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

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

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

Total operating revenues and other income

3,979,000,000 US dollars

Cost of revenue (calculated)

984,000,000 US dollars

Gross profit (calculated)

2,995,000,000 US dollars

Operating expenses (calculated)

1,797,000,000 US dollars

Income from operations

1,198,000,000 US dollars

Other income (expense), net (calculated)

negative 219,000,000 US dollars

Income before income taxes

979,000,000 US dollars

Income tax expense

243,000,000 US dollars

E&P Segment net income (2)

736,000,000 US dollars

Oil, gas, and NGL production revenue

3,633,000,000 US dollars

Gain on divestiture activity

262,000,000 US dollars

Other operating income

84,000,000 US dollars

Oil, gas, and NGL production expense

984,000,000 US dollars

Depletion, depreciation, and amortization

1,024,000,000 US dollars

Exploration

47,000,000 US dollars

General and administrative

253,000,000 US dollars

Net derivative (gain) loss

425,000,000 US dollars

Other operating expense

48,000,000 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.