Summit Midstream Corporation
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $155.0M | $139.1M | $142.3M | $146.9M | $140.2M | $132.7M | $107.0M | $102.4M |
| Cost of Revenue | $49.1M | $39.4M | $39.7M | $38.1M | $35.9M | $35.4M | $26.9M | $28.2M |
| Gross Profit | $105.9M | $99.8M | $102.6M | $108.7M | $104.3M | $97.3M | $80.1M | $74.2M |
| Gross Margin | 68.3% | 71.7% | 72.1% | 74.0% | 74.4% | 73.3% | 74.8% | 72.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $13.7M | $17.9M | $15.7M | $13.2M | $15.5M | $16.6M | $14.2M | $12.4M |
| Operating Income | $33.0M | $20.8M | $16.3M | $29.7M | $18.9M | $27.5M | $197.0K | $-29.3M |
| Operating Margin | 21.3% | 15.0% | 11.4% | 20.2% | 13.5% | 20.7% | 0.2% | -28.6% |
| Interest Expense | $27.4M | $25.0M | $24.1M | $24.2M | $23.9M | $22.5M | $20.4M | $25.7M |
| Pretax Income | $5.6M | $-4.2M | $-7.9M | $5.5M | $-5.0M | $4.9M | $-20.2M | $-55.0M |
| Income Tax Expense | $1.1M | $-1.0M | $-582.0K | $537.0K | $-752.0K | $296.0K | $4.5M | $142.6M |
| Net Income | $1.6M | $-5.3M | $5.6M | $-1.6M | $-8.0M | $-1.9M | $-15.4M | $-204.9M |
| Net Margin | 1.0% | -3.8% | 3.9% | -1.1% | -5.7% | -1.4% | -14.4% | -200.1% |
| EPS (Basic) | $0.12 | $-0.43 | $-0.66 | $-0.13 | $-0.66 | $-0.16 | $-2.67 | $-19.25 |
| EPS (Diluted) | $0.11 | $-0.43 | $-0.66 | $-0.13 | $-0.66 | $-0.16 | $-2.09 | $-19.25 |
| Shares Outstanding (Basic) | 13.8M | 12.3M | 12.1M | 12.3M | 12.2M | 11.8M | 10.6M | 10.6M |
| Shares Outstanding (Diluted) | 14.0M | 12.3M | 12.1M | 12.3M | 12.2M | 11.8M | 10.6M | 10.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |