SM Energy (SM) Gross Profit (2009 - 2026)

SM Energy's (SM) quarterly Gross Profit came in at $1.1 billion in Q1 2026, up 69.52% year-on-year from $620.0 million in Q1 2025, and up 105.51% on a QoQ basis 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.

  • On a quarterly basis, Gross Profit rose 69.52% year-over-year to $1.1 billion in Q1 2026; TTM through Mar 2026 was $2.7 billion, a 21.75% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 11.55% from the prior year.
  • Gross Profit for Q1 2026 stood at $1.1 billion, up from $511.4 million in the prior quarter.
  • Over the last five years, Gross Profit for SM reached as high as $1.1 billion in Q1 2026 and fell as low as $405.2 million in Q2 2023.
  • Historically, Gross Profit has averaged $581.6 million across 5 years, with a median of $518.6 million in 2022.
  • Across the five-year window, Gross Profit jumped 108.53% in 2022 and tumbled 50.88% in 2023, its largest moves.
  • Year by year, Gross Profit stood at $518.6 million in 2022, then fell by 11.1% to $461.0 million in 2023, then jumped by 34.12% to $618.3 million in 2024, then slipped by 17.29% to $511.4 million in 2025, then surged by 105.51% to $1.1 billion in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were $1.1 billion in Q1 2026, $511.4 million in Q4 2025, and $582.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn
2 Eog Resources 74.61 Bn 70.76 Bn -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn
10 SM Energy 6.05 Bn 5.40 Bn 1.05 Bn

Historic Data

Download Data
DateValue
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 582.56 Mn
Sep 30, 2025 582.56 Mn
Jun 30, 2025 568.94 Mn
Jun 30, 2025 568.94 Mn
Mar 31, 2025 620.00 Mn
Mar 31, 2025 620.00 Mn
Dec 31, 2024 618.34 Mn
Dec 31, 2024 618.34 Mn
Sep 30, 2024 494.00 Mn
Sep 30, 2024 494.00 Mn
Jun 30, 2024 496.83 Mn
Jun 30, 2024 496.83 Mn
Mar 31, 2024 422.22 Mn
Mar 31, 2024 422.22 Mn
Dec 31, 2023 461.04 Mn
Dec 31, 2023 461.04 Mn