# SM Energy Co: financial statements, quarterly

SM · NYSE · CIK 893538 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sm.md) · [Financials](/companies/sm/financials.md) · [Filings](/companies/sm/filings.md) · [Insiders](/companies/sm/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/sm/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [641](/filings/0000893538-24-000136.md) | [609 d](/filings/0000893538-26-000032.md) | [560](/filings/0000893538-25-000040.md) | [635](/filings/0000893538-25-000113.md) | [644](/filings/0000893538-25-000138.md) | [852 d](/filings/0000893538-26-000032.md) | [845](/filings/0000893538-26-000061.md) | [793](/filings/0000893538-26-000121.md) | [812](/filings/0000893538-25-000138.md) | [705 d](/filings/0000893538-26-000032.md) | [1,479](/filings/0000893538-26-000061.md) | [2,500](/filings/0000893538-26-000121.md) |
| Cost of revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating income | $m | [196](/filings/0000893538-24-000136.md) | [310 d](/filings/0000893538-26-000032.md) | [178](/filings/0000893538-25-000040.md) | [279](/filings/0000893538-25-000113.md) | [331](/filings/0000893538-25-000138.md) | [287 d](/filings/0000893538-26-000032.md) | [276](/filings/0000893538-26-000061.md) | [295](/filings/0000893538-26-000121.md) | [246](/filings/0000893538-25-000138.md) | [182 d](/filings/0000893538-26-000032.md) | [(298)](/filings/0000893538-26-000061.md) | [1,496](/filings/0000893538-26-000121.md) |
| Interest expense | $m | [23.1](/filings/0000893538-24-000136.md) | [24.3 d](/filings/0000893538-26-000032.md) | [21.9](/filings/0000893538-25-000040.md) | [21.8](/filings/0000893538-25-000113.md) | [50.7](/filings/0000893538-25-000138.md) | [46.6 d](/filings/0000893538-26-000032.md) | [44.0](/filings/0000893538-26-000061.md) | [43.0](/filings/0000893538-26-000121.md) | [42.9](/filings/0000893538-25-000138.md) | [43.1 d](/filings/0000893538-26-000032.md) | [113](/filings/0000893538-26-000061.md) | [111](/filings/0000893538-26-000121.md) |
| Income tax | $m | [(46.0)](/filings/0000893538-24-000136.md) | [44.4 d](/filings/0000893538-26-000032.md) | [32.1](/filings/0000893538-25-000040.md) | [53.6](/filings/0000893538-25-000113.md) | [57.1](/filings/0000893538-25-000138.md) | [53.2 d](/filings/0000893538-26-000032.md) | [50.0](/filings/0000893538-26-000061.md) | [51.0](/filings/0000893538-26-000121.md) | [49.2](/filings/0000893538-25-000138.md) | [32.2 d](/filings/0000893538-26-000032.md) | [(75.0)](/filings/0000893538-26-000061.md) | [318](/filings/0000893538-26-000121.md) |
| Net income | $m | [222](/filings/0000893538-24-000136.md) | [247 d](/filings/0000893538-26-000032.md) | [131](/filings/0000893538-25-000138.md) | [210](/filings/0000893538-25-000138.md) | [241](/filings/0000893538-25-000138.md) | [188 d](/filings/0000893538-26-000032.md) | [182](/filings/0000893538-26-000121.md) | [202](/filings/0000893538-26-000121.md) | [155](/filings/0000893538-25-000138.md) | [109 d](/filings/0000893538-26-000032.md) | [(335)](/filings/0000893538-26-000121.md) | [1,071](/filings/0000893538-26-000121.md) |
| Diluted EPS | $ per share | [1.88](/filings/0000893538-24-000136.md) | not reported | [1.13](/filings/0000893538-25-000040.md) | [1.82](/filings/0000893538-25-000113.md) | [2.09](/filings/0000893538-25-000138.md) | not reported | [1.59](/filings/0000893538-26-000061.md) | [1.76](/filings/0000893538-26-000121.md) | [1.35](/filings/0000893538-25-000138.md) | not reported | [(1.68)](/filings/0000893538-26-000061.md) | [4.46](/filings/0000893538-26-000121.md) |
| Basic EPS | $ per share | [1.89](/filings/0000893538-24-000136.md) | not reported | [1.13](/filings/0000893538-25-000040.md) | [1.83](/filings/0000893538-25-000113.md) | [2.10](/filings/0000893538-25-000138.md) | not reported | [1.59](/filings/0000893538-26-000061.md) | [1.76](/filings/0000893538-26-000121.md) | [1.35](/filings/0000893538-25-000138.md) | not reported | [(1.68)](/filings/0000893538-26-000061.md) | [4.48](/filings/0000893538-26-000121.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: not reported
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [0.4](/filings/0000893538-24-000136.md) | [0.6](/filings/0000893538-25-000008.md) | [0.5](/filings/0000893538-24-000030.md) | [0.5](/filings/0000893538-25-000113.md) | [1.7](/filings/0000893538-25-000138.md) | [0.0](/filings/0000893538-26-000032.md) | [0.0](/filings/0000893538-25-000040.md) | [0.1](/filings/0000893538-25-000113.md) | [0.2](/filings/0000893538-25-000138.md) | [0.4](/filings/0000893538-26-000121.md) | [0.4](/filings/0000893538-26-000061.md) | [0.6](/filings/0000893538-26-000121.md) |
| Current assets | $bn | [0.7](/filings/0000893538-23-000108.md) | [0.9](/filings/0000893538-25-000008.md) | [0.8](/filings/0000893538-24-000030.md) | [0.8](/filings/0000893538-24-000105.md) | [2.0](/filings/0000893538-24-000136.md) | [0.4](/filings/0000893538-26-000032.md) | [0.5](/filings/0000893538-25-000040.md) | [0.6](/filings/0000893538-25-000113.md) | [0.6](/filings/0000893538-25-000138.md) | [0.8](/filings/0000893538-26-000121.md) | [1.7](/filings/0000893538-26-000061.md) | [1.9](/filings/0000893538-26-000121.md) |
| Total assets | $bn | [6.1](/filings/0000893538-23-000108.md) | [6.4](/filings/0000893538-25-000008.md) | [6.4](/filings/0000893538-24-000030.md) | [6.7](/filings/0000893538-24-000105.md) | [8.0](/filings/0000893538-24-000136.md) | [8.6](/filings/0000893538-26-000032.md) | [8.8](/filings/0000893538-25-000040.md) | [9.0](/filings/0000893538-25-000113.md) | [9.1](/filings/0000893538-25-000138.md) | [9.3](/filings/0000893538-26-000121.md) | [19.1](/filings/0000893538-26-000061.md) | [18.9](/filings/0000893538-26-000121.md) |
| Current liabilities | $bn | [0.6](/filings/0000893538-23-000108.md) | [0.6](/filings/0000893538-25-000008.md) | [0.5](/filings/0000893538-24-000030.md) | [0.6](/filings/0000893538-24-000105.md) | [0.6](/filings/0000893538-24-000136.md) | [0.8](/filings/0000893538-26-000032.md) | [0.8](/filings/0000893538-25-000040.md) | [0.8](/filings/0000893538-25-000113.md) | [1.1](/filings/0000893538-25-000138.md) | [1.2](/filings/0000893538-26-000121.md) | [4.3](/filings/0000893538-26-000061.md) | [3.1](/filings/0000893538-26-000121.md) |
| Long-term debt | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Shareholders' equity | $bn | [3.4](/filings/0000893538-24-000136.md) | [3.6](/filings/0000893538-26-000032.md) | [3.7](/filings/0000893538-25-000138.md) | [3.8](/filings/0000893538-25-000138.md) | [4.1](/filings/0000893538-25-000138.md) | [4.2](/filings/0000893538-26-000121.md) | [4.4](/filings/0000893538-26-000121.md) | [4.6](/filings/0000893538-26-000121.md) | [4.7](/filings/0000893538-25-000138.md) | [4.8](/filings/0000893538-26-000121.md) | [6.9](/filings/0000893538-26-000121.md) | [7.8](/filings/0000893538-26-000121.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: not reported
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [383 d](/filings/0000893538-24-000136.md) | [476 d](/filings/0000893538-26-000032.md) | [276](/filings/0000893538-25-000040.md) | [476 d](/filings/0000893538-25-000113.md) | [452 d](/filings/0000893538-25-000138.md) | [578 d](/filings/0000893538-26-000032.md) | [483](/filings/0000893538-26-000061.md) | [571 d](/filings/0000893538-26-000121.md) | [505 d](/filings/0000893538-25-000138.md) | [452 d](/filings/0000893538-26-000032.md) | [640](/filings/0000893538-26-000061.md) | [1,103 d](/filings/0000893538-26-000121.md) |
| Dividends paid | $m | [17.8 d](/filings/0000893538-24-000136.md) | [17.8 d](/filings/0000893538-26-000032.md) | [20.8](/filings/0000893538-25-000040.md) | [20.7 d](/filings/0000893538-25-000113.md) | [20.6 d](/filings/0000893538-25-000138.md) | [22.9 d](/filings/0000893538-26-000032.md) | [23.0](/filings/0000893538-26-000061.md) | [23.0 d](/filings/0000893538-26-000121.md) | [22.8 d](/filings/0000893538-25-000138.md) | [23.2 d](/filings/0000893538-26-000032.md) | [82.0](/filings/0000893538-26-000061.md) | [53.0 d](/filings/0000893538-26-000121.md) |
| Share repurchases | $m | [96.4 d](/filings/0000893538-24-000136.md) | [22.8 d](/filings/0000893538-26-000032.md) | [32.8](/filings/0000893538-25-000040.md) | [51.2 d](/filings/0000893538-25-000113.md) | [0.0 d](/filings/0000893538-25-000138.md) | [2.0 d](/filings/0000893538-26-000032.md) | [0.0](/filings/0000893538-25-000040.md) | [1.0 d](/filings/0000893538-26-000121.md) | [11.8 d](/filings/0000893538-25-000138.md) | [0.2 d](/filings/0000893538-26-000032.md) | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [124](/filings/0000893538-23-000108.md) | [122](/filings/0000893538-24-000030.md) | [120](/filings/0000893538-24-000105.md) | [118](/filings/0000893538-24-000136.md) | [116](/filings/0000893538-25-000040.md) | [116](/filings/0000893538-25-000113.md) | [115](/filings/0000893538-25-000138.md) | [115](/filings/0000893538-26-000061.md) | [115](/filings/0000893538-26-000121.md) | [115](/filings/0000893538-25-000138.md) | [199](/filings/0000893538-26-000061.md) | [240](/filings/0000893538-26-000121.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 237,854,068 at 2026-07-23, from the cover of the [10-Q filed 2026-08-06](/filings/0000893538-26-000121.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:27 ET. No prices; not investment advice.