SM Energy (SM) Net Income (2009 - 2026)
SM Energy (SM) recorded Net Income of $1.07 billion in Q2 2026, up 430.2% from $202 million a year earlier.
SM Energy (SM) Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, SM Energy's Net Income came in at $1 billion as of Jun 30, 2026, up 23.1% year-over-year; for FY2025, it came in at $648 million, down 15.8% from FY2024.
- Annual Net Income has declined for three straight years.
- Across earlier years, Net Income came in at $770 million in FY2024 (-5.9%), $818 million in FY2023 (-26.4%), $1.11 billion in FY2022 and $36.23 million in FY2021.
- The Q2 2026 figure is the highest quarterly Net Income in data going back to Q2 2009.
- On a year-over-year basis, Net Income rose in three of the last seven quarters, with growth averaging 53.1%.
- Peak year-over-year performance for Net Income in the last five years was growth of 462.2% in Q3 2022, against a decline of 53.8% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -$335 million (Q1 2026), $108.98 million (Q4 2025) and $155.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 10.81 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 12.21 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 5.48 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.92 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 3.93 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 4.84 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 3.88 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 3.48 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 4.11 Bn |
| 10 | SM Energy | 8.03 Bn | 6.43 Bn | 1.94 Bn | 1.07 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.07 Bn |
| Mar 31, 2026 | -335.00 Mn |
| Dec 31, 2025 | 108.98 Mn |
| Sep 30, 2025 | 155.09 Mn |
| Jun 30, 2025 | 202.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 187.99 Mn |
| Sep 30, 2024 | 240.52 Mn |
| Jun 30, 2024 | 210.29 Mn |
| Mar 31, 2024 | 131.20 Mn |
| Dec 31, 2023 | 247.23 Mn |
| Sep 30, 2023 | 222.34 Mn |
| Jun 30, 2023 | 149.87 Mn |
| Mar 31, 2023 | 198.55 Mn |
| Dec 31, 2022 | 258.46 Mn |
| Sep 30, 2022 | 481.24 Mn |
| Jun 30, 2022 | 323.49 Mn |
| Mar 31, 2022 | 48.76 Mn |
| Dec 31, 2021 | 424.90 Mn |
| Sep 30, 2021 | 85.59 Mn |
SM Energy Net Income 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=net-income&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();