SMIDNasdaqConcrete Products, Except Block & Brick

Smith Midland Corp (SMID) earnings date, market-implied expected move, and options open interest by expiry

24.85

Regular session15:54 ET

Open25.00Volume12,549Mkt cap$130.9MP/E16.94

Day24.80 – 25.0025%52-wk20.89 – 40.0021%

SMID

Smith Midland Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Nov 13

after close · in 8 days

est.Q3 FY26

Calendar

Next report

Last report

+1.17%

shaded = implied · ▲▼ = realized

Aug 14 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−0.39%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

54 managers

Top fund weight

0.00%

SMID weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Smith Midland (SMID) is expected to report on Nov 13 after close (estimated date).

Implied vs realized

8 reports

—≥ implied

Nov 14 '24Nov 14 '24confirmed—▲+18.91%—

May 27 '25May 27 '25confirmed—▲+5.97%—

Jul 10 '25Jul 10 '25confirmed—▲+7.50%—

Aug 14 '25Aug 14 '25confirmed—▲+0.83%—

Q3 FY25Nov 14 '25confirmed—▼−0.66%—

Q1 FY26Apr 14 '26confirmed—▼−1.09%—

Q2 FY26Jun 9 '26confirmed—▼−8.67%—

Aug 14 '26Aug 14 '26confirmed—▲+1.17%—

quarterimplied−20%0+20%realized×

Aug '26—▲+1.17%—

Q2 FY26—▼−8.67%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

No open-interest data.

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

5.91%as filednet margin · revenue +8.30% QoQ · −10.78% YoY

Revenue

$23M+8.30% QoQ

Gross profit

$5M+25.94% QoQ

23.19% margin

Operating income

$2M+14.87% QoQ

8.50% margin

Pre-tax income

$2M+3.07% QoQ

Net income

$1M+3.14% QoQ

5.91% margin

Cost of revenue

$18M+3.91% QoQ

Operating expenses

$3M+33.36% QoQ

Other expense

$170,000

Tax

$434,000+2.84% QoQ

Revenue$23M+8.30%

Gross profit

$5M+25.94%

23.19% margin

Operating income

$2M+14.87%

8.50% margin

Pre-tax income

$2M+3.07%

Net income

$1M+3.14%

5.91% margin

Cost of revenue

$18M+3.91%

Operating expenses

$3M+33.36%

Other expense

$170,000

Tax$434,000+2.84%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 15:45 ET

Intraday

Event sensitivity

FOMC ×1.07· ±2.9% vs ±2.7% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.9%10 of 24×1.07

PPIproducer prices±2.6%5 of 10×0.93

CPROFcorporate profits±2.5%9 of 12×0.93

PCEpersonal income & outlays±2.5%10 of 19×0.92

NFPjobs report±2.5%3 of 10×0.90

CPIconsumer prices±2.3%7 of 10×0.85

GDPgross domestic product±2.2%12 of 19×0.81

Bar = avg |move| to ±3% · tick = ±2.7% avg day · ×base = |move| ÷ ±2.7% · min 6 releases

Earnings history

EPS 0.26 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jun 9 '26 · confirmed	0.26	—
Q1 FY26	Apr 14 '26 · confirmed	0.25	—
Q3 FY25	Nov 14 '25 · confirmed	0.54	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod