Smith Midland (SMID) Cost of Revenue (2011 - 2026)
Smith Midland's Cost of Revenue came in at $17.94 million for Q2 2026, down 2.5% from $18.4 million a year earlier but up 3.9% from the prior quarter.
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Analysis
Smith Midland (SMID) Cost of Revenue (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Smith Midland reported Cost of Revenue of $68.5 million, up 4.9% year-over-year; for FY2025, it came in at $67.41 million, up 15.2% from FY2024.
- Cost of Revenue has increased in each of the last five years, with a five-year compound annual growth rate of 15.5% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $58.5 million in FY2024 (+19.6%), $48.93 million in FY2023 (+20.3%), $40.66 million in FY2022 (+12.3%) and $36.22 million in FY2021 (+10.4%).
- The five-year range for quarterly Cost of Revenue is $7.83 million (Q4 2021) to $18.4 million (Q2 2025).
- Year-over-year, Cost of Revenue increased in five of the last seven quarters, with growth averaging 13.4%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2022 (growth of 52.9%), and the weakest in Q3 2025 (a decline of 7.7%).
- Business Quant data shows SMID's Cost of Revenue at $17.27 million (Q1 2026), $17.59 million (Q4 2025) and $15.69 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.06 Bn | 96.80 Bn | 2.26 Bn | 4.09 Bn |
| 2 | Johnson Controls International | 94.64 Bn | 92.40 Bn | 2.47 Bn | 4.14 Bn |
| 3 | Comfort Systems Usa | 60.88 Bn | 56.13 Bn | 844.23 Mn | 2.42 Bn |
| 4 | Carrier Global | 45.43 Bn | 40.06 Bn | 1.94 Bn | 4.41 Bn |
| 5 | Otis Worldwide | 24.39 Bn | 20.99 Bn | 1.14 Bn | 2.72 Bn |
| 6 | James Hardie Industries | 14.50 Bn | 13.23 Bn | 548.70 Mn | 925.90 Mn |
| 7 | Masco | 13.48 Bn | 11.58 Bn | 868.00 Mn | 1.12 Bn |
| 8 | Allegion | 13.12 Bn | 11.83 Bn | 517.50 Mn | 634.00 Mn |
| 9 | Carlisle Companies | 13.11 Bn | 9.46 Bn | 568.40 Mn | 1.00 Bn |
| 10 | Smith Midland | 117.76 Mn | 68.62 Mn | 5.42 Mn | 17.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.94 Mn |
| Mar 31, 2026 | 17.27 Mn |
| Dec 31, 2025 | 17.59 Mn |
| Sep 30, 2025 | 15.69 Mn |
| Jun 30, 2025 | 18.40 Mn |
| Mar 31, 2025 | 15.72 Mn |
| Dec 31, 2024 | 14.15 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Mar 31, 2024 | 12.85 Mn |
| Dec 31, 2023 | 13.27 Mn |
| Sep 30, 2023 | 12.07 Mn |
| Jun 30, 2023 | 12.91 Mn |
| Mar 31, 2023 | 10.68 Mn |
| Dec 31, 2022 | 11.98 Mn |
| Sep 30, 2022 | 9.87 Mn |
| Jun 30, 2022 | 10.02 Mn |
| Mar 31, 2022 | 8.79 Mn |
| Dec 31, 2021 | 7.83 Mn |
| Sep 30, 2021 | 9.90 Mn |
| Jun 30, 2021 | 8.99 Mn |
API Access
Smith Midland Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SMID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SMID", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();