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Smith Midland (SMID) free cash flow by quarter

Smith Midland's free cash flow was $1.5M in Q1 2026 (first quarter 2026), -76% from Q3 2025. Over the last 3 quarters it ranged from $1.5M (Q1 2026) to $6.3M (Q3 2025).

Smith Midland free cash flow by quarterSmith Midland free cash flow by quarter$1.6MQ1 2025$6.3MQ3 2025$1.5MQ1 2026
QuarterFree cash flowQ/QY/Y
Q1 2026$1.5M-76%-8%
Q3 2025$6.3M+290%—
Q1 2025$1.6M——

Q1 2026 at a glance

Smith Midland, Q1 2026: revenue $21.6M (-5% year over year), operating margin 8.0%, net earnings $1.3M, operating cash flow $3.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Smith Midland's free cash flow?

Smith Midland's free cash flow was $1.5M in Q1 2026 (first quarter 2026), -76% from Q3 2025.

How has Smith Midland's free cash flow changed?

Over the last 3 quarters it ranged from $1.5M (Q1 2026) to $6.3M (Q3 2025).

Q1 2026 results → · How Smith Midland makes money →