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NYSE · Energy

SM Energy Co (SM)

SM Energy Co brought in $5.5B of revenue over the twelve months to June 30, 2026, up 75.4% from a year earlier. Net income was $1B, a net margin of 18.2%. At June 30, 2026 it held $620M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.

Price
$33.91
-3.39% on the day · September 25, 2026
52-week range $17.45 to $41.56
Market cap
$8.1B
Revenue (last 12 months)
$5.5B
+75.4% year on year
Net margin
18.2%
P/E
6.0
on FY2025 diluted EPS

What SM Energy Co does

SM Energy Co is registered with the SEC under industry code SIC 1311 (Crude Petroleum & Natural Gas). Its shares trade on NYSE under the ticker SM.

Revenue and profit by year

Revenue
FY18: $2.1B $2.1B FY18FY19: $1.6B $1.6B FY19FY20: $1.1B $1.1B FY20FY21: $2.6B $2.6B FY21FY22: $3.4B $3.4B FY22FY23: $2.4B $2.4B FY23FY24: $2.7B $2.7B FY24FY25: $3.2B $3.2B FY25
Net income
FY18: $508.4M $508.4M FY18FY19: -$187M -$187M FY19FY20: -$764.6M -$764.6M FY20FY21: $36.2M $36.2M FY21FY22: $1.1B $1.1B FY22FY23: $818M $818M FY23FY24: $770M $770M FY24FY25: $648M $648M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$3.2B$1B$648M$5.64n/a
2024$2.7B$1.1B$770M$6.67n/a
2023$2.4B$987M$818M$6.86n/a
2022$3.4B$1.6B$1.1B$8.96n/a
2021$2.6B$209.1M$36.2M$0.29n/a
2020$1.1B-$1.1B-$764.6M-$6.72n/a

Latest SEC filings

What SM Energy Co has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 15, 2026
  2. September 4, 2026
  3. August 14, 2026
  4. August 6, 2026
    Quarterly report 10-Q · period to June 30, 2026
  5. August 5, 2026
  6. July 16, 2026
  7. June 1, 2026
  8. May 22, 2026
  9. May 15, 2026
  10. May 15, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 11, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about SM

What does SM Energy Co do?

SM Energy Co is registered with the SEC under industry code SIC 1311 (Crude Petroleum & Natural Gas). Its shares trade on NYSE under the ticker SM.

Is SM Energy Co profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $1B on revenue of $5.5B, a net margin of 18.2%.

How much revenue does SM Energy Co make?

Over the twelve months to June 30, 2026 SM Energy Co reported revenue of $5.5B. That is 75.4% more than a year earlier.

When did SM Energy Co last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the conflict minerals disclosure from September 15, 2026.

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Where the numbers come from

Financial figures are the values SM Energy Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.