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

- Company: SM ENERGY CO (SM)
- Period: 2026-01-01 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/sm-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.