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Smith Midland Corp revenue

Smith Midland Corp's revenue was $93.4m in fiscal 2025, up 19.0% on the year before. Since fiscal 2011 ($26.7m) it has grown at a compound 9.4% a year. Over the last twelve months it was $89.5m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue27252822294042404744515060799389
Growth on the year before—−6.8%+11.3%−18.9%+30.0%+37.1%+4.2%−3.6%+16.1%−6.1%+15.5%−1.0%+18.8%+31.8%+19.0%—
Gross profit55747101110101114911202621
Gross margin17.2%21.9%23.7%17.1%24.3%25.8%27.5%26.1%21.4%25.2%28.5%18.9%17.9%25.5%27.9%23.5%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Product Sales $48.3M 51.7% ▲ 5.8%
Service Revenue $45.2M 48.3% ▲ 37.4%

From Smith Midland Corp's 10-K filed April 14, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Construction Materials: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Smith Midland Corp $89.5m -1.6% 18.4%
United States Lime & Minerals Inc $381m 4.5% 11.6%
Smart Sand, Inc. $387m 26.5% 8.6%
Titan America SA $1.66bn 1.8% —
Eagle Materials Inc $2.32bn 1.7% 2.0%
Knife River Corp $3.31bn 12.1% 8.3%

Compare with peers

Head to head: SMID vs USLMSMID vs SNDSMID vs TTAM

More: Construction Materials stocks compared, Materials sector, rankings of US companies

Figures from Smith Midland Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Smith Midland Corp.