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Side-by-side financial comparison of INFINITY NATURAL RESOURCES, INC. (INR) and Summit Midstream Corp (SMC). Click either name above to swap in a different company.

Summit Midstream Corp is the larger business by last-quarter revenue ($142.3M vs $115.5M, roughly 1.2× INFINITY NATURAL RESOURCES, INC.). INFINITY NATURAL RESOURCES, INC. runs the higher net margin — 17.3% vs -5.1%, a 22.5% gap on every dollar of revenue.

Summit Midstream Corp is a North American midstream energy firm serving upstream oil and gas producers. It runs natural gas and crude gathering pipelines, compression facilities, and produced water handling services, with assets across key US onshore resource basins.

INR vs SMC — Head-to-Head

Bigger by revenue
SMC
SMC
1.2× larger
SMC
$142.3M
$115.5M
INR
Higher net margin
INR
INR
22.5% more per $
INR
17.3%
-5.1%
SMC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INR
INR
SMC
SMC
Revenue
$115.5M
$142.3M
Net Profit
$20.0M
$-7.3M
Gross Margin
72.1%
Operating Margin
47.0%
-5.5%
Net Margin
17.3%
-5.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$1.33
$-0.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INR
INR
SMC
SMC
Q4 25
$115.5M
$142.3M
Q3 25
$78.3M
$146.9M
Q2 25
$72.5M
$140.2M
Q1 25
$84.2M
$132.7M
Q3 24
$102.4M
Net Profit
INR
INR
SMC
SMC
Q4 25
$20.0M
$-7.3M
Q3 25
$10.4M
$-1.6M
Q2 25
$18.0M
$-8.0M
Q1 25
$-34.6M
$2.0M
Q3 24
$-204.9M
Gross Margin
INR
INR
SMC
SMC
Q4 25
72.1%
Q3 25
74.0%
Q2 25
74.4%
Q1 25
73.3%
Q3 24
72.4%
Operating Margin
INR
INR
SMC
SMC
Q4 25
47.0%
-5.5%
Q3 25
30.5%
3.8%
Q2 25
29.9%
-3.6%
Q1 25
-104.5%
3.7%
Q3 24
-53.7%
Net Margin
INR
INR
SMC
SMC
Q4 25
17.3%
-5.1%
Q3 25
13.3%
-1.1%
Q2 25
24.8%
-5.7%
Q1 25
-41.1%
1.5%
Q3 24
-200.1%
EPS (diluted)
INR
INR
SMC
SMC
Q4 25
$1.33
$-0.66
Q3 25
$0.65
$-0.13
Q2 25
$1.18
$-0.66
Q1 25
$-2.27
$-0.16
Q3 24
$-19.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INR
INR
SMC
SMC
Cash + ST InvestmentsLiquidity on hand
$2.8M
$9.3M
Total DebtLower is stronger
$55.0K
$1.0B
Stockholders' EquityBook value
$307.1M
$546.2M
Total Assets
$1.2B
$2.4B
Debt / EquityLower = less leverage
0.00×
1.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INR
INR
SMC
SMC
Q4 25
$2.8M
$9.3M
Q3 25
$4.6M
$24.6M
Q2 25
$6.3M
$20.9M
Q1 25
$4.9M
$26.2M
Q3 24
$17.8M
Total Debt
INR
INR
SMC
SMC
Q4 25
$55.0K
$1.0B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$123.0K
$1.1B
Q3 24
$957.0M
Stockholders' Equity
INR
INR
SMC
SMC
Q4 25
$307.1M
$546.2M
Q3 25
$288.6M
$551.9M
Q2 25
$10.1M
$552.0M
Q1 25
$-52.2M
$558.1M
Q3 24
$651.5M
Total Assets
INR
INR
SMC
SMC
Q4 25
$1.2B
$2.4B
Q3 25
$1.1B
$2.4B
Q2 25
$1.0B
$2.4B
Q1 25
$953.9M
$2.4B
Q3 24
$2.0B
Debt / Equity
INR
INR
SMC
SMC
Q4 25
0.00×
1.91×
Q3 25
1.96×
Q2 25
1.95×
Q1 25
1.94×
Q3 24
1.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INR
INR
SMC
SMC
Operating Cash FlowLast quarter
$75.1M
$53.7M
Free Cash FlowOCF − Capex
$34.5M
FCF MarginFCF / Revenue
24.3%
Capex IntensityCapex / Revenue
13.4%
Cash ConversionOCF / Net Profit
3.75×
TTM Free Cash FlowTrailing 4 quarters
$44.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INR
INR
SMC
SMC
Q4 25
$75.1M
$53.7M
Q3 25
$42.1M
$26.7M
Q2 25
$70.4M
$37.2M
Q1 25
$74.2M
$16.0M
Q3 24
Free Cash Flow
INR
INR
SMC
SMC
Q4 25
$34.5M
Q3 25
$3.8M
Q2 25
$10.8M
Q1 25
$-4.6M
Q3 24
FCF Margin
INR
INR
SMC
SMC
Q4 25
24.3%
Q3 25
2.6%
Q2 25
7.7%
Q1 25
-3.4%
Q3 24
Capex Intensity
INR
INR
SMC
SMC
Q4 25
13.4%
Q3 25
15.6%
Q2 25
18.8%
Q1 25
15.5%
Q3 24
Cash Conversion
INR
INR
SMC
SMC
Q4 25
3.75×
Q3 25
4.04×
Q2 25
3.91×
Q1 25
7.89×
Q3 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INR
INR

Oil Reserves$54.0M47%
Natural Gas Reserves$46.8M41%
Natural Gas Liquids Reserves$14.7M13%

SMC
SMC

Rockies Segment$86.2M61%
Mid Con Barnett Shale Segment$39.4M28%
Piceance Basin Segment$15.8M11%

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