Smith Midland (SMID) Operating Expenses (2011 - 2026)

Smith Midland has disclosed Operating Expenses across 16 years of filings, most recently posting $2.6 million for Q1 2026.

• On a quarterly basis, Operating Expenses fell 0.5% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $6.8 million, a 13.69% decrease from a year earlier, with the FY2025 full-year figure at $9.0 million, down 10.55% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.6 million, up from $2.3 million in the prior quarter.
• The five-year high for Operating Expenses was $2.8 million in Q2 2023, with the low 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 surged 31.57% in 2024, then plunged 30.22% in 2025.
• Year by year, Operating Expenses stood at $2.6 million in 2022, then dropped by 0.04% to $2.6 million in 2023, then dropped by 2.44% to $2.5 million in 2024, then slipped by 9.33% to $2.3 million in 2025, then rose by 12.79% to $2.6 million in 2026.
• Business Quant data shows SMID's Operating Expenses at $2.6 million in Q1 2026, $2.3 million in Q4 2025, and $1.9 million in Q3 2025.