SMID SMITH MIDLAND CORP revenue, earnings and financials

For the quarter ended June 30, 2026, SMITH MIDLAND CORP reported revenue of $23.4M (down 10.8% from a year earlier), net income of $1.38M and diluted EPS of $0.26; over the last four quarters revenue was $89.5M and net income $7.73M; for the fiscal year ended December 2025 revenue was $93.4M, up 19.0% on the year before.

SMID annual revenue and earnings

• Fiscal year ended Dec 2025: revenue $93.4M, gross profit $26.0M, operating income $17.0M, net income $12.5M (margin 13.4%), EPS $2.36
• Fiscal year ended Dec 2024: revenue $78.5M, gross profit $20.0M, operating income $9.90M, net income $7.68M (margin 9.8%), EPS $1.45
• Fiscal year ended Dec 2023: revenue $59.6M, gross profit $10.7M, operating income $1.12M, net income $795K (margin 1.3%), EPS $0.15
• Fiscal year ended Dec 2022: revenue $50.1M, gross profit $9.47M, operating income $854K, net income $800K (margin 1.6%), EPS $0.15
• Fiscal year ended Dec 2021: revenue $50.6M, gross profit $14.4M, operating income $6.17M, net income $7.57M (margin 14.9%), EPS $1.45

SMID quarterly revenue and earnings

• Quarter ended Jun 30, 2026: revenue $23.4M (down 10.8% year over year), net income $1.38M, EPS $0.26
• Quarter ended Mar 31, 2026: revenue $21.6M (down 5.0% year over year), net income $1.34M, EPS $0.25
• Quarter ended Dec 31, 2025 (from the annual report): revenue $23.1M (up 24.7% year over year), net income $2.13M, EPS $0.41
• Quarter ended Sep 30, 2025: revenue $21.5M (down 9.0% year over year), net income $2.88M, EPS $0.54
• Quarter ended Jun 30, 2025: revenue $26.2M (up 33.3% year over year), net income $4.17M, EPS $0.79
• Quarter ended Mar 31, 2025: revenue $22.7M (up 35.5% year over year), net income $3.33M, EPS $0.62
• Quarter ended Dec 31, 2024 (from the annual report): revenue $18.5M (up 13.1% year over year), net income $1.40M, EPS $0.28
• Quarter ended Sep 30, 2024: revenue $23.6M (up 50.7% year over year), net income $3.15M, EPS $0.59
• Quarter ended Jun 30, 2024: revenue $19.6M (up 33.6% year over year), net income $1.98M, EPS $0.37
• Quarter ended Mar 31, 2024: revenue $16.8M (up 30.5% year over year), net income $1.15M, EPS $0.21
• Quarter ended Dec 31, 2023 (from the annual report): revenue $16.4M (up 13.1% year over year), net income $231K, EPS n/a
• Quarter ended Sep 30, 2023: revenue $15.7M (up 30.9% year over year), net income $1.27M, EPS n/a
• Quarter ended Jun 30, 2023: revenue $14.7M (up 10.9% year over year), net income −$782K, EPS −$0.15
• Quarter ended Mar 31, 2023: revenue $12.8M (up 23.1% year over year), net income $80.0K, EPS $0.02
• Quarter ended Dec 31, 2022 (from the annual report): revenue $14.5M (up 44.6% year over year), net income $4.00K, EPS $0.00
• Quarter ended Sep 30, 2022: revenue $12.0M (down 8.7% year over year), net income $5.00K, EPS $0.00
• Quarter ended Jun 30, 2022: revenue $13.3M (up 7.7% year over year), net income $910K, EPS $0.17
• Quarter ended Mar 31, 2022: revenue $10.4M (down 31.4% year over year), net income −$119K, EPS −$0.02
• Quarter ended Dec 31, 2021 (from the annual report): revenue $10.0M, net income $24.0K, EPS $0.00
• Quarter ended Sep 30, 2021: revenue $13.1M, net income $3.69M, EPS $0.71

SMID cash flow, buybacks and dividends

• Fiscal year ended Dec 2025: operating cash flow $14.3M, share buybacks n/a
• Fiscal year ended Dec 2024: operating cash flow $5.16M, share buybacks n/a
• Fiscal year ended Dec 2023: operating cash flow $7.73M, share buybacks n/a
• Fiscal year ended Dec 2022: operating cash flow −$6.33M, share buybacks n/a
• Fiscal year ended Dec 2021: operating cash flow $9.13M, share buybacks n/a

SMID balance sheet

• Jun 30, 2026: cash n/a, total assets $86.7M, total liabilities $29.7M, shareholders' equity $57.0M
• Mar 31, 2026: cash n/a, total assets $92.2M, total liabilities $36.5M, shareholders' equity $55.7M
• Dec 31, 2025: cash n/a, total assets $87.7M, total liabilities $33.4M, shareholders' equity $54.3M
• Sep 30, 2025: cash n/a, total assets $85.4M, total liabilities $33.3M, shareholders' equity $52.1M
• Jun 30, 2025: cash n/a, total assets $81.2K, total liabilities $31.9K, shareholders' equity $49.2M
• Mar 31, 2025: cash n/a, total assets $74.7M, total liabilities $29.6M, shareholders' equity $45.1M
• Dec 31, 2024: cash n/a, total assets $68.0M, total liabilities $26.3M, shareholders' equity $41.7M
• Sep 30, 2024: cash n/a, total assets $66.6M, total liabilities $26.3M, shareholders' equity $40.3M

What is SMID's revenue?

SMITH MIDLAND CORP reported $89.5M of revenue over its last four quarters, through June 30, 2026.

Is SMID profitable?

Yes. SMITH MIDLAND CORP earned $7.73M over the last four quarters.

What is SMID's EPS?

Diluted earnings per share over the last four quarters were $1.46; $0.26 in the latest quarter.

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