Smith-Midland expects Q4 revenue up ~25% YoY, record full-year revenue and net income

SMITH MIDLAND CORP

Q4 2025 revenue expected $22-24M, up from $18.5M in Q4 2024.
Full year 2025 revenue guided $92-94M, ~18% growth vs 2024 at midpoint.
Anticipates record annual net income; final results to be filed by March 31, 2026.
CEO cites federal/state infrastructure spending and fleet expansion as drivers.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

SMITH MIDLAND CORP reported the fourth quarter and full year 2025 ended December 31, 2025 results: revenue $22 to $24 million, net income higher versus the fourth quarter of 2024.

Period: the fourth quarter and full year 2025 ended December 31, 2025
Revenue: $22 to $24 million
Net income: higher versus the fourth quarter of 2024
Result: preliminary results

Exact text from the filing

For the fourth quarter of 2025, the Company expects revenues of approximately $22 to $24 million, compared to $18.5 million in the prior-year comparable quarter, primarily due to higher product sales and shipping and installation revenue. The Company also anticipates net income to be higher versus the fourth quarter of 2024.

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Source: SEC EDGAR

accession 0001654954-26-002625

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