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
DateValue
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