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Smith-Midland Q2 Revenue Drops to $23.4 Million as Backlog Hits $57.4 Million

Smith-Midland Corporation logoSmith-Midland Corporation
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Smith-Midland Corporation reported second-quarter 2026 revenue of $23.4 million, down from $26.2 million a year earlier. Backlog was about $57.4 million as of August 1, 2026, up 19% from the prior quarter and 6% year over year. Operating income fell to $2.0 million from $5.5 million, with product sales of $11.2 million and service revenue of $12.2 million.

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