What is SM Energy's deferred taxes?

SM Energy (SM) reported deferred taxes of -$85M in Q1 2026.

How has SM Energy's deferred taxes changed year-over-year?

SM Energy's deferred taxes decreased by 426.9% year-over-year, from $26M to -$85M.

What is the long-term trend for SM Energy's deferred taxes?

Over 4 years (2021 to 2025), SM Energy's deferred taxes has grown at a 107.6% compound annual growth rate (CAGR), from $9.57M to $177.74M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

SM Energy SM Deferred Taxes

Deferred Taxes at other companies

EOG ResourcesEOG

$18M-59.1%

Devon EnergyDVN

$234M+471%

FAN

Diamondback EnergyFANG

-$242M-4,133%

Antero ResourcesAR

$143.82M+169%

Range ResourcesRRC

$85.73M+702%

Chord EnergyCHRD

——

Segments

By segment

See full

E&P Segment-$75M-250%

Other financials

Income statement

See full

Revenue$1.5B+75.0%

Gross profit$1.1B+69.5%

Operating income-$298.0M-208%

Net income-$335.0M-284%

EPS (diluted)-$1.68-206%

Balance sheet

See full

Cash & equivalents$449.0M+831,381%

Total debt$138.0M+111%

Total equity$6.9B+55.9%

Total assets$19.1B+118%

Cash flow

See full

Operating cash flow$640.0M+32.5%

CapEx$12.8M—

Free cash flow$500.6M+43.7%

Valuation

See full

Market cap$6.51B+117%

P/E49.8×+46.1×

P/S1.7×+0.7×

Profitability

See full

Gross margin71.3%-4.4pp

Operating margin11.2%-28.2pp

Net margin3.5%-24.1pp

FCF margin50.1%+2.8pp

Returns & leverage

See full

Return on equity2.3%-17.9pp

Debt / equity0×0.0×

Current ratio0.4×-0.2×

Where this comes from

Reported directly by SM Energy in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

The official record: SM Energy’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about SM Energy's deferred taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is SM Energy's deferred taxes?: SM Energy (SM) reported deferred taxes of -$85M in Q1 2026.
How has SM Energy's deferred taxes changed year-over-year?: SM Energy's deferred taxes decreased by 426.9% year-over-year, from $26M to -$85M.
What is the long-term trend for SM Energy's deferred taxes?: Over 4 years (2021 to 2025), SM Energy's deferred taxes has grown at a 107.6% compound annual growth rate (CAGR), from $9.57M to $177.74M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.