Company / Operating Income
SMITH MIDLAND CORP Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$9.9M
FY2025
5-year range
$854.0K / $9.9M
FY2021-FY2025
Trend
+785.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Income changed +785% YoY in FY2025, a notable deviation from the 9-year average annual change of +109%.
Based on SEC 10-K filings.
$10M in FY2025 with a 5-year CAGR of +31.2%.
Improved from $854,000 to $10M over the past 2 years.
Operating Income over time
Growth rates
- 3-Year CAGR
- +17.1%
- 5-Year CAGR
- +31.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +31.2%, indicating consistent growth.
- In FY2025, operating income increased 785.4% year-over-year.
- Lowest operating income in the period was in FY2023.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $9.9M | +785.4% |
| FY2024 | $1.1M | +30.9% |
| FY2023 | $854.0K | -86.2% |
| FY2022 | $6.2M | +64.1% |
| FY2021 | $3.8M | +47.6% |
| FY2020 | $2.5M | +14.9% |
| FY2019 | $2.2M | -40.3% |
| FY2018 | $3.7M | -14.3% |
| FY2017 | $4.3M | +175.0% |
| FY2016 | $1.6M | +232.0% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026