SM Energy (SM) Gross Profit (2009 - 2026)
SM Energy (SM) reported Gross Profit of $1.6 billion for Q3 2026, up 173.8% from $583 million a year earlier but down 17.9% from the prior quarter.
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Analysis
SM Energy (SM) Gross Profit (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, SM Energy's Gross Profit came in at $5.09 billion, up 111.2% year-over-year; for FY2025, it came in at $2.27 billion, up 10.5% from FY2024.
- Gross Profit has a five-year compound annual growth rate of 25.3% (FY2020 to FY2025).
- By year, Gross Profit came in at $2.05 billion in FY2024 (+13.4%), $1.81 billion in FY2023 (-33.9%), $2.74 billion in FY2022 (+29.3%) and $2.12 billion in FY2021 (+187.9%).
- Five-year quarterly Gross Profit spans a low of $405.17 million in Q2 2023 and a high of $1.94 billion in Q2 2026.
- Year over year, Gross Profit has now increased in each of the last three quarters, with growth averaging 72.1% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was Q2 2026 (growth of 241.7%); the low point was Q2 2023 (a decline of 51.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.94 billion (Q2 2026), $1.05 billion (Q1 2026) and $498 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.60 Bn |
| Jun 30, 2026 | 1.94 Bn |
| Mar 31, 2026 | 1.05 Bn |
| Dec 31, 2025 | 498.00 Mn |
| Sep 30, 2025 | 583.00 Mn |
| Jun 30, 2025 | 569.00 Mn |
| Mar 31, 2025 | 620.00 Mn |
| Dec 31, 2024 | 637.34 Mn |
| Sep 30, 2024 | 495.23 Mn |
| Jun 30, 2024 | 497.93 Mn |
| Mar 31, 2024 | 422.50 Mn |
| Dec 31, 2023 | 471.04 Mn |
| Sep 30, 2023 | 502.64 Mn |
| Jun 30, 2023 | 405.17 Mn |
| Mar 31, 2023 | 431.16 Mn |
| Dec 31, 2022 | 520.65 Mn |
| Sep 30, 2022 | 675.49 Mn |
| Jun 30, 2022 | 826.51 Mn |
| Mar 31, 2022 | 715.09 Mn |
| Dec 31, 2021 | 711.68 Mn |
API Access
SM Energy Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();