Smith Midland (SMID) Research & Development (2011 - 2022)

Smith Midland has disclosed Research & Development across 12 years of filings, most recently posting $828000.0 for Q4 2022.

• In Q4 2022, Research & Development changed 0.24% year-over-year to $828000.0; the TTM figure through Dec 2022 stood at $3.1 million (up 8.04% YoY), while the FY2023 annual figure was $3.5 million, up 15.67% from the prior year.
• Research & Development came in at $828000.0 for Q4 2022 at Smith Midland, down from $849000.0 in the prior quarter.
• In the past five years, Research & Development ranged from a high of $849000.0 in Q3 2022 to a low of $521000.0 in Q3 2020.
• Average Research & Development over 5 years is $666550.0, with a median of $651000.0 recorded in 2019.
• Year-over-year, Research & Development fell 27.34% in 2020 and jumped 38.0% in 2021.
• Over 5 years, Research & Development stood at $686000.0 in 2018, then dropped by 10.79% to $612000.0 in 2019, then dropped by 0.33% to $610000.0 in 2020, then surged by 35.41% to $826000.0 in 2021, then advanced by 0.24% to $828000.0 in 2022.
• Per Business Quant data, the three most recent Research & Development figures were $828000.0 in Q4 2022, $849000.0 in Q3 2022, and $725000.0 in Q2 2022.