The Tip Desk

SM Energy Co

Financial highlights

Amounts in billions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$3.2$2.7$2.4$3.4$2.6
Operating income$1.0$1.1$1.0$1.6$0.2
Net income$0.6$0.8$0.8$1.1$<0.1
Cash Flow Statement
Free cash flow————$1.1
Dividends$0.1$0.1$0.1$<0.1$<0.1
Share repurchases$<0.1$0.1$0.2$0.1$0.0

Shares outstanding 237.9M · Free float 97.2%

Annual filing data through FY ended December 31, 2025; float as of September 22, 2026.

Earnings

Other Coverage