 37.08 |
| 584.27 | 563.03 | 430.56 | 459.84 | 370.53 | 401.56 | |
Revenue Growth | 18.90% | 30.77% | -6.37% | 24.10% | -7.73% | 4.46% |
Cost of Revenue | 320.65 | 298.28 | 215.96 | 213.2 | 160.98 | 156.15 |
Gross Profit | 263.62 | 264.75 | 214.59 | 246.64 | 209.55 | 245.41 |
Selling, General & Admin | 61.97 | 61.02 | 55.56 | 42.14 | 44.94 | 59.17 |
Other Operating Expenses | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | -0.06 |
Operating Expenses | 172.05 | 176.12 | 157.15 | 165.84 | 164.94 | 178.18 |
Operating Income | 91.57 | 88.64 | 57.45 | 80.8 | 44.62 | 67.23 |
Interest Expense | -128.02 | -124.27 | -139.46 | -163.1 | -86.05 | -66.16 |
Earnings From Equity Investments | 22.21 | 20.78 | 24.2 | 33.83 | 18.14 | 7.88 |
Other Non Operating Income (Expenses) | -8.19 | 0.78 | 4.19 | 0.87 | -0 | -15.92 |
EBT Excluding Unusual Items | -22.43 | -14.07 | -53.63 | -47.61 | -23.29 | -6.97 |
Merger & Restructuring Charges | -4.77 | -13.04 | -31.12 | -3.91 | -6.97 | - |
Gain (Loss) on Sale of Investments | - | - | 126.26 | - | - | - |
Gain (Loss) on Sale of Assets | -1.03 | -1.07 | 82.19 | 0.21 | -1.23 | 0.37 |
Asset Writedown | -2.65 | -2.73 | -68.26 | -0.54 | -91.64 | -10.15 |
Other Unusual Items | 1.5 | - | -50.08 | -10.93 | - | -3.52 |
Pretax Income | -29.39 | -30.9 | 5.36 | -62.77 | -123.14 | -20.28 |
Income Tax Expense | 0.02 | -0.5 | 146.68 | 0.32 | 0.33 | -0.33 |
Earnings From Continuing Operations | -29.41 | -30.4 | -141.32 | -63.09 | -123.46 | -19.95 |
Minority Interest in Earnings | 8.68 | 10.83 | 5.82 | - | - | - |
Net Income | -20.72 | -19.57 | -135.5 | -63.09 | -123.46 | -19.95 |
Preferred Dividends & Other Adjustments | -7.38 | - | - | - | 4.22 | 24.34 |
Net Income to Common | -13.34 | -19.57 | -135.5 | -63.09 | -127.68 | -44.29 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 13 | 12 | 11 | 10 | 10 | 7 |
Shares Outstanding (Diluted) | 13 | 12 | 11 | 10 | 10 | 7 |
Shares Change | 11.83% | 14.46% | 2.57% | 2.85% | 49.06% | 82.48% |
EPS (Basic) | -1.05 | -1.61 | -12.78 | -6.11 | -12.71 | -6.57 |
EPS (Diluted) | -1.05 | -1.61 | -12.78 | -6.11 | -12.71 | -6.57 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 44.84 | 44.55 | 8.16 | 58 | 68.27 | 140.07 |
Free Cash Flow Per Share | 3.54 | 3.67 | 0.77 | 5.61 | 6.79 | 20.78 |
Gross Margin | 45.12% | 47.02% | 49.84% | 53.63% | 56.55% | 61.11% |
Operating Margin | 15.67% | 15.74% | 13.34% | 17.57% | 12.04% | 16.74% |
Profit Margin | -2.28% | -3.48% | -31.47% | -13.72% | -34.46% | -11.03% |
Free Cash Flow Margin | 7.67% | 7.91% | 1.90% | 12.61% | 18.43% | 34.88% |
EBITDA | 201.65 | 203.73 | 159.03 | 204.5 | 164.61 | 187.22 |
EBITDA Margin | 34.51% | 36.19% | 36.94% | 44.47% | 44.43% | 46.63% |
D&A For EBITDA | 110.08 | 115.1 | 101.59 | 123.7 | 119.99 | 120 |
EBIT | 91.57 | 88.64 | 57.45 | 80.8 | 44.62 | 67.23 |
EBIT Margin | 15.67% | 15.74% | 13.34% | 17.57% | 12.04% | 16.74% |
Effective Tax Rate | - | - | 2736.53% | - | - | - |
Revenue as Reported | 583.33 | 562.09 | 429.62 | 458.9 | 369.59 | 400.62 |