SM Q3 2025 Earnings — SM Energy Company Revenue & Financial Results | Market Cap Arena

SMSM Energy Company

$3B

Q3 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$811M+26.3% YoY

Gross Profit

$257M31.6% margin

Operating Income

$246M30.4% margin

Net Income

$155M19.1% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$505M

Free Cash Flow

$101M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$4.4B

Stockholders' Equity

$4.7B

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$811M	$642M	+26.3%
Gross Profit	$257M	$291M	-11.8%
Operating Income	$246M	$331M	-25.5%
Net Income	$155M	$241M	-35.5%

Revenue Segments

E&P Segment

$812M100%

Geographic Segments

Midland Basin

$344M42%

South Texas

$235M29%

Uinta Basin

$232M29%