SMC
Summit Midstream Corp.
NYSE · Energy · Oil & Gas Midstream · US
$34.21
−0.58%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 583.3M | 562.1M | 429.6M | 458.9M | 369.6M |
| Cost of Revenue | 337.4M | 412.4M | 316.6M | 336.0M | 280.0M |
| Gross Profit | 245.9M | 149.7M | 113.0M | 122.9M | 89.6M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 60.5M | 61.0M | 55.6M | 42.1M | 44.9M |
| General & Admin Expense | 60.5M | 61.0M | 55.6M | 42.1M | 44.9M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 96.2M | — | — | — | — |
| Total Operating Expenses | 156.7M | 61.0M | 55.6M | 42.1M | 44.9M |
| Cost and Expenses | 494.1M | 473.5M | 372.2M | 378.1M | 325.0M |
| Operating Income (EBIT) | 89.3M | 88.6M | 57.4M | 80.8M | 44.6M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 100.8M | 94.7M | 115.4M | 140.8M | 102.5M |
| Net Interest Income | (100.8M) | (94.7M) | (115.4M) | (140.8M) | (102.5M) |
| Other Non-Op Income/Expense | (90.2M) | (91.0M) | (23.9M) | (119.4M) | (185.9M) |
| Non-Operating Income (excl Interest) | (10.6M) | (3.7M) | (91.5M) | (21.4M) | 83.4M |
| EBT (Pre-Tax Income) | (892.0K) | (2.4M) | 33.5M | (38.6M) | (141.3M) |
| Income Tax Expense | 21.0K | (501.0K) | 146.7M | 322.0K | 325.0K |
| Bottom Line | |||||
| Net Income | (3.1M) | (1.9M) | (113.2M) | (38.9M) | (123.5M) |
| Earnings from Cont. Ops | (913.0K) | (1.9M) | (113.2M) | (38.9M) | (141.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (13.3M) | (19.6M) | (135.5M) | (63.1M) | (127.7M) |
| Per Share | |||||
| Basic EPS | ($1.10) | ($1.61) | ($12.78) | ($6.11) | ($12.71) |
| Diluted EPS | ($1.11) | ($1.61) | ($12.78) | ($6.11) | ($12.71) |
| Revenue Per Share | $42.24 | $46.33 | $40.53 | $44.41 | $36.78 |
| Shares | |||||
| Basic Shares Outstanding | 13.8M | 12.1M | 10.6M | 10.3M | 10.0M |
| Diluted Shares Outstanding | 14.0M | 12.1M | 10.6M | 10.3M | 10.0M |
| Profitability Metrics | |||||
| EBITDA | 209.7M | 207.4M | 250.5M | 225.9M | 81.2M |
| D&A | 109.9M | 115.1M | 101.6M | 123.7M | 120.0M |
| EBIT | 99.9M | 92.3M | 148.9M | 102.2M | (38.8M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026