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
| 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 |
All 1000 SM Energy Co SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.