Filing Flows › Smith Midland (SMID) › Operating margin
Smith Midland (SMID) operating margin by quarter
Smith Midland's operating margin was 8.5% in Q2 2026 (second quarter 2026), +0.5 pts from Q1 2026. Over the last 7 quarters it ranged from 8.0% (Q1 2026) to 21.1% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 8.5% | +0.5 pts | -12.6 pts |
| Q1 2026 | 8.0% | -6.0 pts | -11.3 pts |
| Q4 2025 | 14.0% | -4.0 pts | +3.9 pts |
| Q3 2025 | 18.0% | -3.1 pts | — |
| Q2 2025 | 21.1% | +1.7 pts | — |
| Q1 2025 | 19.3% | +9.2 pts | — |
| Q4 2024 | 10.1% | — | — |
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 operating margin?
Smith Midland's operating margin was 8.5% in Q2 2026 (second quarter 2026), +0.5 pts from Q1 2026.
How has Smith Midland's operating margin changed?
Over the last 7 quarters it ranged from 8.0% (Q1 2026) to 21.1% (Q2 2025).