SMID
Smith-Midland Corporation
NASDAQ · Basic Materials · Construction Materials · US
$26.03
−0.91%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 89.5M | 93.4M | 78.5M | 59.6M | 50.1M |
| Cost of Revenue | 68.5M | 67.4M | 58.5M | 48.9M | 40.7M |
| Gross Profit | 21.0M | 26.0M | 20.0M | 10.7M | 9.5M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 10.2M | 9.0M | 10.1M | 9.5M | 8.6M |
| General & Admin Expense | 6.8M | 5.7M | 6.6M | 6.0M | 5.6M |
| Selling & Marketing Expense | 3.4M | 3.4M | 3.6M | 3.5M | 3.1M |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 10.2M | 9.0M | 10.1M | 9.5M | 8.6M |
| Cost and Expenses | 78.7M | 76.5M | 68.6M | 58.5M | 49.3M |
| Operating Income (EBIT) | 10.8M | 17.0M | 9.9M | 1.1M | 854.0K |
| Non-Operating | |||||
| Interest Income | 269.0K | 166.0K | 47.0K | 24.0K | 14.0K |
| Interest Expense | 221.0K | 225.0K | 231.0K | 255.0K | 260.0K |
| Net Interest Income | 48.0K | (59.0K) | (184.0K) | (231.0K) | (246.0K) |
| Other Non-Op Income/Expense | (30.0K) | 32.0K | (81.0K) | 205.0K | 91.0K |
| Non-Operating Income (excl Interest) | (70.0K) | (257.0K) | (150.0K) | (460.0K) | (351.0K) |
| EBT (Pre-Tax Income) | 10.8M | 17.0M | 9.8M | 1.3M | 945.0K |
| Income Tax Expense | 3.0M | 4.5M | 2.1M | 528.0K | 145.0K |
| Bottom Line | |||||
| Net Income | 7.7M | 12.5M | 7.7M | 795.0K | 800.0K |
| Earnings from Cont. Ops | 7.7M | 12.5M | 7.7M | 795.0K | 800.0K |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 7.7M | 12.5M | 7.7M | 795.0K | 800.0K |
| Per Share | |||||
| Basic EPS | $1.45 | $2.36 | $1.45 | $0.15 | $0.15 |
| Diluted EPS | $1.46 | $2.36 | $1.45 | $0.15 | $0.15 |
| Revenue Per Share | $16.86 | $17.61 | $14.80 | $11.33 | $9.58 |
| Shares | |||||
| Basic Shares Outstanding | 5.3M | 5.3M | 5.3M | 5.3M | 5.2M |
| Diluted Shares Outstanding | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M |
| Profitability Metrics | |||||
| EBITDA | 14.4M | 20.1M | 12.7M | 4.0M | 4.1M |
| D&A | 3.6M | 2.9M | 2.7M | 2.4M | 2.9M |
| EBIT | 10.9M | 17.3M | 10.0M | 1.6M | 1.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026