SM Energy (SM) Revenue (2009 - 2026)
SM Energy (SM) reported Revenue of $1.5 billion for Q1 2026, up 76.07% year-over-year from $840.0 million in Q1 2025, and up 105.9% quarter-over-quarter from $718.3 million in Q4 2025.
SM Energy (SM) Revenue (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Revenue data on file, last reported at $1.5 billion in Q1 2026.
- Revenue for Q1 2026 came in at $1.5 billion, up 76.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.8 billion (up 27.98% YoY), and the FY2025 annual result was $3.2 billion, up 17.25% from the prior year.
- Revenue climbed to $1.5 billion in Q1 2026 per SM's latest filing, from $718.3 million in the prior quarter.
- Over five years, Revenue peaked at $1.5 billion in Q1 2026 and troughed at $550.8 million in Q2 2023.
- A 5-year average of $768.1 million and a median of $718.3 million in 2025 frame the typical range for Revenue.
- The sharpest annual moves came in 2022 and 2023: Revenue soared 93.71% in 2022, then sank 44.49% in 2023.
- A 5-year view of Revenue shows it stood at $669.2 million in 2022, then fell by 9.31% to $607.0 million in 2023, then jumped by 40.36% to $852.0 million in 2024, then declined by 15.69% to $718.3 million in 2025, then surged by 105.9% to $1.5 billion in 2026.
- Business Quant data shows SM's Revenue at $1.5 billion in Q1 2026, $718.3 million in Q4 2025, and $811.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 7.88 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 15.76 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 6.92 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 5.23 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 4.24 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 865.01 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 3.38 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 374.32 Mn |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn | 1.48 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.48 Bn |
| Dec 31, 2025 | 718.30 Mn |
| Sep 30, 2025 | 811.01 Mn |
| Jun 30, 2025 | 792.94 Mn |
| Mar 31, 2025 | 840.00 Mn |
| Dec 31, 2024 | 851.96 Mn |
| Sep 30, 2024 | 643.61 Mn |
| Jun 30, 2024 | 634.56 Mn |
| Mar 31, 2024 | 559.60 Mn |
| Dec 31, 2023 | 606.97 Mn |
| Sep 30, 2023 | 639.70 Mn |
| Jun 30, 2023 | 550.75 Mn |
| Mar 31, 2023 | 573.51 Mn |
| Dec 31, 2022 | 669.25 Mn |
| Sep 30, 2022 | 835.45 Mn |
| Jun 30, 2022 | 992.10 Mn |
| Mar 31, 2022 | 859.78 Mn |
| Dec 31, 2021 | 854.96 Mn |
| Sep 30, 2021 | 759.81 Mn |
| Jun 30, 2021 | 563.85 Mn |