SM Energy Co
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $3.2B | $2.7B | $2.4B | $3.4B | $2.6B |
| Operating income | $1.0B | $1.1B | $987.0M | $1.6B | $209.1M |
| Cash from operations | $2.0B | $1.8B | $1.6B | $1.7B | $1.2B |
| Capital expenditure | — | — | — | — | $10.8M |
| Free cash flow | — | — | — | — | $1.1B |
| Share repurchases | $13.0M | $86.0M | $228.0M | $57.2M | $0 |
| Total assets | $9.3B | $8.6B | $6.4B | $5.7B | $5.2B |
Shares outstanding 239.7M · Free float 97.2%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.