Smith Midland (SMID) Operating Income (2011 - 2026)
Smith Midland (SMID) posted Operating Income of $1.99 million for Q2 2026, down 64.0% from $5.52 million a year earlier but up 14.9% from the prior quarter.
Powered by 
Analysis
Smith Midland (SMID) Operating Income (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Smith Midland was $10.8 million, down 30.8% year-over-year; for FY2025, it came in at $16.99 million, up 71.7% from FY2024.
- Annual Operating Income has increased for three consecutive years, with a five-year compound annual growth rate of 35.2% (FY2020 to FY2025).
- In prior years, Smith Midland's Operating Income was $9.9 million in FY2024 (+785.4%), $1.12 million in FY2023 (+30.9%), $854,000 in FY2022 (-86.2%) and $6.17 million in FY2021 (+64.1%).
- Quarterly Operating Income has run from a low of -$981,000 in Q2 2023 to a high of $5.52 million in Q2 2025 over five years.
- On a year-over-year basis, Operating Income increased in five of the last seven quarters, with growth averaging 77.2%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q4 2024, with growth of 244.6%; the weakest was Q3 2022, with a decline of 99.7%.
- According to Business Quant data, Operating Income for the three prior quarters was $1.73 million (Q1 2026), $3.24 million (Q4 2025) and $3.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 1.22 Bn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 987.00 Mn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 557.97 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 825.00 Mn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 575.00 Mn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 217.70 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 470.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 254.70 Mn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 352.50 Mn |
| 10 | Smith Midland | 121.00 Mn | 71.86 Mn | 5.42 Mn | 1.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.99 Mn |
| Mar 31, 2026 | 1.73 Mn |
| Dec 31, 2025 | 3.24 Mn |
| Sep 30, 2025 | 3.85 Mn |
| Jun 30, 2025 | 5.52 Mn |
| Mar 31, 2025 | 4.39 Mn |
| Dec 31, 2024 | 1.87 Mn |
| Sep 30, 2024 | 3.85 Mn |
| Mar 31, 2024 | 1.51 Mn |
| Dec 31, 2023 | 542,000.00 |
| Sep 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | -981,000.00 |
| Mar 31, 2023 | 54,000.00 |
| Dec 31, 2022 | -74,000.00 |
| Sep 30, 2022 | 4,000.00 |
| Jun 30, 2022 | 1.10 Mn |
| Mar 31, 2022 | -173,000.00 |
| Dec 31, 2021 | -179,000.00 |
| Sep 30, 2021 | 1.27 Mn |
| Jun 30, 2021 | 1.28 Mn |
API Access
Smith Midland Operating Income 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=operating-income&ticker=SMID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();