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SM Energy SM Financing Cash Flow

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Other financials

Income statement

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Revenue$2.5B+215%
Gross profit$1.9B+242%
Operating income$1.5B+407%
Net income$1.1B+430%
EPS (diluted)$4.46+153%

Balance sheet

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Cash & equivalents$620.0M+509%
Total debt$138.0M+111%
Total equity$7.8B+70.2%
Total assets$18.9B+110%

Cash flow

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Operating cash flow$1.1B+93.2%
CapEx$12.8M
Free cash flow$500.6M+43.7%

Valuation

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Market cap$6.96B+126%
P/E+3.2×
P/S1.3×+0.3×

Profitability

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Gross margin74.2%+0.1pp
Operating margin29.6%-8.3pp
Net margin18.2%-7.7pp
FCF margin50.1%+2.8pp

Returns & leverage

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Return on equity16.1%-3.1pp
Debt / equity0.0×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by SM Energy in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInFinancingActivities.

The source filing: SM Energy’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:55 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000893538-26-000121
Line itemFor the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Repurchase of common stock(87)(1)
Dividends paid(135)(46)
Other, net(25)2
Net cash used in financing activities(1,006)(113)
Net change in cash, cash equivalents, and restricted cash252102
Cash, cash equivalents, and restricted cash at beginning of period368
Cash, cash equivalents, and restricted cash at end of period$620$102
Supplemental schedule of additional cash flow information:

Item 1. Financial Statements (unaudited)

FAQ

What is SM Energy's financing cash flow?
SM Energy (SM) reported financing cash flow of -$1.08B in Q2 2026.
How has SM Energy's financing cash flow changed year-over-year?
SM Energy's financing cash flow decreased by 1722.0% year-over-year, from -$59M to -$1.08B.
What is the long-term trend for SM Energy's financing cash flow?
Over 4 years (2021 to 2025), SM Energy's financing cash flow has grown at a 2.3% compound annual growth rate (CAGR), from -$159.83M to -$175M.
What does financing cash flow mean?
Total net cash provided by or used in financing activities — debt issuance/repayment, equity transactions, and dividend payments.

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