Smith Midland annual operating expenses
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Smith Midland Operating Expenses Growth & History (SMID)
Smith Midland's operating expenses was $9.0M for fiscal 2025.
View full Smith Midland company overviewSmith Midland annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.0M | −$1.1M | −10.55% |
| 2024 | 2024-12-31 | $10.1M | $577,000 | +6.05% |
| 2023 | 2023-12-31 | $9.5M | $919,000 | +10.67% |
| 2022 | 2022-12-31 | $8.6M | $363,000 | +4.40% |
| 2021 | 2021-12-31 | $8.3M | $969,000 | +13.30% |
| 2020 | 2020-12-31 | $7.3M | −$140,000 | −1.89% |
| 2019 | 2019-12-31 | $7.4M | −$851,000 | −10.29% |
| 2018 | 2018-12-31 | $8.3M | $525,000 | +6.78% |
| 2017 | 2017-12-31 | $7.7M | $1.7M | +28.87% |
| 2016 | 2016-12-31 | $6.0M | $479,474 | +8.66% |
| 2015 | 2015-12-31 | $5.5M | $335,422 | +6.45% |
| 2014 | 2014-12-31 | $5.2M | −$213,136 | −3.94% |
| 2013 | 2013-12-31 | $5.4M | $543,335 | +11.16% |
| 2012 | 2012-12-31 | $4.9M | −$343,533 | −6.59% |
| 2011 | 2011-12-31 | $5.2M | — | — |
Smith Midland quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.4M | $1.2M | +51.41% |
| Q1 2026 | 2026-03-31 | $2.6M | −$13,000 | −0.50% |
| Q4 2025 | 2025-12-31 | $2.3M | — | — |
| Q3 2025 | 2025-09-30 | $1.9M | −$825,000 | −30.22% |
| Q2 2025 · Jun 30 | 2025-06-30 | $2.3M | −$192,000 | −7.80% |
| Q1 2025 | 2025-03-31 | $2.6M | $186,000 | +7.74% |
| Q3 2024 | 2024-09-30 | $2.7M | $655,000 | +31.57% |
| Q2 2024 · Jun 30 | 2024-06-30 | $2.5M | −$307,000 | −11.10% |
| Q1 2024 | 2024-03-31 | $2.4M | $290,000 | +13.73% |
| Q4 2023 | 2023-12-31 | $2.6M | −$2,000 | −0.08% |
| Q3 2023 | 2023-09-30 | $2.1M | −$3,000 | −0.14% |
| Q2 2023 | 2023-06-30 | $2.8M | $633,000 | +29.66% |
| Q1 2023 | 2023-03-31 | $2.1M | $291,000 | +15.98% |
| Q4 2022 | 2022-12-31 | $2.6M | $220,000 | +9.31% |
| Q3 2022 | 2022-09-30 | $2.1M | $144,000 | +7.45% |
| Q2 2022 | 2022-06-30 | $2.1M | $98,000 | +4.81% |
| Q1 2022 | 2022-03-31 | $1.8M | −$99,000 | −5.16% |
| Q4 2021 | 2021-12-31 | $2.4M | $317,000 | +15.50% |
| Q3 2021 | 2021-09-30 | $1.9M | $142,000 | +7.92% |
| Q2 2021 | 2021-06-30 | $2.0M | $232,000 | +12.86% |
| Q1 2021 | 2021-03-31 | $1.9M | $278,000 | +16.93% |
| Q4 2020 | 2020-12-31 | $2.0M | $20,000 | +0.99% |
| Q3 2020 | 2020-09-30 | $1.8M | −$48,000 | −2.61% |
| Q2 2020 | 2020-06-30 | $1.8M | $21,000 | +1.18% |
| Q1 2020 | 2020-03-31 | $1.6M | −$133,000 | −7.49% |
| Q4 2019 | 2019-12-31 | $2.0M | −$111,000 | −5.20% |
| Q3 2019 | 2019-09-30 | $1.8M | −$89,000 | −4.61% |
| Q2 2019 | 2019-06-30 | $1.8M | −$282,000 | −13.66% |
| Q1 2019 | 2019-03-31 | $1.8M | −$369,000 | −17.21% |
| Q4 2018 | 2018-12-31 | $2.1M | $77,849 | +3.78% |
| Q3 2018 | 2018-09-30 | $1.9M | −$18,000 | −0.92% |
| Q2 2018 | 2018-06-30 | $2.1M | $281,000 | +15.75% |
| Q1 2018 | 2018-03-31 | $2.1M | $184,151 | +9.40% |
| Q4 2017 | 2017-12-31 | $2.1M | $865,080 | +72.51% |
| Q3 2017 | 2017-09-30 | $1.9M | −$13,000 | −0.66% |
| Q2 2017 | 2017-06-30 | $1.8M | $348,688 | +24.29% |
| Q1 2017 | 2017-03-31 | $2.0M | $535,232 | +37.57% |
| Q4 2016 | 2016-12-31 | $1.2M | −$334,189 | −21.88% |
| Q3 2016 | 2016-09-30 | $2.0M | $593,572 | +43.44% |
| Q2 2016 | 2016-06-30 | $1.4M | $174,195 | +13.81% |
| Q1 2016 | 2016-03-31 | $1.4M | $45,896 | +3.33% |
| Q4 2015 | 2015-12-31 | $1.5M | $302,568 | +24.71% |
| Q3 2015 | 2015-09-30 | $1.4M | $55,387 | +4.22% |
| Q2 2015 | 2015-06-30 | $1.3M | −$92,703 | −6.85% |
| Q1 2015 | 2015-03-31 | $1.4M | $70,170 | +5.36% |
| Q4 2014 | 2014-12-31 | $1.2M | −$226,169 | −15.59% |
| Q3 2014 | 2014-09-30 | $1.3M | $80,785 | +6.57% |
| Q2 2014 | 2014-06-30 | $1.4M | −$85,651 | −5.95% |
| Q1 2014 | 2014-03-31 | $1.3M | $17,899 | +1.39% |
| Q4 2013 | 2013-12-31 | $1.5M | $180,368 | +14.20% |
| Q3 2013 | 2013-09-30 | $1.2M | $83,829 | +7.31% |
| Q2 2013 | 2013-06-30 | $1.4M | $263,862 | +22.44% |
| Q1 2013 | 2013-03-31 | $1.3M | $15,276 | +1.20% |
| Q4 2012 | 2012-12-31 | $1.3M | $12,052 | +0.96% |
| Q3 2012 | 2012-09-30 | $1.1M | −$120,299 | −9.50% |
| Q2 2012 | 2012-06-30 | $1.2M | −$184,333 | −13.55% |
| Q1 2012 | 2012-03-31 | $1.3M | −$50,953 | −3.84% |
| Q4 2011 | 2011-12-31 | $1.3M | — | — |
| Q3 2011 · Sep 30 | 2011-09-30 | $1.3M | −$101,422 | −7.41% |
| Q2 2011 · Jun 30 | 2011-06-30 | $1.4M | $104,789 | +8.35% |
| Q1 2011 | 2011-03-31 | $1.3M | — | — |
| Q3 2011 · Sep 30 | 2010-09-30 | $1.4M | — | — |
| Q2 2011 · Jun 30 | 2010-06-30 | $1.3M | — | — |
Smith Midland operating expenses trends
Over the last five fiscal years, Smith Midland's operating expenses increased from $7.3M to $9.0M, a change of $1.8M. The latest reported quarter, Q2 2026, shows $3.4M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Smith Midland source filings ↗