Smith-Midland financials
$23.50−2.53%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.4M | $21.6M | $23.1M | $21.5M | $26.2M | $22.7M | $18.5M | $23.6M | $19.6M | $16.8M | $16.4M | $15.7M |
| Gross profit | $5.4M | $4.3M | $5.5M | $5.8M | $7.8M | $7.0M | $4.4M | $6.6M | $5.1M | $3.9M | $3.1M | $3.6M |
| Gross margin | 23.2% | 19.9% | 23.9% | 26.8% | 29.7% | 30.7% | 23.7% | 27.9% | 26.1% | 23.3% | 19.1% | 22.9% |
| Operating income | $2.0M | $1.7M | $3.2M | $3.9M | $5.5M | $4.4M | $1.9M | $3.8M | $2.7M | $1.5M | $542.0K | $1.5M |
| Net income | $1.4M | $1.3M | $2.1M | $2.9M | $4.2M | $3.3M | $1.4M | $3.1M | $2.0M | $1.1M | $230.0K | $1.3M |
| Net margin | 5.9% | 6.2% | 9.2% | 13.4% | 15.9% | 14.7% | 7.5% | 13.4% | 10.1% | 6.8% | 1.4% | 8.1% |
| Diluted EPS | $0.26 | $0.25 | $0.40 | $0.54 | $0.79 | $0.62 | $0.27 | $0.59 | $0.37 | $0.21 | $0.04 | $0.24 |
| EBITDA | $3.0M | $2.7M | $4.2M | $4.5M | $6.1M | $5.1M | $2.5M | $4.5M | $3.7M | $1.8M | $800.0K | $2.1M |
| Operating cash flow | -$485.0K | $3.1M | $2.6M | $9.3M | $183.0K | $2.2M | -$645.0K | $3.9M | $2.7M | -$777.0K | $4.3M | $2.4M |
| Free cash flow | -$2.4M | $1.5M | -$1.4M | $6.4M | -$1.7M | $1.6M | -$1.3M | $1.8M | $998.0K | -$2.6M | $3.4M | $1.2M |
| Diluted shares | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M | 5.2M | 5.3M | 5.3M | 5.4M | 5.3M | 5.3M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $10.7M | $13.2M | $11.9M | $13.4M | $7.1M | $9.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $4.1M | $4.3M | $4.4M | $4.6M | $4.8M | $4.9M |
| Total assets | $86.7M | $92.2M | $87.7M | $85.4M | $81.2M | $74.7M |
| Total liabilities | $29.7M | $36.5M | $33.4M | $33.3M | $31.9M | $29.6M |
| Shareholders' equity | $57.0M | $55.7M | $54.3M | $52.1M | $49.2M | $45.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology