Smith-Midland (SMID) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Smith-Midland Revenue Highlights

Latest Revenue (Y)

$59.58M

Latest Revenue (Q)

$22.70M

Main Segment (Y)

Shipping and Installation Revenue

Main Geography (Y)

Shipping and Installation Revenue

Smith-Midland Revenue by Period

Smith-Midland Revenue by Year

Date	Revenue	Change
2023-12-31	$59.58M	18.85%
2022-12-31	$50.13M	-1.01%
2021-12-31	$50.64M	15.46%
2020-12-31	$43.86M	-6.06%
2019-12-31	$46.69M	16.09%
2018-12-31	$40.22M	-3.59%
2017-12-31	$41.72M	4.16%
2016-12-31	$40.05M	37.14%
2015-12-31	$29.20M	29.97%
2014-12-31	$22.47M	-18.91%
2013-12-31	$27.71M	11.32%
2012-12-31	$24.89M	-6.75%
2011-12-31	$26.70M	-15.81%
2010-12-31	$31.71M	7.44%
2009-12-31	$29.52M	-1.14%
2008-12-31	$29.86M	-5.28%
2007-12-31	$31.52M	7.35%
2006-12-31	$29.36M	23.42%
2005-12-31	$23.79M	7.58%
2004-12-31	$22.12M	21.75%
2003-12-31	$18.16M	-19.65%
2002-12-31	$22.60M	-13.09%
2001-12-31	$26.01M	62.46%
2000-12-31	$16.01M	10.92%
1999-12-31	$14.43M	-0.01%
1998-12-31	$14.43M	20.24%
1997-12-31	$12.00M	5.21%
1996-12-31	$11.41M	1.88%
1995-12-31	$11.20M	-8.20%
1994-12-31	$12.20M	-

Smith-Midland generated $59.58M in revenue during NA 2023, up 18.85% compared to the previous quarter, and up 148.14% compared to the same period a year ago.

Smith-Midland Revenue by Quarter

Date	Revenue	Change
2025-03-31	$22.70M	22.49%
2024-12-31	$18.53M	-21.42%
2024-09-30	$23.58M	20.08%
2024-06-30	$19.64M	17.21%
2024-03-31	$16.76M	2.24%
2023-12-31	$16.39M	4.72%
2023-09-30	$15.65M	6.48%
2023-06-30	$14.70M	14.45%
2023-03-31	$12.84M	-11.36%
2022-12-31	$14.49M	21.17%
2022-09-30	$11.96M	-9.79%
2022-06-30	$13.25M	27.01%
2022-03-31	$10.44M	4.17%
2021-12-31	$10.02M	-23.53%
2021-09-30	$13.10M	6.44%
2021-06-30	$12.31M	-19.13%
2021-03-31	$15.22M	37.43%
2020-12-31	$11.07M	-11.52%
2020-09-30	$12.52M	19.76%
2020-06-30	$10.45M	6.36%
2020-03-31	$9.82M	-21.03%
2019-12-31	$12.44M	-5.81%
2019-09-30	$13.21M	21.72%
2019-06-30	$10.85M	6.51%
2019-03-31	$10.19M	-13.05%
2018-12-31	$11.72M	22.78%
2018-09-30	$9.54M	-2.94%
2018-06-30	$9.83M	7.76%
2018-03-31	$9.13M	-8.85%
2017-12-31	$10.01M	-12.80%
2017-09-30	$11.48M	7.02%
2017-06-30	$10.73M	12.96%
2017-03-31	$9.50M	-4.64%
2016-12-31	$9.96M	-19.66%
2016-09-30	$12.40M	28.59%
2016-06-30	$9.64M	19.68%
2016-03-31	$8.06M	4.57%
2015-12-31	$7.70M	-25.96%
2015-09-30	$10.40M	50.83%
2015-06-30	$6.90M	64.22%
2015-03-31	$4.20M	-5.19%
2014-12-31	$4.43M	-25.86%
2014-09-30	$5.98M	-7.05%
2014-06-30	$6.43M	14.03%
2014-03-31	$5.64M	-27.50%
2013-12-31	$7.78M	12.59%
2013-09-30	$6.91M	12.58%
2013-06-30	$6.13M	-11.01%
2013-03-31	$6.89M	46.00%
2012-12-31	$4.72M	-37.42%
2012-09-30	$7.54M	13.67%
2012-06-30	$6.64M	10.80%
2012-03-31	$5.99M	3.25%
2011-12-31	$5.80M	-5.42%
2011-09-30	$6.13M	-14.14%
2011-06-30	$7.15M	-6.18%
2011-03-31	$7.62M	-12.17%
2010-12-31	$8.67M	-3.62%
2010-09-30	$9.00M	16.96%
2010-06-30	$7.69M	21.09%
2010-03-31	$6.35M	21.41%
2009-12-31	$5.23M	-30.72%
2009-09-30	$7.55M	-0.60%
2009-06-30	$7.60M	-16.82%
2009-03-31	$9.13M	9.67%
2008-12-31	$8.33M	7.40%
2008-09-30	$7.75M	12.70%
2008-06-30	$6.88M	-0.18%
2008-03-31	$6.89M	-0.20%
2007-12-31	$6.91M	-

Smith-Midland generated $22.70M in revenue during Q1 2025, up 22.49% compared to the previous quarter, and up 138.50% compared to the same period a year ago.

Smith-Midland Revenue Breakdown

Smith-Midland Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 20
Shipping and Installation Revenue	$8.52M

Smith-Midland's latest annual revenue breakdown by segment (product or service), as of Dec 20: Shipping and Installation Revenue (100.00%).

Quarterly Revenue by Product

Product/Service	Dec 21	Dec 20	Sep 20	Jun 20	Sep 18	Jun 18
Service Revenue	$3.38M	-	-	-	-	-
Shipping and Installation Revenue	-	$1.75M	$2.38M	$2.43M	$327.00K	$-298.00K
Service	-	-	-	-	$530.00K	$-227.00K
Royalty Income	-	-	-	-	$-18.00K	$33.00K
Product	-	-	-	-	$-2.47M	$-668.00K
Miscellaneous Wall Sales	-	-	-	-	$-552.00K	$-442.00K
Miscellaneous Product Sales	-	-	-	-	$-102.00K	$-62.00K
Easi-Set and Easi-Span Building Sales	-	-	-	-	$-234.00K	$-501.00K
Barrier Sales	-	-	-	-	$-1.87M	$-2.32M
Barrier Rentals	-	-	-	-	$221.00K	$38.00K
Architectural Panel Sales	-	-	-	-	$-510.00K	$245.00K
SlenderWall Sales	-	-	-	-	$724.00K	$1.42M
Soundwall Sales	-	-	-	-	$-34.00K	$1.10M
Utility and Farm Product Sales	-	-	-	-	$107.00K	$-104.00K

Smith-Midland's latest quarterly revenue breakdown by segment (product or service), as of Dec 21: Service Revenue (100.00%).

Smith-Midland Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 20
Shipping and Installation Revenue	$8.52M

Smith-Midland's latest annual revenue breakdown by geography, as of Dec 20: Shipping and Installation Revenue (100.00%).

Quarterly Revenue by Country

Country	Dec 21	Dec 20	Sep 20	Jun 20	Sep 18	Jun 18
Service Revenue	$3.38M	-	-	-	-	-
Shipping and Installation Revenue	-	$1.75M	$2.38M	$2.43M	$327.00K	$-298.00K
Service	-	-	-	-	$530.00K	$-227.00K
Royalty Income	-	-	-	-	$-18.00K	$33.00K
Product	-	-	-	-	$-2.47M	$-668.00K
Miscellaneous Wall Sales	-	-	-	-	$-552.00K	$-442.00K
Miscellaneous Product Sales	-	-	-	-	$-102.00K	$-62.00K
Easi-Set and Easi-Span Building Sales	-	-	-	-	$-234.00K	$-501.00K
Barrier Sales	-	-	-	-	$-1.87M	$-2.32M
Barrier Rentals	-	-	-	-	$221.00K	$38.00K
Architectural Panel Sales	-	-	-	-	$-510.00K	$245.00K
Soundwall Sales	-	-	-	-	$-34.00K	$1.10M
Utility and Farm Product Sales	-	-	-	-	$107.00K	$-104.00K
SlenderWall Sales	-	-	-	-	$724.00K	$1.42M

Smith-Midland's latest quarterly revenue breakdown by geography, as of Dec 21: Service Revenue (100.00%).

Smith-Midland Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LVRO	Lavoro	$9.35B	$2.55B
MERC	Mercer	$2.04B	$453.52M
NVA	Nova Minerals	$1.26B	$301.41M
FRD	Friedman Industries	$444.60M	$129.22M
FF	FutureFuel	$243.34M	$35.67M
SMID	Smith-Midland	$59.58M	$22.70M
BHST	BioHarvest Sciences	$25.19M	$7.84M
FEAM	5E Advanced Materials	-	-
USGO	U.S. GoldMining	-	-
AEC	Anfield Energy Inc. Common Shares	-	-

SMID Revenue FAQ

What is Smith-Midland’s yearly revenue?

Smith-Midland's yearly revenue for 2023 was $59.58M, representing an increase of 18.85% compared to 2022. The company's yearly revenue for 2022 was $50.13M, representing a decrease of -1.01% compared to 2021. SMID's yearly revenue for 2021 was $50.64M, representing an increase of 15.46% compared to 2020.

What is Smith-Midland’s quarterly revenue?

Smith-Midland's quarterly revenue for Q1 2025 was $22.7M, a 22.49% increase from the previous quarter (Q4 2024), and a 35.46% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $18.53M, a -21.42% decrease from the previous quarter (Q3 2024), and a 13.07% increase year-over-year (Q4 2023). SMID's quarterly revenue for Q3 2024 was $23.58M, a 20.08% increase from the previous quarter (Q2 2024), and a 50.67% increase year-over-year (Q3 2023).

What is Smith-Midland’s revenue growth rate?

Smith-Midland's revenue growth rate for the last 3 years (2021-2023) was 17.65%, and for the last 5 years (2019-2023) was 27.60%.

What are Smith-Midland’s revenue streams?

Smith-Midland's revenue streams in c 20 are Shipping and Installation Revenue

What is Smith-Midland’s main source of revenue?

For the fiscal year ending Dec 20, the largest source of revenue of Smith-Midland was Shipping and Installation Revenue. This segment made a revenue of $8.52M, representing 100.00% of the company's total revenue.