SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
29.92
+0.29 (0.98%)
At close: Nov 6, 2026, 4:00 PM EST
30.10
+0.18 (0.60%)
After-hours: Nov 6, 2026, 7:58 PM EST
SM Energy Company Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 2,022 | 2,025 | 1,396 | 675.6 | 778 | 755 | 803 | 801.25 | 613.06 | 633.45 | 507.2 | 579.16 | 639.7 | 519.16 | 520.78 | 637.35 | 827.56 | 950.08 | 768.32 | 811.67 |
Other Revenue | 12 | 82 | 2 | 2.63 | 1 | 8 | 5 | 16.39 | 1.23 | 1.1 | 0.27 | 1.87 | 1.2 | 4.2 | 2.73 | 2.07 | 7.89 | 1.73 | 1.06 | 2.59 |
| 2,034 | 2,107 | 1,398 | 678.22 | 779 | 763 | 808 | 817.64 | 614.29 | 634.56 | 507.47 | 581.03 | 640.9 | 523.35 | 523.51 | 639.42 | 835.45 | 951.8 | 769.38 | 814.26 | |
Revenue Growth (YoY) | 161.10% | 176.15% | 73.02% | -17.05% | 26.81% | 20.24% | 59.22% | 40.72% | -4.15% | 21.25% | -3.06% | -9.13% | -23.29% | -45.01% | -31.96% | -21.47% | 9.89% | 80.22% | 92.76% | 164.89% |
Cost of Revenue | 421 | 411 | 331 | -255.7 | 186 | 184 | 178 | -138.21 | 107.22 | 136.62 | 61.38 | 104.34 | 138.26 | 108.39 | 70.05 | 106.07 | 159.96 | 113.39 | 37.19 | 99.39 |
Gross Profit | 1,613 | 1,696 | 1,067 | 933.93 | 593 | 579 | 630 | 955.85 | 507.07 | 497.93 | 446.1 | 476.68 | 502.64 | 414.97 | 453.46 | 533.35 | 675.49 | 838.41 | 732.19 | 714.88 |
Selling, General & Admin | 50 | 42 | -41 | 471.25 | 39 | 42 | 39 | 360.57 | 35.14 | 31.11 | 30.18 | 36.64 | 29.26 | 27.5 | 27.67 | 32.84 | 28.43 | 28.29 | 25 | 37.06 |
Other Operating Expenses | 707 | -230 | 716 | -56.73 | -30 | -66 | 32 | 31.56 | -74.06 | -9.3 | 52.75 | -74.82 | 78.19 | 5.32 | -18.88 | -4.05 | -135.29 | 121.62 | 436.93 | -17.91 |
Operating Expenses | 1,369 | 425 | 1,133 | 751.6 | 346 | 284 | 353 | 668.58 | 176.12 | 218.55 | 267.7 | 166.77 | 307.04 | 205.62 | 181.41 | 190.69 | 53.21 | 325.6 | 630.45 | 240.46 |
Operating Income | 244 | 1,271 | -66 | 182.32 | 247 | 295 | 277 | 287.27 | 330.95 | 279.38 | 178.4 | 309.91 | 195.6 | 209.35 | 272.05 | 342.66 | 622.28 | 512.81 | 101.74 | 474.41 |
Interest Expense | -116 | -111 | -113 | -43.13 | -43 | -43 | -44 | -46.64 | -50.68 | -21.81 | -21.87 | -23.92 | -23.11 | -22.15 | -22.46 | -22.64 | -22.83 | -35.5 | -39.39 | -40.09 |
Interest & Investment Income | 4 | 4 | - | 1.88 | 1 | - | - | 0.88 | 18.02 | 6.33 | 6.77 | 6.05 | 4.11 | 4.99 | 4.7 | 3.69 | 1.55 | 0.5 | 0.04 | - |
Other Non Operating Income (Expenses) | -1 | - | 1 | 0.13 | -1 | 1 | -1 | -0.32 | -0.64 | -0.02 | -0.02 | -0.23 | -0.23 | -0.23 | -0.23 | -0.38 | -0.38 | -0.38 | -0.38 | 0.61 |
EBT Excluding Unusual Items | 131 | 1,164 | -178 | 141.2 | 204 | 253 | 232 | 241.2 | 297.65 | 263.88 | 163.27 | 291.81 | 176.36 | 191.97 | 254.06 | 323.33 | 600.62 | 477.42 | 62 | 434.93 |
Merger & Restructuring Charges | -6 | -37 | -232 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | -2 | 262 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -67.23 | -0.38 | - |
Pretax Income | 123 | 1,389 | -410 | 141.2 | 204 | 253 | 232 | 241.2 | 297.65 | 263.88 | 163.27 | 291.81 | 176.36 | 191.97 | 254.06 | 323.33 | 600.62 | 410.2 | 61.63 | 434.93 |
Income Tax Expense | 30 | 318 | -75 | 32.23 | 49 | 51 | 50 | 53.21 | 57.13 | 53.59 | 32.07 | 44.7 | -45.98 | 42.09 | 55.51 | 64.87 | 119.38 | 86.71 | 12.86 | 10.03 |
Net Income | 93 | 1,071 | -335 | 108.98 | 155 | 202 | 182 | 187.99 | 240.52 | 210.29 | 131.2 | 247.11 | 222.34 | 149.87 | 198.55 | 258.46 | 481.24 | 323.49 | 48.76 | 424.9 |
Net Income to Common | 93 | 1,071 | -335 | 108.98 | 155 | 202 | 182 | 187.99 | 240.52 | 210.29 | 131.2 | 247.11 | 222.34 | 149.87 | 198.55 | 258.46 | 481.24 | 323.49 | 48.76 | 424.9 |
Net Income Growth (YoY) | -40.00% | 430.20% | - | -42.03% | -35.56% | -3.94% | 38.72% | -23.93% | 8.18% | 40.31% | -33.92% | -4.39% | -53.80% | -53.67% | 307.17% | -39.17% | 462.24% | - | - | - |
Shares Outstanding (Basic) | 237 | 239 | 199 | 115 | 115 | 115 | 115 | 114 | 114 | 115 | 116 | 116 | 118 | 119 | 122 | 122 | 123 | 122 | 122 | 122 |
Shares Outstanding (Diluted) | 239 | 240 | 199 | 115 | 115 | 115 | 115 | 115 | 115 | 116 | 116 | 117 | 118 | 120 | 122 | 123 | 124 | 124 | 124 | 124 |
Shares Change (YoY) | 107.83% | 108.70% | 73.04% | -0.03% | 0.01% | -0.62% | -1.26% | -1.33% | -2.82% | -3.63% | -4.75% | -5.52% | -4.79% | -3.43% | -1.54% | -0.50% | 0.35% | 5.06% | 8.20% | 8.29% |
EPS (Basic) | 0.39 | 4.48 | -1.68 | 0.95 | 1.35 | 1.76 | 1.58 | 1.64 | 2.10 | 1.83 | 1.13 | 2.13 | 1.89 | 1.26 | 1.63 | 2.11 | 3.91 | 2.65 | 0.40 | 3.50 |
EPS (Diluted) | 0.39 | 4.46 | -1.68 | 0.95 | 1.35 | 1.76 | 1.58 | 1.64 | 2.09 | 1.82 | 1.12 | 2.12 | 1.88 | 1.24 | 1.63 | 2.09 | 3.87 | 2.60 | 0.40 | 3.43 |
EPS Growth (YoY) | -71.06% | 153.91% | - | -42.32% | -35.51% | -3.49% | 41.02% | -22.52% | 11.17% | 46.24% | -31.00% | 1.29% | -51.42% | -52.09% | 308.02% | -38.89% | 460.87% | - | - | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 411 | 349 | 85 | 223.15 | 107 | 161 | 69 | -1,879 | 149.32 | 153.7 | -56.37 | 253.25 | 145.8 | -14.92 | 90.92 | 0.29 | 287.26 | 326.95 | 191.97 | 305.05 |
Free Cash Flow Per Share | 1.72 | 1.45 | 0.43 | 1.94 | 0.93 | 1.40 | 0.60 | -16.33 | 1.30 | 1.33 | -0.48 | 2.17 | 1.23 | -0.12 | 0.74 | 0.00 | 2.31 | 2.63 | 1.55 | 2.46 |
Dividend Per Share | 0.220 | 0.220 | 0.220 | 0.200 | 0.200 | 0.200 | 0.200 | 0.200 | 0.200 | 0.180 | 0.180 | 0.180 | 0.150 | 0.150 | 0.150 | 0.150 | 0.150 | 0.010 | - | - |
Dividend Growth (YoY) | 10.00% | 10.00% | 10.00% | 0% | 0% | 11.11% | 11.11% | 11.11% | 33.33% | 20.00% | 20.00% | 20.00% | 0% | 1400.00% | - | - | 1400.00% | 0% | - | - |
Gross Margin | 79.30% | 80.49% | 76.32% | 137.70% | 76.12% | 75.89% | 77.97% | 116.90% | 82.55% | 78.47% | 87.91% | 82.04% | 78.43% | 79.29% | 86.62% | 83.41% | 80.85% | 88.09% | 95.17% | 87.79% |
Operating Margin | 12.00% | 60.32% | -4.72% | 26.88% | 31.71% | 38.66% | 34.28% | 35.13% | 53.87% | 44.03% | 35.15% | 53.34% | 30.52% | 40.00% | 51.97% | 53.59% | 74.48% | 53.88% | 13.22% | 58.26% |
Profit Margin | 4.57% | 50.83% | -23.96% | 16.07% | 19.90% | 26.47% | 22.53% | 22.99% | 39.16% | 33.14% | 25.85% | 42.53% | 34.69% | 28.64% | 37.93% | 40.42% | 57.60% | 33.99% | 6.34% | 52.18% |
Free Cash Flow Margin | 20.21% | 16.56% | 6.08% | 32.90% | 13.74% | 21.10% | 8.54% | -229.77% | 24.31% | 24.22% | -11.11% | 43.59% | 22.75% | -2.85% | 17.37% | 0.04% | 34.38% | 34.35% | 24.95% | 37.46% |
EBITDA | 834 | 1,863 | 366 | 501.06 | 572 | 588 | 547 | 547.49 | 533.89 | 459.03 | 344.58 | 499.02 | 384.95 | 367.18 | 426.24 | 493.74 | 768.15 | 667.63 | 261.22 | 683.17 |
EBITDA Margin | 41.00% | 88.42% | 26.18% | 73.88% | 73.43% | 77.06% | 67.70% | 66.96% | 86.91% | 72.34% | 67.90% | 85.89% | 60.06% | 70.16% | 81.42% | 77.22% | 91.94% | 70.14% | 33.95% | 83.90% |
D&A For EBITDA | 590 | 592 | 432 | 318.74 | 325 | 293 | 270 | 260.22 | 202.94 | 179.65 | 166.19 | 189.11 | 189.35 | 157.83 | 154.19 | 151.08 | 145.87 | 154.82 | 159.48 | 208.76 |
EBIT | 244 | 1,271 | -66 | 182.32 | 247 | 295 | 277 | 287.27 | 330.95 | 279.38 | 178.4 | 309.91 | 195.6 | 209.35 | 272.05 | 342.66 | 622.28 | 512.81 | 101.74 | 474.41 |
EBIT Margin | 12.00% | 60.32% | -4.72% | 26.88% | 31.71% | 38.66% | 34.28% | 35.13% | 53.87% | 44.03% | 35.15% | 53.34% | 30.52% | 40.00% | 51.97% | 53.59% | 74.48% | 53.88% | 13.22% | 58.26% |
Effective Tax Rate | 24.39% | 22.89% | - | 22.82% | 24.02% | 20.16% | 21.55% | 22.06% | 19.19% | 20.31% | 19.64% | 15.32% | - | 21.93% | 21.85% | 20.06% | 19.88% | 21.14% | 20.87% | 2.31% |
Revenue as Reported | 2,170 | 2,500 | 1,479 | 704.92 | 812 | 793 | 845 | 851.96 | 643.61 | 634.56 | 559.87 | 608.73 | 640.9 | 550.75 | 573.51 | 671.32 | 835.45 | 992.1 | 859.78 | 854.96 |