Smith Midland (SMID) Gross Margin (2011 - 2026)

Smith Midland (SMID) has 16 years of Gross Margin data on file, last reported at 19.95% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 5660.0% year-over-year to 19.95%; the trailing twelve-month figure through Mar 2026 stood at 34.2% (down 106.0% YoY), and the FY2025 full-year result was 53.94%, up 2845.0% from the prior year.
• Gross Margin eased to 19.95% in Q1 2026, from 39.94% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 76.55% in Q1 2025 to a low of 70.29% in Q4 2023.
• A 5-year average of 22.16% and a median of 26.28% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin slumped 7854 bps in 2023 and soared 9396 bps in 2024, its largest moves.
• Tracing SMID's Gross Margin over 5 years: stood at 8.25% in 2022, then sank by 952 bps to 70.29% in 2023, then soared by 134 bps to 23.67% in 2024, then jumped by 69 bps to 39.94% in 2025, then sank by 50 bps to 19.95% in 2026.
• Business Quant data shows SMID's Gross Margin at 19.95% in Q1 2026, 39.94% in Q4 2025, and 26.85% in Q3 2025.