---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-003503"
form_type: "8-K"
ticker: "SMID"
cik: "0000924719"
company_name: "SMITH MIDLAND CORP"
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:31:16.605305+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smith-Midland reports record FY2025 revenue $93.4M, net income up 63% to $12.5M

## Summary
- Q4 revenue $23.1M (+25% YoY); net income $2.1M ($0.40 EPS) vs $1.4M ($0.26 EPS).
- Full-year product sales $48.3M, service revenue $45.2M; gross margin 27.9% (+240 bps).
- Soundwall sales $14.6M, Easi-Set $11.5M, SlenderWall $3.6M (new).
- Barrier rental revenue surged to $19.7M from $12.0M; backlog $53.1M.
- Cash $11.9M, debt $4.4M at year-end; capex $9.2M vs $6.2M.

## SEC filing metadata
- accession: 0001654954-26-003503
- form_type: 8-K
- ticker: SMID
- cik: 0000924719
- company_name: SMITH MIDLAND CORP
- filed_at: 2026-04-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924719/000165495426003503/0001654954-26-003503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924719/000165495426003503/smid_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-003503
- JSON: https://secwatch.observer/filing/0001654954-26-003503.json
- Plain text: https://secwatch.observer/filing/0001654954-26-003503.txt

## Key facts
- Earnings Releases
  SMITH MIDLAND CORP reported the period ended December 31, 2025 results: revenue $93.4 million, net income $12.5 million, or $2.36 per diluted share, EPS $2.36 per diluted share.
  - Period: the period ended December 31, 2025
  - Revenue: $93.4 million
  - Net income: $12.5 million, or $2.36 per diluted share
  - EPS: $2.36 per diluted share
  - Result: reported results
  source text: compared to $1.9 million · Net income of $2.1 million, or $0.40 per diluted share, compared to $1.4 million and $0.26 Full Year 2025 Summary · Revenue increased 19 percent to $93.4 million · Shipping and installation revenue increased 21 percent · Gross margin increased by 240 basis points to 27.9 percent · Net income of $12.5 million, or $2.36 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/924719/000165495426003503/0001654954-26-003503-index.htm

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