# SM Energy Company (SM) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | $1.00B |
| 2024 | $1.08B |
| 2023 | $987M |
| 2022 | $1.58B |
| 2021 | $209M |
| 2020 | -$1.07B |
| 2019 | -$70M |
| 2018 | $836M |
| 2017 | -$164M |
| 2016 | -$1.06B |
| 2015 | -$579M |
| 2014 | $1.17B |
| 2013 | $368M |
| 2012 | -$20M |
| 2011 | $384M |
| 2010 | $339M |
| 2009 | -$131M |
| 2008 | $171M |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2026-03-31 | -$298M |
| 2025-09-30 | $246M |
| 2025-06-30 | $295M |
| 2025-03-31 | $276M |
| 2024-09-30 | $331M |
| 2024-06-30 | $279M |
| 2024-03-31 | $178M |
| 2023-09-30 | $196M |
| 2023-06-30 | $209M |
| 2023-03-31 | $272M |
| 2022-09-30 | $622M |
| 2022-06-30 | $513M |
| 2022-03-31 | $102M |
| 2021-09-30 | $126M |
| 2021-06-30 | -$181M |
| 2021-03-31 | -$211M |
| 2020-09-30 | -$103M |
| 2020-06-30 | -$313M |
| 2020-03-31 | -$481M |
| 2019-09-30 | $99M |
| 2019-06-30 | $104M |
| 2019-03-31 | -$185M |
| 2018-09-30 | -$109M |
| 2018-06-30 | $56M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/SM/operating-income)