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Side-by-side financial comparison of SM Energy Co (SM) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $688.9M, roughly 1.0× Trade Desk (The)). On growth, Trade Desk (The) posted the faster year-over-year revenue change (11.9% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs 8.6%).
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
SM vs TTD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $704.9M | $688.9M |
| Net Profit | — | $40.0M |
| Gross Margin | — | — |
| Operating Margin | 25.9% | 9.7% |
| Net Margin | — | 5.8% |
| Revenue YoY | -17.3% | 11.9% |
| Net Profit YoY | — | -21.6% |
| EPS (diluted) | $0.94 | $0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $688.9M | ||
| Q4 25 | $704.9M | $846.8M | ||
| Q3 25 | $811.6M | $739.4M | ||
| Q2 25 | $792.9M | $694.0M | ||
| Q1 25 | $844.5M | $616.0M | ||
| Q4 24 | $852.0M | $741.0M | ||
| Q3 24 | $643.6M | $628.0M | ||
| Q2 24 | $634.6M | $584.5M |
| Q1 26 | — | $40.0M | ||
| Q4 25 | — | $186.9M | ||
| Q3 25 | $155.1M | $115.5M | ||
| Q2 25 | $201.7M | $90.1M | ||
| Q1 25 | $182.3M | $50.7M | ||
| Q4 24 | — | $182.2M | ||
| Q3 24 | $240.5M | $94.2M | ||
| Q2 24 | $210.3M | $85.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 78.1% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 80.5% | ||
| Q2 24 | — | 81.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | 25.9% | 30.3% | ||
| Q3 25 | 30.4% | 21.8% | ||
| Q2 25 | 37.2% | 16.8% | ||
| Q1 25 | 32.7% | 8.8% | ||
| Q4 24 | 33.7% | 26.4% | ||
| Q3 24 | 51.4% | 17.3% | ||
| Q2 24 | 44.0% | 16.2% |
| Q1 26 | — | 5.8% | ||
| Q4 25 | — | 22.1% | ||
| Q3 25 | 19.1% | 15.6% | ||
| Q2 25 | 25.4% | 13.0% | ||
| Q1 25 | 21.6% | 8.2% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | 37.4% | 15.0% | ||
| Q2 24 | 33.1% | 14.5% |
| Q1 26 | — | $0.08 | ||
| Q4 25 | $0.94 | $0.39 | ||
| Q3 25 | $1.35 | $0.23 | ||
| Q2 25 | $1.76 | $0.18 | ||
| Q1 25 | $1.59 | $0.10 | ||
| Q4 24 | $1.63 | $0.36 | ||
| Q3 24 | $2.09 | $0.19 | ||
| Q2 24 | $1.82 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $368.0M | $878.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.8B | $2.5B |
| Total Assets | $9.3B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $878.4M | ||
| Q4 25 | $368.0M | $1.3B | ||
| Q3 25 | $162.3M | $1.4B | ||
| Q2 25 | $101.9M | $1.7B | ||
| Q1 25 | $54.0K | $1.7B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $1.7B | $1.7B | ||
| Q2 24 | $487.9M | $1.5B |
| Q1 26 | — | $2.5B | ||
| Q4 25 | $4.8B | $2.5B | ||
| Q3 25 | $4.7B | $2.6B | ||
| Q2 25 | $4.6B | $2.7B | ||
| Q1 25 | $4.4B | $2.7B | ||
| Q4 24 | $4.2B | $2.9B | ||
| Q3 24 | $4.1B | $2.6B | ||
| Q2 24 | $3.8B | $2.4B |
| Q1 26 | — | $5.7B | ||
| Q4 25 | $9.3B | $6.2B | ||
| Q3 25 | $9.1B | $5.9B | ||
| Q2 25 | $9.0B | $6.0B | ||
| Q1 25 | $8.8B | $5.7B | ||
| Q4 24 | $8.6B | $6.1B | ||
| Q3 24 | $8.0B | $5.5B | ||
| Q2 24 | $6.7B | $5.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $451.9M | $391.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 9.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $391.8M | ||
| Q4 25 | $451.9M | $311.6M | ||
| Q3 25 | $505.0M | $224.7M | ||
| Q2 25 | $571.1M | $165.0M | ||
| Q1 25 | $483.0M | $291.4M | ||
| Q4 24 | $578.4M | $199.4M | ||
| Q3 24 | $452.3M | $273.3M | ||
| Q2 24 | $476.4M | $81.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $285.3M | ||
| Q3 25 | — | $158.3M | ||
| Q2 25 | — | $119.8M | ||
| Q1 25 | — | $232.3M | ||
| Q4 24 | — | $179.2M | ||
| Q3 24 | — | $224.6M | ||
| Q2 24 | — | $59.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 33.7% | ||
| Q3 25 | — | 21.4% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 37.7% | ||
| Q4 24 | — | 24.2% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 10.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | 9.6% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 3.8% |
| Q1 26 | — | 9.80× | ||
| Q4 25 | — | 1.67× | ||
| Q3 25 | 3.26× | 1.94× | ||
| Q2 25 | 2.83× | 1.83× | ||
| Q1 25 | 2.65× | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | 1.88× | 2.90× | ||
| Q2 24 | 2.27× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
