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SM Energy SM Business Segments — Other non-operating income, net

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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:OtherNonoperatingIncomeExpense.

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 Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
General and administrative794225381
Net derivative (gain) loss(272)(78)425(61)
Other operating expense282487
Interest expense1114322487
Interest income (1)(4)(8)
Other non-operating expense3
Income tax expense31851243101
E&P Segment net income (2)$1,071$202$736$384

Item 1. Financial Statements (unaudited)

FAQ

What is SM Energy's business segments — other non-operating income, net?
SM Energy (SM) reported business segments — other non-operating income, net of $0 in Q2 2026.
What is the long-term trend for SM Energy's business segments — other non-operating income, net?
Over 3 years (2022 to 2025), SM Energy's business segments — other non-operating income, net has grown at a -67.2% compound annual growth rate (CAGR), from $1.53M to -$54K.
What does business segments — other non-operating income, net mean?
Includes gains or losses from non-core activities such as asset sales, litigation settlements, or other incidental income not related to primary exploration and production operations. This metric helps isolate the impact of non-recurring items on the segment's bottom line.

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