Summit Midstream Corp. (SMC) — Financial statements
Income statement, balance sheet, and cash flow for Summit Midstream Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 562↑30.8% | 430↓6.4% | 459↑24.2% | 370↓8.0% | 402 | |
| Cost of Revenue | 412↑30.3% | 317↓5.8% | 336↑20.0% | 280↑79.3% | 156 | |
| Gross Profit | 150↑32.4% | 113↓8.1% | 123↑37.3% | 90↓63.5% | 245 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 61↑9.8% | 56↑31.9% | 42↓6.2% | 45↓20.7% | 57 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 2 | |
| SG&A Expenses | 61↑9.8% | 56↑31.9% | 42↓6.2% | 45↓24.0% | 59 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 61↑9.8% | 56↑31.9% | 42↓6.2% | 45↓24.0% | 59 | |
| Total Costs & Expenses | 473↑27.2% | 372↓1.6% | 378↑16.3% | 325↑50.9% | 215 | |
| Operating Results | ||||||
| Operating Income | 89↑54.3% | 57↓28.9% | 81↑81.1% | 45↓76.0% | 186 | |
| Depreciation & Amortization | 115↑13.3% | 102↓17.9% | 124↑3.1% | 120↓0.0% | 120 | |
| EBITDA | 204↓18.7% | 251↑10.9% | 226↑178.2% | 81↓56.6% | 187 | |
| EBIT | 89↓40.5% | 149↑45.8% | 102↑363.2% | -39↓157.7% | 67 | |
| Interest & Other Income | ||||||
| Net Interest Income | -95↑17.9% | -115↑18.0% | -141↓37.4% | -102↓54.9% | -66 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 95↓17.9% | 115↓18.0% | 141↑37.4% | 102↑54.9% | 66 | |
| Non-Operating Income | 0.00↑100.0% | -92↓328.4% | -21↓125.6% | 83↓29.9% | 119 | |
| Other Income / Expenses | -91↓280.2% | -24↑80.0% | -119↑35.8% | -186↑9.7% | -206 | |
| Income Before Tax | -2↓107.2% | 34↑186.7% | -39↑72.7% | -141↓620.0% | -20 | |
| Income Tax Expense | -0.50↓100.3% | 147↑45452.2% | 0.32↓0.9% | 0.33↓0.6% | 0.33 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -2↑98.3% | -113↓190.6% | -39↑72.5% | -142↓609.8% | -20 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -2↑98.3% | -113↓190.6% | -39↑68.5% | -123↓518.9% | -20 | |
| Bottom-Line Net Income | -20↑85.6% | -135↓114.8% | -63↑50.6% | -128↓188.3% | -44 | |
| EPS (Basic) | -1.61↑87.4% | -12.78↓109.2% | -6.11↑51.9% | -12.71↓93.5% | -6.57 | |
| EPS (Diluted) | -1.61↑87.4% | -12.78↓109.2% | -6.11↑51.9% | -12.71↓93.5% | -6.57 | |
| Weighted Average Shares | 12↑14.5% | 11↑2.6% | 10↑2.8% | 10↑49.1% | 7 | |
| Weighted Average Diluted Shares | 12↑14.5% | 11↑2.6% | 10↑2.8% | 10↑49.1% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.