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

Smith Midland (SMID) has 16 years of Operating Expenses data on file, last reported at $2.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 0.5% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $6.8 million (down 13.69% YoY), and the FY2025 full-year result was $9.0 million, down 10.55% from the prior year.
• Operating Expenses grew to $2.6 million in Q1 2026, from $2.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.8 million in Q2 2023 to a low of $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.
• Across the five-year window, Operating Expenses jumped 31.57% in 2024 and slumped 30.22% in 2025, its largest moves.
• Tracing SMID's Operating Expenses over 5 years: stood at $2.6 million in 2022, then slipped by 0.04% to $2.6 million in 2023, then slipped by 2.44% to $2.5 million in 2024, then decreased by 9.33% to $2.3 million in 2025, then increased 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.