Smith-Midland Corporation reported second quarter 2026 financial results for the period ended June 30, 2026. Revenue decreased to $23.4 million from $26.2 million in the prior-year quarter, driven by lower Soundwall and barrier rental revenues compared to a non-recurring special project in 2025. Net income fell to $1.4 million, or $0.26 per diluted share, down from $4.2 million, or $0.79 per diluted share. Gross profit was $5.4 million with a margin of 23.2%, compared to $7.8 million and 29.7% respectively. The company secured a $10 million contract for an I-81 project and awarded a $1.7 million data center project in Louisiana. Backlog increased 19% sequentially to $57.4 million as of August 1, 2026. Smith-Midland develops, manufactures, licenses, rents, and sells precast concrete products and systems for the construction, transportation, and utility industries.

Smith-Midland Corporation issued a press release on June 9, 2026, announcing its financial results for the quarter ended March 1, 2026. Smith-Midland Corporation is a construction materials and precast concrete products company.