Highest-materiality recent filing
Smith-Midland Q2 revenue falls to $23.4M, EPS $0.26; backlog up 19% to $57.4M
Q2 revenue $23.4M vs $26.2M; net income $1.4M ($0.26/diluted) vs $4.2M ($0.79) YoY.
Smith-Midland Q1 net income falls to $1.3M from $3.3M; product sales up 29%
Revenue $21.6M, down 5% YoY from $22.7M; product sales rose 29% to $11.8M.
Nasdaq notice dated May 29, 2026 for failure to file Q1 2026 10-Q by deadline.
Smith-Midland reports record FY2025 revenue $93.4M, net income up 63% to $12.5M
Q4 revenue $23.1M (+25% YoY); net income $2.1M ($0.40 EPS) vs $1.4M ($0.26 EPS).
Smith-Midland expects Q4 revenue up ~25% YoY, record full-year revenue and net income
Q4 2025 revenue expected $22-24M, up from $18.5M in Q4 2024.
Smith-Midland Q3 net income $2.9M ($0.54/sh) on revenue $21.5M; product sales up 11%
Revenue $21.5M vs $23.6M YoY; product sales increased 11% to $11.9M.
Smith-Midland Q2 revenue record $26.2M, net income doubles to $0.79 EPS
Revenue $26.2M (+33% YoY); net income $4.2M ($0.79 diluted EPS) vs. $2.0M ($0.37) prior year.
Smith-Midland Q1 revenue up 35% to $22.7M; net income triples to $3.3M (EPS $0.62)
Revenue $22.7M (+35% YoY); operating income $4.4M vs $1.5M; net income $3.3M ($0.62 diluted EPS) vs $1.1M ($0.21).
Smith-Midland regains Nasdaq compliance for 10-K but flagged for Q1 10-Q delay
Received Nasdaq letter on May 29, 2025 confirming compliance regained for 2024 10-K filed May 27.
Smith-Midland reports record annual revenue $78.5M, net income $7.7M
FY 2024 revenue up 32% to $78.5M; net income of $7.7M ($1.45 diluted EPS) vs $795K ($0.15) in FY 2023.
Smith-Midland receives Nasdaq non-compliance notice for late 10-K; appoints new CFO
Nasdaq notified SMID on Apr 17 of non-compliance with Listing Rule 5250(c)(1) due to late 10-K filing for FY2024.
Smith-Midland Q3 2024 revenue record $23.6M (+51% YoY); EPS $0.59 vs $0.24
Net income of $3.2M ($0.59 diluted EPS), up from $1.3M ($0.24) YoY; operating income $3.8M.
Smith-Midland Q2 2024 revenue record $19.6M, swing to profit $0.37/share
Revenue $19.6M, up 34% YoY; net income $2.0M ($0.37) vs net loss ($782K) ($0.15) in Q2 2023.
Smith-Midland CFO Stephanie Poe resigns; former CFO AJ Krick named interim
CFO Stephanie Poe resigned effective July 17, 2024; resignation not due to any dispute with the company.
Smith-Midland Q1 revenue up 30% to $16.8M; net income $1.1M vs $0.08M
Revenue $16.8M (+30% YoY); net income $1.1M ($0.22 diluted EPS) vs $0.08M ($0.02) prior year.
Smith-Midland reports record annual revenue $59.6M in 2023; backlog rises to $60.8M
Q4 2023 revenue $16.4M (+13% YoY); net income $230K ($0.04 EPS) vs $5K in prior-year quarter.
Smith-Midland receives Nasdaq delisting notice for late 10-K filing
Nasdaq notified Smith-Midland on April 19, 2024 of non-compliance with Listing Rule 5250(c)(1) for failure to file 2023 Form 10-K.
Smith-Midland Q3 revenue up 31% to $15.7M, net income $1.3M vs $5k
Revenue $15.7M (+31% YoY); product sales up 54% to $10.9M.
Smith-Midland Q2 revenue up 11% to $14.7M but net loss of $782K due to panel rework and wire fraud
Revenue $14.7M (+11% YoY); product sales $10.7M (+58% YoY) driven by Soundwall and SlenderWall.
Smith-Midland receives Nasdaq delisting notice for late Q2 10-Q; appoints BDO as new auditor
Nasdaq notice for non-compliance with Listing Rule 5250(c)(1) due to late Form 10-Q for June 30, 2023.
Smith-Midland auditor FORVIS resigns; material weakness disclosed
FORVIS, LLP ceased as independent auditor for Smith-Midland effective May 24, 2023.
Smith-Midland Q1 revenue up 23% to $12.8M; net income $0.02/share, backlog $51.4M
Revenue $12.8M (+23% YoY); product sales $8.2M (+41%), service revenue flat at $4.6M.
Smith-Midland Q4 revenue up 45% to $14.5M; record backlog of $52.4M
Q4 net income $4K (breakeven diluted EPS); full-year net income $800K ($0.15 EPS) vs $7.6M ($1.45) in 2021.
Smith-Midland Q3 net income $5K on revenue $12M; backlog hit record $51.4M
Revenue $12.0M (down 8.4% YoY); net income $5K ($0.00 EPS) vs $3.7M ($0.71) including $2.7M PPP gain.
Smith-Midland Q2 revenue up 8% to $13.3M; EPS $0.17 vs $0.19; backlog jumps 37% to $35.7M
Net income $0.9M ($0.17 diluted EPS) vs $1.0M ($0.19) in Q2 2021.
Smith-Midland Q1 revenue down 31% to $10.4M; net loss $0.1M vs prior year profit
Revenue $10.4M (down 31% YoY); operating loss $0.2M vs operating income $3.8M in Q1 2021.
Smith-Midland posts record FY2021 EPS of $1.45, revenue up 15% YoY
Net income for FY2021 grew 184% to $7.6M ($1.45 EPS) vs $0.51; PPP loan forgiveness contributed $0.51 EPS.
Smith-Midland appoints Ashley B. Smith as Chairman; Rodney I. Smith retires after 62 years
Rodney I. Smith retired as Chairman and director on January 17, 2022, after 62 years of service.
On April 17, 2025, Dominic L. Hunter, age 62, commenced employment as Chief Financial Officer of the Company.
On June 27, 2024, Stephanie Poe, Chief Financial Officer, Secretary and Treasurer of Smith-Midland Corporation (the “Company”), notified the Company of her decision to resign from her positions with the Company, effective July 17, 2024.
On December 21, 2023, Wesley A. Taylor retired from the Board of Directors of Smith-Midland Corporation (the “Company”)
On December 27, 2023, Mr. Matthew Smith was appointed as a member of the Board of Directors of the Company.
Ms. Read Van de Water was appointed as a director to fill the vacancy resulting from Mr. Taylor’s retirement.
On December 12, 2022, Adam J. Krick, Chief Financial Officer, Secretary and Treasurer of Smith-Midland Corporation (the “Company”), notified the Company of his decision to resign from his positions with the Company, effective January 1, 2023.
On December 12, 2022, the Board of Directors of the Company promoted Stephanie Poe, the Company’s Controller, to the positions of Chief Financial Officer, Secretary and Treasurer of the Company, effective January 1, 2023.
On January 17, 2022, Rodney I. Smith retired as Chairman and as a member of the Board of Directors of Smith-Midland Corporation (the “Company”).
Max materiality 0.80 · Median 0.60 · Most common event earnings