SM Energy Company (SM)

NYSE: SM · Crude Petroleum & Natural Gas · Denver, CO · filing with the SEC since 1996

Grade5.3

◀ Past 4.1● Present 5.6▶ Future 6.8

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 26, 2026	Feb 20, 2025	Feb 22, 2024	Feb 23, 2023	Feb 25, 2022	Feb 18, 2021	Feb 20, 2020	Feb 21, 2019	Feb 21, 2018	Feb 23, 2017
Revenue	3,154,000	2,690,000^r	2,374,000^r	3,358,647	2,622,894	1,126,673	1,590,105	2,067,072	1,129,376	1,217,450
Cost of revenue	885,000	637,000^r	564,000^r	620,912	505,416	391,217	500,709	487,367	507,906	·
General and administrative	161,000	138,000^r	121,000^r	114,558	111,945	99,160	132,797	116,504	117,283^r	126,428
Total costs and expenses	2,154,000	1,615,000^r	1,387,000^r	1,779,166	2,413,771	2,195,623	1,660,073	1,230,735	1,293,097^r	2,276,765
Operating income	1,000,000	1,076,000^r	987,000^r	1,579,481	209,123	-1,068,950	-69,968	836,337	-163,721^r	-1,059,315
Interest expense	173,000	141,000^r	92,000^r	120,346	160,353	163,892	159,102	160,906	179,257	158,685
Other income (expense), net	0	-1,000^r	-1,000^r	-1,534^r	-2,180^r	-3,944	-1,974	3,086	-800^r	362
Income before income taxes	830,000	966,000^r	914,000^r	1,395,770	46,167	-956,705	-231,044	651,777	-343,813	-1,201,916
Income tax expense	182,000	196,000^r	96,000^r	283,818	9,938	-192,091	-44,043	143,370	-182,970	-444,172
Net income including non-controlling interests	·	·	·	·	·	·	·	·	·	-757,744
Net income	648,000	770,000^r	818,000^r	1,111,952	36,229	-764,614	-187,001	508,407	-160,843	-757,744
Earnings per share, basic	5.65	6.71	6.89	9.09	0.30	-6.72	-1.66	4.54	-1.44	-9.90
Earnings per share, diluted	5.64	6.67	6.86	8.96	0.29	-6.72	-1.66	4.48	-1.44	-9.90
Weighted average shares, basic	115,000	115,000^r	119,000^r	122,351	119,043	113,730	112,544	111,912	111,428	76,568
Weighted average shares, diluted	115,000	116,000^r	119,000^r	124,084	123,690	113,730	112,544	113,502	111,428	76,568

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
us-gaap:CostOfGoodsAndServicesSold

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton SM · research, not advice