diff --git a/CHANGELOG.md b/CHANGELOG.md
index 006d3e33862a9..0db9e69d28180 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -60,6 +60,9 @@ The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/).
 
 ### Removed
 
+- Removed the deprecated `summarize` method from the `LightningModule` ([#12559](https://github.com/PyTorchLightning/pytorch-lightning/pull/12559))
+
+
 - Removed the deprecated `stochastic_weight_avg` argument from the `Trainer` constructor ([#12535](https://github.com/PyTorchLightning/pytorch-lightning/pull/12535))
 
 
diff --git a/pytorch_lightning/core/lightning.py b/pytorch_lightning/core/lightning.py
index b5a748295a7ea..ef162374318d1 100644
--- a/pytorch_lightning/core/lightning.py
+++ b/pytorch_lightning/core/lightning.py
@@ -46,7 +46,6 @@
 from pytorch_lightning.utilities.distributed import distributed_available, sync_ddp
 from pytorch_lightning.utilities.exceptions import MisconfigurationException
 from pytorch_lightning.utilities.memory import get_model_size_mb
-from pytorch_lightning.utilities.model_summary import ModelSummary, summarize
 from pytorch_lightning.utilities.parsing import collect_init_args
 from pytorch_lightning.utilities.rank_zero import rank_zero_debug, rank_zero_deprecation, rank_zero_warn
 from pytorch_lightning.utilities.signature_utils import is_param_in_hook_signature
@@ -1706,28 +1705,6 @@ def tbptt_split_batch(self, batch, split_size):
 
         return splits
 
-    def summarize(self, max_depth: int = 1) -> ModelSummary:
-        """Summarize this LightningModule.
-
-        .. deprecated:: v1.5
-            This method was deprecated in v1.5 in favor of `pytorch_lightning.utilities.model_summary.summarize`
-            and will be removed in v1.7.
-
-        Args:
-            max_depth: The maximum depth of layer nesting that the summary will include. A value of 0 turns the
-                layer summary off. Default: 1.
-
-        Return:
-            The model summary object
-        """
-        rank_zero_deprecation(
-            "The `LightningModule.summarize` method is deprecated in v1.5 and will be removed in v1.7. "
-            "Use `pytorch_lightning.utilities.model_summary.summarize` instead.",
-            stacklevel=6,
-        )
-
-        return summarize(self, max_depth)
-
     def freeze(self) -> None:
         r"""
         Freeze all params for inference.
diff --git a/tests/deprecated_api/test_remove_1-7.py b/tests/deprecated_api/test_remove_1-7.py
index ecd890e6b6291..51cee5eaeab9a 100644
--- a/tests/deprecated_api/test_remove_1-7.py
+++ b/tests/deprecated_api/test_remove_1-7.py
@@ -45,12 +45,6 @@
 from tests.plugins.environments.test_lsf_environment import _make_rankfile
 
 
-def test_v1_7_0_deprecated_lightning_module_summarize(tmpdir):
-    model = BoringModel()
-    with pytest.deprecated_call(match="The `LightningModule.summarize` method is deprecated in v1.5"):
-        model.summarize(max_depth=1)
-
-
 def test_v1_7_0_moved_model_summary_and_layer_summary(tmpdir):
     _soft_unimport_module("pytorch_lightning.core.memory")
     with pytest.deprecated_call(match="to `pytorch_lightning.utilities.model_summary` since v1.5"):
diff --git a/tests/trainer/logging_/test_logger_connector.py b/tests/trainer/logging_/test_logger_connector.py
index 986f2ec982b8d..bd8fe86141282 100644
--- a/tests/trainer/logging_/test_logger_connector.py
+++ b/tests/trainer/logging_/test_logger_connector.py
@@ -246,7 +246,6 @@ def test_fx_validator_integration(tmpdir):
         "on_save_checkpoint": "You can't",
         "on_load_checkpoint": "You can't",
         "on_exception": "You can't",
-        "summarize": "not managed by the `Trainer",
     }
     model = HookedModel(not_supported)