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
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 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