Every 8-K that Smith-Midland Corporation (SMID) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SMID and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SMID filings page.
Smith-Midland Corporation reported second quarter 2026 revenue of $23.4 million, down from $26.2 million a year earlier, as results faced a difficult comparison to a large prior-year barrier project. Gross profit was $5.4 million versus $7.8 million, with gross margin declining to 23.2% from 29.7%.
Operating income was $2.0 million compared to $5.5 million, and net income was $1.4 million, or $0.26 per diluted share, versus $4.2 million and $0.79 per diluted share. Product sales were $11.2 million and service revenue $12.2 million. Utility product sales rose to $2.0 million, a 126 percent increase, while barrier rental revenue decreased as a major 2025 project did not recur.
Backlog reached $57.4 million as of August 1, 2026, up from $54 million a year earlier, supported by new awards including a $10 million I-81 contract and additional data center work. Cash was $10.7 million and debt $4.1 million as of June 30, 2026. The company highlights infrastructure demand and plans capacity investments, while noting ongoing inflationary pressures and previously disclosed material weaknesses in internal controls.
Smith-Midland Corporation held its Annual Meeting of Stockholders on July 16, 2026, where stockholders elected all Board nominees. Votes in favor ranged from 2,679,418 to 2,795,320 for the five director candidates, with relatively small withheld vote counts for each.
Stockholders also approved the 2026 Equity Incentive Plan with 2,766,357 votes for, 31,184 against and 1,130 abstentions. In addition, they ratified BDO USA, LLP as the independent registered public accounting firm for the year ending December 31, 2026, by a vote of 2,718,017 for and 80,654 against, with no abstentions.
Smith-Midland reported softer first quarter 2026 earnings as last year’s one-time rental projects did not repeat, though core product demand remained strong. Revenue was $21.6 million, down from $22.7 million a year earlier. Product sales rose 29% to $11.8 million, driven by Easi-Set and Easi-Span buildings, utility products, and about $1.5 million of SlenderWall and architectural panel sales.
Service revenue fell to $9.8 million from $13.6 million as barrier rental revenue dropped to $2.2 million from $8.4 million, reflecting the absence of two large, high-margin projects. Gross profit declined to $4.3 million from $7.0 million, with gross margin at 19.9% versus 30.7%. Operating income was $1.7 million compared to $4.4 million, and net income was $1.3 million, or $0.25 per diluted share, versus $3.3 million and $0.62.
Cash totaled $13.2 million and debt $4.3 million as of March 31, 2026. Backlog was approximately $48.1 million as of May 2025, down from $52.4 million one year earlier. The company expects higher full-year 2026 product sales than in 2025, supported by infrastructure spending and special project opportunities, but management cautions that second quarter 2026 results will not compare favorably to the prior-year quarter due to fewer large barrier rental projects.
Smith-Midland Corporation received a letter from Nasdaq stating it is not in compliance with Nasdaq listing rule 5250(c)(1) because its Form 10-Q for the quarter ended March 31, 2026 has not been filed on time. The notice currently has no immediate effect on the company’s Nasdaq Capital Market listing. The delay stems from the unanticipated resignation of a key accounting staff member, which disrupted the quarter-end close and review process. Smith-Midland has replaced this staff member and is working to complete management’s review and file the quarterly report as soon as practicable, while continuing to highlight broader business risks such as material weaknesses in internal controls and high accounts receivable.
Smith-Midland Corporation reported record 2025 results with strong growth in revenue and profit. Full-year revenue rose 19 percent to $93.4 million, while net income increased 63 percent to $12.5 million, or $2.36 per diluted share. Fourth quarter revenue grew 25 percent to $23.1 million, with net income of $2.1 million, or $0.40 per diluted share.
Growth was broad-based, led by higher Soundwall, SlenderWall, and Easi-Set/Easi-Span building sales, as well as significantly higher barrier rental and shipping and installation service revenue. Full-year gross margin improved to 27.9 percent, reflecting better absorption of fixed costs and special barrier rental projects.
The company ended 2025 with $11.9 million in cash and $4.4 million of debt, after $9.2 million in capital spending. Management expects 2026 product sales volumes to be similar to 2025, with higher recurring barrier rentals but lower revenue from special barrier projects, and reported a backlog of approximately $53.1 million as of March 2025.
Smith-Midland Corporation expects strong preliminary results for 2025, with full-year revenue projected between $92 and $94 million, about a 18% increase from 2024 at the midpoint. The company also anticipates record annual net income, subject to final adjustments.
For the fourth quarter of 2025, revenue is expected to be $22–$24 million, up from $18.5 million a year earlier, driven mainly by higher product sales plus shipping and installation revenue. Management attributes performance to infrastructure demand and its growth strategy, including expanding the rental barrier fleet.
Smith-Midland Corporation (SMID) reported that it furnished a press release announcing financial results for the quarter ended September 30, 2025. The company disclosed this via an 8-K, Item 2.02, dated November 13, 2025, and attached the press release as Exhibit 99.1.
The company stated the information in Exhibit 99.1 is being furnished, not filed, under the Exchange Act, and therefore is not subject to Section 18 liabilities nor incorporated by reference unless specifically stated. Additional materials include the Cover Page Inline XBRL as Exhibit 104.
Smith-Midland Corporation furnished an investor presentation in connection with a current report dated August 21, 2025. The company has prepared presentation materials that management intends to use on and after August 27, 2025 in discussions about its operations and performance with investors, lenders, customers, employees, and other stakeholders.
The presentation is attached as Exhibit 99.1 and will also be posted in the Investor Relations section of Smith-Midland’s website under “Investors-Presentation,” with future updates expected to be posted similarly. The company emphasizes that the materials are summary in nature, should be read together with its SEC filings, and are being furnished rather than filed, so they are not subject to certain Exchange Act liability provisions or automatically incorporated into other filings.
The presentation includes forward-looking statements based on current estimates and assumptions and highlights that actual results could differ materially due to various risks and uncertainties described in Smith-Midland’s annual and quarterly reports. The company states it has no obligation to update these forward-looking statements after the date of the presentation.
Smith-Midland Corporation filed a current report to note that it has released its financial results for the quarter ended June 30, 2025. On August 14, 2025, the company issued a press release with these quarterly results, which is included as Exhibit 99.1.
The press release is being furnished under a results of operations and financial condition item and is not treated as filed for liability purposes under the Exchange Act, unless specifically incorporated by reference in another filing.