SM Energy (SM) Revenue (2009 - 2026)
SM Energy (SM) posted quarterly Revenue of $1.5 billion for Q1 2026, up 75.03% year-over-year from $845.0 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 reported Revenue for 18 consecutive years, with $1.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue rose 75.03% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $3.8 billion (up 28.71% YoY), while the FY2025 annual figure was $3.2 billion, up 18.08% from the prior year.
- Revenue grew to $1.5 billion in Q1 2026 per SM's latest filing, from $718.3 million in the prior quarter.
- Across five years, Revenue topped out at $1.5 billion in Q1 2026 and bottomed at $550.8 million in Q2 2023.
- Historically, Revenue has averaged $766.0 million across 5 years, with a median of $718.3 million in 2025.
- Annual changes were most pronounced in 2022 — Revenue soared 93.71% — and 2023, when it tumbled 44.39%.
- SM Energy's Revenue stood at $669.2 million in 2022, then slipped by 10.52% to $598.8 million in 2023, then surged by 39.1% to $833.0 million in 2024, then fell by 13.77% to $718.3 million in 2025, then soared 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 $811.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 19.52 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 12.44 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 8.62 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 5.56 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 7.42 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.59 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 8.07 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.81 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 246.06 Mn |
| 10 | SM Energy | 8.96 Bn | 8.19 Bn | 1.94 Bn | 2.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.50 Bn |
| Mar 31, 2026 | 1.48 Bn |
| Dec 31, 2025 | 718.30 Mn |
| Sep 30, 2025 | 811.59 Mn |
| Jun 30, 2025 | 792.94 Mn |
| Mar 31, 2025 | 845.00 Mn |
| Dec 31, 2024 | 832.96 Mn |
| Sep 30, 2024 | 642.38 Mn |
| Jun 30, 2024 | 633.45 Mn |
| Mar 31, 2024 | 559.60 Mn |
| Dec 31, 2023 | 598.84 Mn |
| Sep 30, 2023 | 639.70 Mn |
| Jun 30, 2023 | 550.75 Mn |
| Mar 31, 2023 | 570.78 Mn |
| Dec 31, 2022 | 669.25 Mn |
| Sep 30, 2022 | 827.56 Mn |
| Jun 30, 2022 | 990.38 Mn |
| Mar 31, 2022 | 859.78 Mn |
| Dec 31, 2021 | 877.35 Mn |
| Sep 30, 2021 | 759.81 Mn |