SM Energy (SM) Interest Expenses (2009 - 2026)

SM Energy's (SM) quarterly Interest Expenses came in at $113.0 million in Q1 2026, up 37.8% year-on-year from $82.0 million in Q1 2025, and up 1237.28% on a QoQ basis from $8.4 million in Q4 2025.

SM Energy (SM) Interest Expenses (2009 - 2026) Analysis & Trends

SM Energy (SM) has 18 years of Interest Expenses data on file, last reported at $113.0 million in Q1 2026.

  • On a quarterly basis, Interest Expenses rose 37.8% year-over-year to $113.0 million in Q1 2026; TTM through Mar 2026 was $206.9 million, a 2.55% decrease from a year earlier, with the FY2025 full-year figure at $173.0 million, up 22.7% from the prior year.
  • Interest Expenses for Q1 2026 stood at $113.0 million, up from $8.4 million in the prior quarter.
  • Over the last five years, Interest Expenses for SM reached as high as $113.0 million in Q1 2026 and fell as low as -$5.3 million in Q4 2022.
  • Historically, Interest Expenses has averaged $39.3 million across 5 years, with a median of $33.9 million in 2023.
  • Across the five-year window, Interest Expenses soared 462.4% in 2023 and slumped 85.4% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at -$5.3 million in 2022, then surged by 462.4% to $19.3 million in 2023, then jumped by 200.05% to $57.9 million in 2024, then slumped by 85.4% to $8.4 million in 2025, then surged by 1237.28% to $113.0 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $113.0 million in Q1 2026, $8.4 million in Q4 2025, and $42.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 296.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 82.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 95.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 432.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 75.45 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 2.34 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 152.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 100.00 Mn
10 SM Energy 6.05 Bn 5.40 Bn 1.05 Bn 113.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 113.00 Mn
Mar 31, 2026 113.00 Mn
Dec 31, 2025 8.45 Mn
Dec 31, 2025 8.45 Mn
Sep 30, 2025 42.94 Mn
Sep 30, 2025 42.94 Mn
Jun 30, 2025 42.56 Mn
Jun 30, 2025 42.56 Mn
Mar 31, 2025 82.00 Mn
Mar 31, 2025 82.00 Mn
Dec 31, 2024 57.87 Mn
Dec 31, 2024 57.87 Mn
Sep 30, 2024 50.68 Mn
Sep 30, 2024 50.68 Mn
Jun 30, 2024 21.81 Mn
Jun 30, 2024 21.81 Mn
Mar 31, 2024 32.99 Mn
Mar 31, 2024 32.99 Mn
Dec 31, 2023 19.29 Mn
Dec 31, 2023 19.29 Mn