SM Energy (SM) Retained Earnings (2009 - 2026)

SM Energy's (SM) quarterly Retained Earnings came in at $1.0 million in Q1 2026, down 99.97% year-on-year from $2.9 billion in Q1 2025, and down 99.97% on a QoQ basis from $3.3 billion in Q4 2025.

SM Energy (SM) Retained Earnings (2009 - 2026) Analysis & Trends

SM Energy (SM) has 18 years of Retained Earnings data on file, last reported at $1.0 million in Q1 2026.

  • On a quarterly basis, Retained Earnings fell 99.97% year-over-year to $1.0 million in Q1 2026; TTM through Mar 2026 was $1.0 million, a 99.97% decrease from a year earlier, with the FY2025 full-year figure at $3.3 billion, up 329200.0% from the prior year.
  • Retained Earnings for Q1 2026 stood at $1.0 million, down from $3.3 billion in the prior quarter.
  • Over the last five years, Retained Earnings for SM reached as high as $3.3 billion in Q4 2025 and fell as low as -$12.7 million in Q1 2022.
  • Historically, Retained Earnings has averaged $878.4 million across 5 years, with a median of -$1.0 million in 2024.
  • Across the five-year window, Retained Earnings sank 101.71% in 2022 and jumped 329200.0% in 2025, its largest moves.
  • Year by year, Retained Earnings stood at -$4.0 million in 2022, then soared by 51126.33% to $2.1 billion in 2023, then sank by 100.05% to -$1.0 million in 2024, then soared by 329200.0% to $3.3 billion in 2025, then slumped by 99.97% to $1.0 million in 2026.
  • Per Business Quant data, the three most recent Retained Earnings figures were $1.0 million in Q1 2026, $3.3 billion in Q4 2025, and -$1.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 70.02 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - -6.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 4.47 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 6.38 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 21.08 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 5.73 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 3.79 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -121.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 5.79 Bn
10 SM Energy 6.05 Bn 5.40 Bn 1.05 Bn 1.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.00 Mn
Dec 31, 2025 3.29 Bn
Sep 30, 2025 -1.12 Mn
Jun 30, 2025 -1.14 Mn
Mar 31, 2025 2.89 Bn
Dec 31, 2024 -1.00 Mn
Sep 30, 2024 -2.48 Mn
Jun 30, 2024 2.35 Bn
Mar 31, 2024 -2.60 Mn
Dec 31, 2023 2.05 Bn
Sep 30, 2023 1.83 Bn
Jun 30, 2023 -4.00 Mn
Mar 31, 2023 1.49 Bn
Dec 31, 2022 -4.02 Mn
Sep 30, 2022 1.07 Bn
Jun 30, 2022 -12.49 Mn
Mar 31, 2022 -12.67 Mn
Dec 31, 2021 234.53 Mn
Sep 30, 2021 -190.37 Mn
Jun 30, 2021 -274.75 Mn