SM Energy (SM) Revenue (2009 - 2026)
SM Energy's (SM) quarterly Revenue came in at $1.5 billion in Q1 2026, up 75.03% year-on-year from $845.0 million in Q1 2025, and up 105.9% on a QoQ basis 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.
- On a quarterly basis, Revenue rose 75.03% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $3.8 billion, a 28.71% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 18.08% from the prior year.
- Revenue for Q1 2026 stood at $1.5 billion, up from $718.3 million in the prior quarter.
- Over the last five years, Revenue for SM reached as high as $1.5 billion in Q1 2026 and fell as low as $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.
- Across the five-year window, Revenue jumped 93.71% in 2022 and sank 44.39% in 2023, its largest moves.
- Year by year, Revenue stood at $669.2 million in 2022, then declined by 10.52% to $598.8 million in 2023, then jumped by 39.1% to $833.0 million in 2024, then decreased by 13.77% to $718.3 million in 2025, then surged by 105.9% to $1.5 billion in 2026.
- Per Business Quant data, the three most recent Revenue figures were $1.5 billion in Q1 2026, $718.3 million in Q4 2025, and $811.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 15.76 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 6.92 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.24 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 3.04 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 5.23 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 1.81 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 236.82 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 4.51 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 4.40 Bn |
| 10 | SM Energy | 6.05 Bn | 5.40 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 | 811.59 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 |
| Jun 30, 2021 | 562.57 Mn |