Summit Midstream Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	562.09	429.62	458.9
Revenue Growth (YoY)	30.84%	-6.38%	-
Cost of Revenue	149.14	115	112.46
Gross Profit	412.95	314.62	346.44
Selling, General & Admin	61.02	55.56	42.14
Depreciation & Amortization Expenses	114.16	100.65	122.76
Other Operating Expenses	164.42	200.35	105.45
Total Operating Expenses	339.6	356.56	270.35
Operating Income	73.35	-41.93	76.1
Interest Income	20.78	24.2	33.83
Interest Expense	-94.74	-115.45	-140.78
Other Non-Operating Income (Expense)	-0.84	166.69	-8.29
Total Non-Operating Income (Expense)	-74.79	75.44	-115.24
Pretax Income	-2.41	33.5	-38.63
Provision for Income Taxes	-0.5	146.68	0.32
Net Income	-19.57	-135.5	-63.09
Minority Interest in Earnings	-10.83	-5.82	-
Net Income Attributable to Preferred Dividends	28.49	28.14	24.15
Net Income to Common	-19.57	-135.5	-63.09
Shares Outstanding (Basic)	12	11	10
Shares Outstanding (Diluted)	12	11	10
Shares Change (YoY)	14.46%	2.57%	-
EPS (Basic)	-1.61	-12.78	-6.11
EPS (Diluted)	-1.61	-12.78	-6.11
Shares Outstanding	12.26	10.66	-
Free Cash Flow	44.55	8.16	58
Free Cash Flow Growth	445.99%	-85.93%	-
Free Cash Flow Per Share	3.67	0.77	5.61
Gross Margin	73.47%	73.23%	75.49%
Operating Margin	13.05%	-9.76%	16.58%
Profit Margin	-0.34%	-26.34%	-8.49%
FCF Margin	7.93%	1.90%	12.64%
EBITDA	188.45	59.65	199.8
EBITDA Margin	33.53%	13.88%	43.54%
EBIT	73.35	-41.93	76.1
EBIT Margin	13.05%	-9.76%	16.58%
Effective Tax Rate	20.81%	437.81%	-0.83%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q