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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SMC›Financials
Annual statements · SEC XBRL · FY2023 – FY2025

Summit Midstream Corp (SMC) financials

Income statement

Summit Midstream Corp (SMC) income statement, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Revenue$459M$430M$562M
Revenue growth—-6.4%30.8%
Net income-$51.5M-$122M-$5.94M
Net margin-11.2%-28.4%-1.1%
EPS (diluted)-$6.11-$12.78-$1.61

Cash flow

Summit Midstream Corp (SMC) cash flow, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Operating cash flow$127M$61.8M$134M
Capital expenditures$68.9M$53.6M$89.0M
Free cash flow$58.0M$8.16M$44.6M

Balance sheet

Summit Midstream Corp (SMC) balance sheet, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Cash & equivalents$14.0M$22.8M$9.27M
Total assets$2.49B$2.36B$2.39B
Total liabilities$1.65B$1.26B$1.30B
Long-term debt$1.46B$977M$1.02B
Shareholders' equity$719M$468M$546M
Retained earnings$0.00-$183M-$203M
Shares (wtd avg diluted)10.3M10.6M12.1M

Every figure is extracted from Summit Midstream Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Summit Midstream Corp's annual revenue?
Summit Midstream Corp (SMC) reported $562M of revenue for fiscal year 2025 — up 30.8% from $430M in FY2024, per its annual report filed with the SEC.
Is Summit Midstream Corp profitable?
Not in FY2025 — SMC reported a net loss of $5.94M, per SEC filings.
What is Summit Midstream Corp's free cash flow?
$44.6M in FY2025 (operating cash flow $134M minus $89.0M of capital expenditures), from the SEC cash-flow statement.
Does SMC pay a dividend?
Summit Midstream Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SMC analysis — verdict, score & filings →Is SMC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.