Summit Midstream annual gross margin
2022
2023
2024
2025
Summit Midstream Gross Margin Growth & History (SMC)
Summit Midstream's gross margin was 73.47% for fiscal 2025.
View full Summit Midstream company overviewSummit Midstream annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 73.47% | +0.23 pp |
| 2024 | 2024-12-31 | 73.23% | −2.26 pp |
| 2023 | 2023-12-31 | 75.49% | +51.26 pp |
| 2022 | 2022-12-31 | 24.23% | — |
Summit Midstream quarterly gross margin
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 68.33% | −6.06 pp |
| Q1 2026 | 2026-03-31 | 71.70% | −1.59 pp |
| Q4 2025 | 2025-12-31 | 72.13% | −2.69 pp |
| Q3 2025 | 2025-09-30 | 74.04% | +1.62 pp |
| Q2 2025 | 2025-06-30 | 74.39% | +3.62 pp |
| Q1 2025 | 2025-03-31 | 73.30% | −1.31 pp |
| Q4 2024 | 2024-12-31 | 74.82% | — |
| Q3 2024 | 2024-09-30 | 72.42% | −5.21 pp |
| Q2 2024 | 2024-06-30 | 70.77% | — |
| Q1 2024 | 2024-03-31 | 74.61% | — |
| Q3 2023 | 2023-09-30 | 77.63% | — |
Summit Midstream gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Summit Midstream's gross margin increased from 24.23% to 73.47%, a change of +49.23 percentage points. The latest reported quarter, Q2 2026, shows 68.33%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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