Revenue
$2.50B
Fiscal year ended 2026-06-30Operating income
$1.50B
Fiscal year ended 2026-06-30Free cash flow
Unavailable
Fiscal year ended 2026-06-30SM Energy Co (SM) reported revenue of $2.50B and net income of $1.07B for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from SM Energy Co’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Crude Petroleum & Natural Gas.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.50B | $1.48B | $702.30M | $811.59M | $793.00M | $845.00M | $851.96M | $643.61M | $634.56M | $559.87M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $1.50B | -$298.00M | $182.32M | $246.48M | $295.00M | $276.00M | $287.27M | $330.95M | $279.38M | $178.40M |
| Net income | $1.07B | -$335.00M | $108.98M | $155.09M | $202.00M | $182.00M | $187.98M | $240.52M | $210.29M | $131.20M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 240.00M | shares 199.00M | Unavailable | shares 115.23M | shares 115.00M | shares 115.00M | Unavailable | shares 114.99M | shares 115.72M | shares 116.46M |
| Pretax income | $1.39B | -$410.00M | $141.20M | $204.29M | $253.00M | $232.00M | $241.20M | $297.65M | $263.88M | $163.27M |
| Income tax expense | $318.00M | -$75.00M | $32.23M | $49.20M | $51.00M | $50.00M | $53.21M | $57.13M | $53.59M | $32.07M |
| Diluted EPS | $4.46 | $-1.68 | Unavailable | $1.35 | $1.76 | $1.59 | Unavailable | $2.09 | $1.82 | $1.13 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $79.00M | $174.00M | $40.25M | $39.32M | $42.00M | $39.00M | $41.57M | $35.14M | $31.11M | $30.18M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $620.00M | $449.00M | $368.00M | $162.25M | $101.88M | $54.00K | $0 | $1.74B | $487.87M | $506.25M |
| Total assets | $18.86B | $19.14B | $9.25B | $9.09B | $8.99B | $8.79B | $8.58B | $8.03B | $6.66B | $6.40B |
| Current assets | $1.90B | $1.67B | $811.00M | $632.96M | $575.09M | $471.82M | $435.00M | $2.04B | $774.23M | $793.04M |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $3.09B | $4.28B | $1.17B | $1.14B | $837.95M | $822.72M | $790.00M | $581.10M | $601.78M | $536.08M |
| Total equity incl. NCI | $7.81B | $6.87B | $4.81B | $4.71B | $4.59B | $4.40B | $4.24B | $4.06B | $3.84B | $3.70B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $989.00M | $915.00M | $331.00M | $367.69M | $364.30M | $382.96M | $361.00M | $226.60M | $239.10M | $241.73M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | $77.00M | Unavailable | Unavailable | Unavailable | $83.00M | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.10B | $640.00M | $451.91M | $505.09M | $571.00M | $483.00M | $578.36M | $452.26M | $476.38M | $276.00M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | $143.00M | -$628.00M | -$224.23M | -$404.77M | -$410.00M | -$429.00M | -$2.45B | -$302.94M | -$322.68M | -$332.29M |
| Financing cash flow | -$1.08B | $69.00M | -$21.94M | -$40.06M | -$59.00M | -$54.00M | $33.58M | $1.10B | -$70.09M | -$53.62M |
| Net change in cash | $171.00M | $81.00M | $205.75M | $60.25M | $102.00M | $0 | -$1.84B | $1.25B | $83.62M | -$109.91M |
| Stock-based compensation | $11.00M | $25.00M | $8.04M | $7.96M | $6.00M | $7.00M | $7.61M | $6.59M | $5.79M | $5.02M |
| Common dividends paid | $53.00M | $82.00M | $23.22M | $22.78M | $23.00M | $23.00M | $22.86M | $20.60M | $20.71M | $20.83M |
| Common share repurchases | Unavailable | Unavailable | $224.00K | $11.78M | $1.00M | $0 | $2.01M | $0 | $51.22M | $32.77M |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 59.8% | -20.1% | 26.0% | 30.4% | 37.2% | 32.7% | 33.7% | 51.4% | 44.0% | 31.9% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.4% | 1.7% | 1.1% | 1.0% | 0.8% | 0.8% | 0.9% | 1.0% | 0.9% | 0.9% |
| Current ratio | 0.62x | 0.39x | 0.69x | 0.56x | 0.69x | 0.57x | 0.55x | 3.52x | 1.29x | 1.48x |
| Revenue YoY growth | 215.3% | 75.0% | -17.6% | 26.1% | 25.0% | 50.9% | 40.4% | 0.4% | 15.2% | -2.4% |
| Net margin | 42.8% | Unavailable | 15.5% | 19.1% | 25.5% | Unavailable | 22.1% | 37.4% | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 22.9% | Unavailable | 22.8% | 24.1% | 20.2% | 21.6% | 22.1% | 19.2% | 20.3% | 19.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SM in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-03View SEC filing
10-Q · Filed 2025-08-01View SEC filing
10-Q · Filed 2025-05-02View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.