Company / Net Income
SMITH MIDLAND CORP Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$7.7M
FY2025
5-year range
$795.0K / $7.7M
FY2021-FY2025
Trend
+865.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Net Income changed +865% YoY in FY2025, a notable deviation from the 9-year average annual change of +127%.
Based on SEC 10-K filings.
$8M in FY2025 with a 5-year CAGR of +31.5%.
Improved from $800,000 to $8M over the past 2 years.
Net Income over time
Growth rates
- 3-Year CAGR
- +0.5%
- 5-Year CAGR
- +31.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +31.5%, indicating consistent growth.
- In FY2025, net income increased 865.4% year-over-year.
- Lowest net income in the period was in FY2024.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.7M | +865.4% |
| FY2024 | $795.0K | -0.6% |
| FY2023 | $800.0K | -89.4% |
| FY2022 | $7.6M | +184.1% |
| FY2021 | $2.7M | +36.7% |
| FY2020 | $1.9M | +15.5% |
| FY2019 | $1.7M | -37.1% |
| FY2018 | $2.7M | -5.3% |
| FY2017 | $2.8M | +171.5% |
| FY2016 | $1.0M | +229.8% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026