Filing Flows › Smith Midland (SMID) › Gross margin
Smith Midland (SMID) gross margin by quarter
Smith Midland's gross margin was 23.2% in Q2 2026 (second quarter 2026), +3.2 pts from Q1 2026. Over the last 7 quarters it ranged from 19.9% (Q1 2026) to 30.7% (Q1 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 23.2% | +3.2 pts | -6.5 pts |
| Q1 2026 | 19.9% | -3.9 pts | -10.8 pts |
| Q4 2025 | 23.9% | -3.0 pts | +0.2 pts |
| Q3 2025 | 26.8% | -2.9 pts | — |
| Q2 2025 | 29.7% | -1.0 pts | — |
| Q1 2025 | 30.7% | +7.1 pts | — |
| Q4 2024 | 23.7% | — | — |
Q2 2026 at a glance
Smith Midland, Q2 2026: revenue $23.4M (-11% year over year), operating margin 8.5%, net earnings $1.4M, operating cash flow −$485K. The chart follows the revenue to costs, profit and cash.
Questions
What is Smith Midland's gross margin?
Smith Midland's gross margin was 23.2% in Q2 2026 (second quarter 2026), +3.2 pts from Q1 2026.
How has Smith Midland's gross margin changed?
Over the last 7 quarters it ranged from 19.9% (Q1 2026) to 30.7% (Q1 2025).