Traders should monitor the upcoming Form 10-K filing for final numbers and margin details. The consistent growth and record profitability suggest strong operational execution, potentially supporting a re-rating if margins hold or expand.
Price Chart
Executive Summary
Smith-Midland Corporation announced preliminary results for Q4 and full-year 2025, expecting a 25% YoY revenue increase in Q4 and an 18% annual revenue growth for the year, with record net income anticipated. The results reflect strong demand from infrastructure spending and growth initiatives.
Key Financial Metrics
Key Facts
- Q4 2025 revenue expected between $22M and $24M, up from $18.5M in Q4 2024 (25% YoY growth)
- Full-year 2025 revenue expected between $92M and $94M, an 18% increase from 2024 at midpoint
- Anticipates record annual net income for 2025
- Growth driven by federal and state infrastructure spending, expansion of rental barrier fleet, and product sales initiatives
- Final results to be filed in Form 10-K by March 31, 2026
Financial Impact
Revenue increase of approximately $16.5M at midpoint ($93M vs $78.7M in 2024), with Q4 alone up ~$3.25M YoY
Risk Factors
- Preliminary figures subject to final adjustments
- Forward-looking statements include risks related to government infrastructure spending, inflation, and internal control weaknesses
- No EPS or margin data provided in release
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001654954-26-002625 |
| Document: smid_ex991.htm | 0001654954-26-002625 |
| Document: 0001654954-26-002625-index-headers.html | 0001654954-26-002625 |
| Document: 0001654954-26-002625-index.html | 0001654954-26-002625 |
| Document: 0001654954-26-002625.txt | 0001654954-26-002625 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 7, 2026 19d ago | SC 13D/A | $22.20 $22.83 | ▲ +2.84% | ▲ +3.11% | $21.20 (−4.50%) |
Sep 4, 2026 7w ago | Insider Cluster | $26.03 $24.08 | ▼ −7.49% | ▼ −6.28% | $21.20 (−18.56%) |
Aug 14, 2026 10w ago | 8-K | $28.54 $27.50 | ▼ −3.64% | ▼ −2.45% | $21.20 (−25.72%) |
Jun 9, 2026 19w ago | 8-K | $29.50 $29.20 | ▲ +1.02% | ▲ +4.45% | $21.20 (+28.14%) |
Apr 14, 2026 27w ago | 8-K | $31.72 $33.58 | ▲ +5.86% | ▲ +4.22% | $21.20 (−33.17%) |
Mar 24, 2026 30w ago | 8-K | $29.65 $32.53 | ▲ +9.71% | ▲ +10.14% | $21.20 (−28.50%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers