Summit Midstream Corporation (SMC)
NYSE: SMC · Real-Time Price · USD
30.80
+0.84 (2.80%)
At close: Apr 28, 2026, 4:00 PM EDT
30.52
-0.29 (-0.93%)
After-hours: Apr 28, 2026, 7:00 PM EDT

Summit Midstream Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Operating Revenue
520.74395.87427.48334.58364.47
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Other Revenue
42.2934.6932.3635.9537.08
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Revenue
563.03430.56459.84370.53401.56
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Revenue Growth (YoY)
30.77%-6.37%24.10%-7.73%4.46%
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Cost of Revenue
298.28215.96213.2160.98156.15
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Gross Profit
264.75214.59246.64209.55245.41
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Selling, General & Admin
61.0255.5642.1444.9459.17
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Other Operating Expenses
0.940.940.940.94-0.06
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Operating Expenses
176.12157.15165.84164.94178.18
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Operating Income
88.6457.4580.844.6267.23
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Interest Expense
-124.27-139.46-163.1-86.05-66.16
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Earnings From Equity Investments
20.7824.233.8318.147.88
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Other Non Operating Income (Expenses)
0.784.190.87-0-15.92
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EBT Excluding Unusual Items
-14.07-53.63-47.61-23.29-6.97
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Merger & Restructuring Charges
-13.04-31.12-3.91-6.97-
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Gain (Loss) on Sale of Investments
-126.26---
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Gain (Loss) on Sale of Assets
-1.0782.190.21-1.230.37
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Asset Writedown
-2.73-68.26-0.54-91.64-10.15
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Other Unusual Items
--50.08-10.93--3.52
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Pretax Income
-30.95.36-62.77-123.14-20.28
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Income Tax Expense
-0.5146.680.320.33-0.33
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Earnings From Continuing Operations
-30.4-141.32-63.09-123.46-19.95
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Minority Interest in Earnings
10.835.82---
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Net Income
-19.57-135.5-63.09-123.46-19.95
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Preferred Dividends & Other Adjustments
---4.2224.34
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Net Income to Common
-19.57-135.5-63.09-127.68-44.29
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Shares Outstanding (Basic)
121110107
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Shares Outstanding (Diluted)
121110107
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Shares Change (YoY)
14.46%2.57%2.85%49.06%82.48%
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EPS (Basic)
-1.61-12.78-6.11-12.71-6.57
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EPS (Diluted)
-1.61-12.78-6.11-12.71-6.57
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Free Cash Flow
44.558.165868.27140.07
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Free Cash Flow Per Share
3.670.775.616.7920.78
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Gross Margin
47.02%49.84%53.63%56.55%61.11%
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Operating Margin
15.74%13.34%17.57%12.04%16.74%
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Profit Margin
-3.48%-31.47%-13.72%-34.46%-11.03%
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Free Cash Flow Margin
7.91%1.90%12.61%18.43%34.88%
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EBITDA
203.73159.03204.5164.61187.22
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EBITDA Margin
36.19%36.94%44.47%44.43%46.63%
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D&A For EBITDA
115.1101.59123.7119.99120
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EBIT
88.6457.4580.844.6267.23
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EBIT Margin
15.74%13.34%17.57%12.04%16.74%
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Effective Tax Rate
-2736.53%---
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Revenue as Reported
562.09429.62458.9369.59400.62
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Source: S&P Capital IQ. Standard template. Financial Sources.