# SM ENERGY CO (SM) FY2026 Q2 P&L / Income Statement

- Company: SM ENERGY CO (SM)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-06, accession number 0000893538-26-000121
- Page: https://plicit.ai/financials/sm/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/sm-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues and other income**: 2,500,000,000 US dollars
- **Cost of revenue (calculated)**: 556,000,000 US dollars
- **Gross profit (calculated)**: 1,944,000,000 US dollars
- **Operating expenses (calculated)**: 448,000,000 US dollars
- **Income from operations**: 1,496,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 107,000,000 US dollars
- **Income before income taxes**: 1,389,000,000 US dollars
- **Income tax expense**: 318,000,000 US dollars
- **E&P Segment net income (2)**: 1,071,000,000 US dollars
- **Oil, gas, and NGL production revenue**: 2,156,000,000 US dollars
- **Gain on divestiture activity**: 262,000,000 US dollars
- **Other operating income**: 82,000,000 US dollars
- **Oil, gas, and NGL production expense**: 556,000,000 US dollars
- **Depletion, depreciation, and amortization**: 592,000,000 US dollars
- **Exploration**: 21,000,000 US dollars
- **General and administrative**: 79,000,000 US dollars
- **Net derivative (gain) loss**: negative 272,000,000 US dollars
- **Other operating expense**: 28,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.