SM Energy (SM) Gross Profit (2009 - 2026)
SM Energy (SM) reported Gross Profit of $1.1 billion for Q1 2026, up 70.89% year-over-year from $615.0 million in Q1 2025, and up 105.51% quarter-over-quarter from $511.4 million in Q4 2025.
SM Energy (SM) Gross Profit (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Gross Profit data on file, last reported at $1.1 billion in Q1 2026.
- Gross Profit for Q1 2026 came in at $1.1 billion, up 70.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.7 billion (up 20.83% YoY), and the FY2025 annual result was $2.3 billion, up 10.52% from the prior year.
- Gross Profit improved to $1.1 billion in Q1 2026 per SM's latest filing, from $511.4 million in the prior quarter.
- Over five years, Gross Profit peaked at $1.1 billion in Q1 2026 and troughed at $405.2 million in Q2 2023.
- A 5-year average of $583.7 million and a median of $518.6 million in 2022 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit soared 108.53% in 2022, then slumped 50.98% in 2023.
- A 5-year view of Gross Profit shows it stood at $518.6 million in 2022, then fell by 9.53% to $469.2 million in 2023, then jumped by 35.84% to $637.3 million in 2024, then decreased by 19.76% to $511.4 million in 2025, then surged by 105.51% to $1.1 billion in 2026.
- Business Quant data shows SM's Gross Profit at $1.1 billion in Q1 2026, $511.4 million in Q4 2025, and $582.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.05 Bn |
| Mar 31, 2026 | 1.05 Bn |
| Dec 31, 2025 | 511.41 Mn |
| Dec 31, 2025 | 511.41 Mn |
| Sep 30, 2025 | 581.97 Mn |
| Sep 30, 2025 | 581.97 Mn |
| Jun 30, 2025 | 568.94 Mn |
| Jun 30, 2025 | 568.94 Mn |
| Mar 31, 2025 | 615.00 Mn |
| Mar 31, 2025 | 615.00 Mn |
| Dec 31, 2024 | 637.34 Mn |
| Dec 31, 2024 | 637.34 Mn |
| Sep 30, 2024 | 495.23 Mn |
| Sep 30, 2024 | 495.23 Mn |
| Jun 30, 2024 | 497.93 Mn |
| Jun 30, 2024 | 497.93 Mn |
| Mar 31, 2024 | 422.22 Mn |
| Mar 31, 2024 | 422.22 Mn |
| Dec 31, 2023 | 469.17 Mn |
| Dec 31, 2023 | 469.17 Mn |