Smith-Midland

SMID

Market cap $186M

SMID posts strong Q4 results, with revenue growth and higher margins, driven by robust demand in infrastructure and rental services.

Company Sets Records With 19 Percent Increase in Annual Revenue and 63 Percent Increase in Net Income MIDLAND, VA / ACCESS Newswire / April 14, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its fourth quarter and year-end results for the period ended December 31, 2025. Fourth Quarter 2025 Summary (compared to prior-year quarter) Revenue increased 25 percent to $23.1 million Product sales increased 26 percent to $13.8 million Operating income of $3.2 million 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 compared to $7.7 million and $1.45 "2025 was a banner year for Smith-Midland, as we once again posted our highest annual revenue and net income in company history," said Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland.

MIDLAND, VA / ACCESS Newswire / March 31, 2026 / Smith-Midland Corporation (NASDAQ:SMID) (the "Company"), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission to provide notice of the late filing of its Annual Report on Form 10-K ("Form 10-K") for the year ended December 31, 2025. The company expects to file its Form 10-K on or before April 15, 2026.

SMID reports record 2025 growth and lands a $5.4M infrastructure project, highlighting strong demand and strategic execution across its precast concrete business.

MIDLAND, VA / ACCESS Newswire / March 24, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, has been selected to supply $5.4 million in precast concrete noise wall systems for the Complete 540-Triangle Expressway Southeast Extension Project (Complete 540) Segment B. The project is owned by the North Carolina Department of Transportation (NCDOT) and is being constructed by Flatiron Dragados.

Fourth Quarter Revenue Expected to Increase 25%; Anticipates Record Full-Year Revenue and Net Income MIDLAND, VA / ACCESS Newswire / March 23, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced preliminary, unaudited results for its fourth quarter and full year 2025 ended December 31, 2025. 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.

MIDLAND, VA / ACCESS Newswire / March 10, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, announced it will manufacture and supply $1.6M of its proprietary SlenderWall® architectural precast cladding system for a new luxury residential redevelopment project located in Washington D.C. The project incorporates Smith-Midland's SlenderWall® system, a lightweight architectural precast panel system with integrated steel studs designed to reduce structural loads, while delivering durability and architectural versatility.

MIDLAND, VA / ACCESS Newswire / February 3, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, was awarded and has begun production on a $1.9 million contract to manufacture SoftSound® sound absorptive noise wall panels, precast retaining wall systems and pre-stressed posts for the Elbow Road improvement project in Virginia Beach, Virginia. The Elbow Road improvements are designed to enhance traffic flow, roadway safety, and long-term corridor performance while reducing traffic noise impacts for nearby neighborhoods.

MIDLAND, VA / ACCESS Newswire / January 22, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, has been awarded a contract valued at $1.84 million to supply Freestanding J-J Hooks® precast barriers for a major Georgia Department of Transportation (GDOT) project in the Atlanta metropolitan area. Smith-Midland is working with Webber, a Ferrovial company, for the Georgia Department of Transportation (GDOT) on the project that includes pavement reconstruction, rehabilitation, and resurfacing along sections of Interstate 285 / State Route 407 in Fulton County, Georgia.

MIDLAND, VA / ACCESS Newswire / December 16, 2025 / Smith-Midland Corporation (NASDAQ:SMID) announced today that production is underway on underground precast utility vaults and manholes for a new data center in Mineral, VA. The contract, valued at more than $1 million, is being produced at Smith-Midland's Virginia precast plant, with all units scheduled for delivery by the beginning of 2026.