SM Energy Co SM

FY2025 · ended Dec 31, 2025 · Revenue $3.14B, +17.5% YoY · Filed Feb 26, 2026

SM Energy Co (SM) files with the SEC under industry code 1311, Crude Petroleum & Natural Gas. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $3.1 billion and net income of $648.0 million.

Revenue (TTM)
$6.50B
+98.5% vs year-ago TTM
Net income (TTM)
$938.00M
+29.0% vs year-ago TTM
Operating cash flow (TTM)
$3.32B
+55.2% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$4.74
-24.7% vs year-ago TTM
Dividend per share (TTM)
$1.06
+32.5% vs year-ago TTM
Shares outstanding
238.36M
+108.2% vs prior year
Net cash
$230.00M
FY 2025
Operating margin
24.9%
FY 2026

Company profile

Industry
Crude Petroleum & Natural Gas (SIC 1311)
Listed as
SM (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Denver, CO
SEC filer status
Large accelerated filer
SEC CIK
893538
Former names
ST MARY LAND & EXPLORATION CO (until May 27, 2010)

Other Crude Petroleum & Natural Gas companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$3.1B
$2.7B
$2.4B
$3.3B
$2.6B
Operating income
$1.0B
$1.1B
$987.0M
$1.6B
$209.1M
Net income
$648.0M
$770.0M
$818.0M
$1.1B
$36.2M
Diluted EPS
$5.64
$6.67
$6.86
$8.96
$0.29
Operating cash flow
$2.0B
$1.8B
$1.6B
$1.7B
$1.2B
Total assets
$9.3B
$8.6B
$6.4B
$5.7B
$5.2B
Stockholders' equity
$4.8B
$4.2B
$3.6B
$3.1B
$2.1B
Cash and investments
$368.0M
$0
$616.2M
$445.0M
$332.7M
Total debt
$138.0M
$65.3M
$39.8M
$33.7M
$2.1B

Recent SEC filings

Recent SEC filings
Form Description Filed Period
10-Q Quarterly report Nov 4, 2026 Sep 30, 2026
8-K Current report
Results of operations
Nov 3, 2026 Nov 3, 2026
8-K Current report
Results of operations
Oct 14, 2026 Oct 14, 2026
8-K Current report
Agreement ended
Sep 4, 2026 Sep 4, 2026
10-Q Quarterly report Aug 6, 2026 Jun 30, 2026
8-K Current report
Results of operations, Regulation FD disclosure
Aug 5, 2026 Aug 5, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.