Short answer
SM Energy Co (SM) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $2.5B (up 215.3% year over year) with net income of $1.1B.
Q2 2026 key financials · XBRL
- Revenue
- $2.5B
- +215.3% YoY · +69.0% QoQ
- Net income
- $1.1B
- +431.1% YoY · +419.7% QoQ
- Operating margin
- 59.8%
- EPS (diluted)
- $5.02
- +186.9% YoY · +398.8% QoQ
Source: XBRL data from the SM Energy Co (SM) Q2 2026 10-Q on SEC EDGAR. USD.
SM Energy Co Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- South Texas Divestiture completed April 30, generating $896 million net cash proceeds
- Merger issued 124 million shares, representing 52% of post-closing shares; stock consideration valued at $2.4 billion
- Near-term focus on post-Merger integration, free cash flow maximization, and balance-sheet strengthening
- Divestiture proceeds enabled debt reduction and capital-structure strengthening
Risk Factors
- No material risk-factor changes from the 2025 Form 10-K
- Carried-forward regulatory and legal risks unchanged from the 2025 Form 10-K
- Carried-forward operational and commodity-market risks unchanged from the 2025 Form 10-K
- Carried-forward liquidity and debt risks unchanged from the 2025 Form 10-K
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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