SM Energy Company (SM) Financials

Key financial figures for SM Energy Company (Q2 2026).

SM Energy Company reported revenue of $2.50 billion for Q2 FY2026, up 218.4% from the same period a year earlier. Net income was $1.07 billion, or $4.46 per share. Operating margin came to 59.84%, against 37.56% a year earlier. Free cash flow for the period was $349.0 million. Across the last 5 reported quarters, quarterly revenue has risen from $785.1 million in Q2 FY2025 to $2.50 billion in Q2 FY2026. The figures above are as filed, and the full income statement, balance sheet and cash flow history for SM Energy Company are on the SentiSense financials page.

Revenue
$2.5B
Net Income
$1.1B
EPS
$4.48
Total Assets
$18.9B
Operating Cash Flow
$1.1B

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$2.5B$1.1B$4.4659.84%$349M
Q1 FY2026$1.5B-$335M-$2.91-20.15%$85M
Q4 FY2025$718M$109M$0.950.6%-$572M
Q3 FY2025$811M$155M$1.3530.39%$101M
Q2 FY2025$785M$202M$1.7637.56%$161M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$3.2B$648M$5.6426.06%$573M
FY2024$2.7B$770M$6.6740.27%-$1.6B
FY2023$2.4B$818M$6.8641.75%$475M

Frequently asked questions

What was SM Energy Company's revenue last quarter?

SM Energy Company reported revenue of $2.50 billion for Q2 FY2026, up 218.4% from the same period a year earlier.

Is SM Energy Company profitable?

Yes. SM Energy Company reported net income of $1.07 billion for Q2 FY2026, a net margin of 42.84% on revenue.

How has SM Energy Company's margin trended?

Operating margin was 59.84% in Q2 FY2026, compared with 37.56% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did SM Energy Company generate?

SM Energy Company generated free cash flow of $349.0 million in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for SM Energy Company on SentiSense, with up to forty quarters and twenty fiscal years of history.