SMITH MIDLAND CORP Financial Summary

Quick Answer

SMITH MIDLAND CORP reported Total Revenue of $78.51 million for fiscal year 2024.

SMITH MIDLAND CORP — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $78.51M
+31.8%
$59.58M
+18.8%
$50.13M
-1.0%
$50.64M
+15.5%
$43.86M
-6.1%
$46.69M
+16.1%
Net Income $7.67M
+865.4%
$795.0K
-0.6%
$800.0K
-89.4%
$7.57M
+184.1%
$2.67M
+36.7%
$1.95M
+15.5%
Diluted EPS
Total Assets $67.99M
+10.8%
$61.35M
+13.0%
$54.31M
+1.9%
$53.27M
+14.6%
$46.50M
+10.4%
$42.12M
+1.8%
Cash and Equivalents
Stockholders Equity $41.74M
+22.2%
$34.16M
+3.3%
$33.05M
+4.1%
$31.75M
+34.3%
$23.65M
+13.6%
$20.82M
+10.3%
Operating Income $9.90M
+785.4%
$1.12M
+30.9%
$854.0K
-86.2%
$6.17M
+64.1%
$3.76M
+47.6%
$2.55M
+14.9%
Gross Profit $20.01M
+87.9%
$10.65M
+12.5%
$9.47M
-34.3%
$14.42M
+30.6%
$11.04M
+10.8%
$9.97M
-5.0%
Shares Outstanding 5.30M
-0.1%
5.31M
+0.1%
5.30M
+1.4%
5.23M
+0.5%
5.20M
+0.7%
5.16M
+1.0%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $21.45M -9.0% -18.1%
Revenue (ASC 606) September 30, 2018 $9.54M -16.9% -2.9%
Net Income September 30, 2025 $2.88M -8.7% -31.0%
Diluted EPS March 31, 2025 $0.62 +195.2% +195.2%
Total Assets September 30, 2025 $85.44M +28.2% +105149.1%
Cash and Equivalents June 30, 2022 $12.43M -5.8% -16.1%
Stockholders Equity September 30, 2025 $52.13M +29.2% +5.9%
Operating Income September 30, 2025 $3.85M +0.2% +69744.1%
Gross Profit September 30, 2025 $5.76M -12.5% +73866.1%
Shares Outstanding September 30, 2025 5.30M +0.0% +0.0%
  • SMITH MIDLAND CORP reported Total Revenue of $78.51 million for fiscal year 2024.
  • SMITH MIDLAND CORP showed an increase of +31.8% in Total Revenue compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Net Income of $7.67 million for fiscal year 2024.
  • SMITH MIDLAND CORP showed an increase of +865.4% in Net Income compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Diluted EPS of $0.33 per share for fiscal year 2018.
  • SMITH MIDLAND CORP showed a decrease of -37.7% in Diluted EPS compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Total Assets of $67.99 million for fiscal year 2024.
  • SMITH MIDLAND CORP showed an increase of +10.8% in Total Assets compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Cash and Equivalents of $3.39 million for fiscal year 2017.
  • SMITH MIDLAND CORP showed a decrease of -3.8% in Cash and Equivalents compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Stockholders Equity of $41.74 million for fiscal year 2024.
  • SMITH MIDLAND CORP showed an increase of +22.2% in Stockholders Equity compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Operating Income of $9.90 million for fiscal year 2024.
  • SMITH MIDLAND CORP showed an increase of +785.4% in Operating Income compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Gross Profit of $20.01 million for fiscal year 2024.
  • SMITH MIDLAND CORP showed an increase of +87.9% in Gross Profit compared to the prior fiscal year.
  • SMITH MIDLAND CORP reported Shares Outstanding of 5.30 million shares for fiscal year 2024.
  • SMITH MIDLAND CORP showed a decrease of -0.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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