---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-006150"
form_type: "8-K"
ticker: "SMID"
cik: "0000924719"
company_name: "SMITH MIDLAND CORP"
filed_at: "2025-05-28T23:59:59+00:00"
generated_at: "2026-05-20T09:52:09.011389+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Smith-Midland reports record annual revenue $78.5M, net income $7.7M

## Summary
- FY 2024 revenue up 32% to $78.5M; net income of $7.7M ($1.45 diluted EPS) vs $795K ($0.15) in FY 2023.
- Q4 2024 revenue rose 13% to $18.5M; net income of $1.4M ($0.26 diluted EPS) vs $230K ($0.04) a year ago.
- Gross margin improved 760 bps to 25.5% for FY 2024, driven by higher volumes and fixed cost absorption.
- Backlog was $59.5M as of March 2025, roughly flat year-over-year; most expected to ship within 12 months.
- Preliminary Q1 2025 revenue, gross margin and net income each expected substantially above Q1 2024.

## SEC filing metadata
- accession: 0001654954-25-006150
- form_type: 8-K
- ticker: SMID
- cik: 0000924719
- company_name: SMITH MIDLAND CORP
- filed_at: 2025-05-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924719/000165495425006150/0001654954-25-006150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924719/000165495425006150/smid_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-006150
- JSON: https://secwatch.observer/filing/0001654954-25-006150.json
- Plain text: https://secwatch.observer/filing/0001654954-25-006150.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.