Smith Midland (SMID) Operating Expenses (2011 - 2026)
Smith Midland (SMID) posted Operating Expenses of $2.6 million for Q1 2026, up 12.79% sequentially from $2.3 million in Q4 2025, and down 0.5% YoY from $2.6 million in Q1 2025.
Smith Midland (SMID) Operating Expenses (2011 - 2026) Analysis & Trends
Smith Midland has reported Operating Expenses for 16 years, with the latest figure at $2.6 million in Q1 2026.
- Quarterly Operating Expenses fell 0.5% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.8 million (down 13.69% YoY) and the FY2025 annual result came in at $9.0 million, down 10.55% from the prior year.
- Operating Expenses grew to $2.6 million in Q1 2026 per SMID's latest filing, from $2.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $2.8 million in Q2 2023 and troughed at $1.8 million in Q1 2022.
- A 5-year average of $2.3 million and a median of $2.4 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 31.57% in 2024, then plunged 30.22% in 2025.
- Over 5 years, Operating Expenses stood at $2.6 million in 2022, then fell by 0.04% to $2.6 million in 2023, then fell by 2.44% to $2.5 million in 2024, then declined by 9.33% to $2.3 million in 2025, then advanced by 12.79% to $2.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.6 million, $2.3 million, and $1.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 62.28 Bn | 59.20 Bn | 4.29 Bn | 2.27 Bn |
| 2 | Vulcan Materials | 35.14 Bn | 34.95 Bn | 625.50 Mn | 141.30 Mn |
| 3 | Martin Marietta Materials | 31.62 Bn | 31.50 Bn | 495.00 Mn | 134.00 Mn |
| 4 | Amrize | 24.68 Bn | 23.95 Bn | 993.00 Mn | 283.00 Mn |
| 5 | James Hardie Industries | 17.42 Bn | 17.13 Bn | 548.70 Mn | 327.40 Mn |
| 6 | Cemex Sab De Cv | 15.28 Bn | 15.28 Bn | 1.62 Bn | -937.35 Mn |
| 7 | Eagle Materials | 6.28 Bn | 6.04 Bn | 161.25 Mn | 20.20 Mn |
| 8 | Knife River | 3.76 Bn | 3.66 Bn | 162.77 Mn | 81.65 Mn |
| 9 | United States Lime & Minerals | 3.47 Bn | 3.07 Bn | 46.72 Mn | 6.07 Mn |
| 10 | Smith Midland | 147.85 Mn | 137.19 Mn | 5.42 Mn | 3.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.58 Mn |
| Dec 31, 2025 | 2.28 Mn |
| Sep 30, 2025 | 1.91 Mn |
| Mar 31, 2025 | 2.59 Mn |
| Dec 31, 2024 | 2.52 Mn |
| Sep 30, 2024 | 2.73 Mn |
| Mar 31, 2024 | 2.40 Mn |
| Dec 31, 2023 | 2.58 Mn |
| Sep 30, 2023 | 2.08 Mn |
| Jun 30, 2023 | 2.77 Mn |
| Mar 31, 2023 | 2.11 Mn |
| Dec 31, 2022 | 2.58 Mn |
| Sep 30, 2022 | 2.08 Mn |
| Jun 30, 2022 | 2.13 Mn |
| Mar 31, 2022 | 1.82 Mn |
| Dec 31, 2021 | 2.36 Mn |
| Sep 30, 2021 | 1.93 Mn |
| Jun 30, 2021 | 2.04 Mn |
| Mar 31, 2021 | 1.92 Mn |
| Dec 31, 2020 | 2.05 Mn |