# Smith Midland Corp (SMID)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/smith-midland-corp/ JSON: https://steadybase.io/company/smith-midland-corp.json Checked Nov 10, 2026. Latest filing read: Oct 19, 2026.

## Company

- Legal name: SMITH MIDLAND CORP
- Ticker: SMID (Nasdaq)
- SEC CIK: 0000924719
- Industry: Concrete Products, Except Block & Brick (SIC 3272)
- Headquarters: Midland, VA
- Fiscal year ends: December 31
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: smithmidland.com
- LinkedIn: https://www.linkedin.com/company/smith-midland-corporation
- Next earnings date: Nov 12, 2026

## Key facts

- Revenue: $93.4M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/0001654954-26-003505-index.html
- Operating income: $17.0M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/0001654954-26-003505-index.html
- Net income: $12.5M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/0001654954-26-003505-index.html
- SG&A: $5.7M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/0001654954-26-003505-index.html
- Employees: 285 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm
- Shares outstanding: 5,304,606 as of Aug 1, 2026 (10-Q filed Aug 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426007660/0001654954-26-007660-index.html
- Auditor: Bdo Usa, P.C., Richmond, Virginia, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm

## Business

Smith-Midland Corporation (the “Company”) invents, develops, manufactures, markets, leases, licenses, sells, and installs a broad array of precast concrete products and systems for use primarily in the construction, highway, utilities and farming industries through its six wholly-owned subsidiaries. The Company’s precast, licensing, and barrier rental customers are primarily general contractors and federal, state, and local transportation authorities located in the Mid-Atlantic, Northeastern, Midwestern and Southeastern regions of the United States.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $93.4M | $17.0M | $12.5M | $5.7M |
| Dec 31, 2024 | $78.5M | $9.9M | $7.7M | $6.6M |
| Dec 31, 2023 | $59.6M | $1.1M | $795,000 | $9.5M |
| Dec 31, 2022 | $50.1M | $854,000 | $800,000 | $8.6M |
| Dec 31, 2021 | $50.6M | $6.2M | $7.6M | $8.3M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/smith-midland-corp.json

## Officers and directors

- Ashley B. Smith, Chief Executive Officer. Source: 4/A filed Sep 4, 2026, https://www.sec.gov/Archives/edgar/data/924719/000165495426008138/0001654954-26-008138-index.htm
- Dominic L. Hunter, Chief Financial Officer, Secretary, and Treasurer. LinkedIn: https://www.linkedin.com/in/dominic-hunter-c-p-a-6a17636. Source: 10-K filed Apr 14, 2026, https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm
- Matthew I. Smith, President of Concrete Safety Systems. Source: 10-K filed Apr 14, 2026, https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm
- James Russell Bruner, Director. Source: 10-K filed Apr 14, 2026, https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm
- Read Van de Water, Director. Source: 10-K filed Apr 14, 2026, https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm
- Richard Gerhardt, Director. Source: 10-K filed Apr 14, 2026, https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm

## Recent 8-K events

- Aug 25, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426007861/smid_8k.htm
- Aug 14, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426007658/smid_8k.htm
- Jul 23, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426006796/smid_8k.htm
- Jun 11, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426005864/smid_8k.htm
- Jun 9, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426005827/smid_8k.htm
- Jun 4, 2026: Item 3.01, Notice of delisting or failure to meet listing standards; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426005673/smid_8k.htm
- Apr 14, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426003503/smid_8k.htm
- Mar 24, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426002625/smid_8k.htm
- Nov 14, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495425013052/smid_8k.htm
- Aug 21, 2025: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495425009923/smid_8k.htm

## Insider trades (Form 4)

- Nov 24, 2025: Richard Gerhardt (Director) sold 666 shares, about $22,151. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495425013423/0001654954-25-013423-index.htm
- Aug 20, 2025: James Russell Bruner (Director) sold 6,000 shares, about $234,360. Source: https://www.sec.gov/Archives/edgar/data/924719/000165495425009929/0001654954-25-009929-index.htm

## What management said

- "Our second quarter results benefited from tailwinds related to the ongoing barrier replacement cycle and continued demand for data centers, although total revenue and net income were lower due to a challenging comparison from last year’s large special barrier project" Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland (8-K filed Aug 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/924719/000165495426007658/smid_ex991.htm

## Latest filings

- 8-K filed Aug 25, 2026: https://www.sec.gov/Archives/edgar/data/924719/000165495426007861/smid_8k.htm
- 10-K filed Apr 14, 2026: https://www.sec.gov/Archives/edgar/data/924719/000165495426003505/smid_10k.htm
- 10-Q filed Aug 14, 2026: https://www.sec.gov/Archives/edgar/data/924719/000165495426007660/smid_10q.htm
- DEF 14A filed Jun 2, 2026: https://www.sec.gov/Archives/edgar/data/924719/000165495426005625/smid_def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/