• Smith-Midland posted Q1 net income of $1.3 million, or $0.25 per diluted share, down from $3.3 million and $0.62 a year earlier.
• Revenue slipped to $21.6 million from $22.7 million, even as product sales rose 29% to $11.8 million.
• Gross profit fell to $4.3 million from $7 million; gross margin narrowed 10.8 percentage points to 19.9%.
• Service revenue dropped to $9.8 million from $13.6 million on barrier rental revenue of $2.2 million versus $8.4 million, reflecting no repeat of two special projects.
• Ashley Smith said demand for Easi-Set and Easi-Span buildings, utility vaults, SlenderWall and architectural panels is expected to sustain through 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smith-Midland Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606091630ACCESSWRNAPR_____1174483) on June 09, 2026, and is solely responsible for the information contained therein.