Smith-Midland Corporation (SMID) quarterly cash flow statement — complete operating, investing & financing history
Smith-Midland Corporation (SMID) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -485K | 3.13M | 2.59M | 9.31M | 183K | 2.22M | -645K | 3.87M | 2.71M | -777K | 4.27M | 2.38M | 2.64M | -1.55M | -3M | -648K | -1.49M | -1.19M | 1.56M | 1.86M |
| Operating CF Margin % | -2.08% | 14.51% | 11.19% | 43.42% | 0.7% | 9.77% | -3.48% | 16.42% | 13.78% | -4.64% | 26.05% | 15.21% | 17.94% | -12.11% | -20.72% | -5.42% | -11.26% | -11.43% | 15.61% | 14.2% |
| Operating CF Growth % | -365.03% | 41.18% | 501.09% | 140.49% | -93.24% | 385.33% | -115.11% | 62.66% | 2.65% | 50.03% | 242.25% | 467.44% | 276.74% | -30.34% | -291.88% | -134.84% | -206.57% | -127.73% | 3.64% | -45.23% |
| Net Income | 1.38M | 1.34M | 2.13M | 2.88M | 4.17M | 3.33M | 1.4M | 3.15M | 1.98M | 1.15M | 230K | 1.27M | -781K | 80K | 4K | 5K | 910K | -119K | 24K | 3.69M |
| Depreciation & Amortization | 1.03M | 951K | 972K | 613K | 631K | 671K | 668K | 702K | 653K | 641K | 604K | 619K | 582K | 594K | 754K | 727K | 697K | 703K | 695K | 658K |
| Stock-Based Compensation | 0 | 15K | 46K | 3K | 6K | 4K | 5K | 5K | 30K | 5K | 114K | 90K | 86K | 85K | 126K | 126K | 127K | 126K | 273K | 86K |
| Deferred Taxes | 4K | 0 | 976K | 0 | 0 | -10K | -1.16M | 1K | -1K | -1K | -434K | -96K | 95K | 1K | 135K | -5K | -5K | 5K | -503K | 1K |
| Other Non-Cash Items | 219K | 112K | -669K | -162K | 106K | 92K | 67K | 153K | 162K | -205K | -61K | -173K | -142K | 10K | 329K | -74K | -11K | -9K | -14K | -2.87M |
| Working Capital Changes | -3.12M | 713K | -869K | 5.98M | -4.73M | -1.87M | -1.63M | -138K | -118K | -2.36M | 3.82M | 675K | 2.8M | -2.33M | -4.35M | -1.43M | -3.21M | -1.9M | 1.09M | 292K |
| Change in Receivables | 3.93M | -1.6M | -918K | 4.86M | -7.83M | -3.18M | -2.06M | -824K | 2.63M | -3.1M | 815K | -658K | 3.12M | -3.34M | -3.39M | -463K | -636K | -2.09M | 2.18M | -603K |
| Change in Inventory | -1.32M | -289K | 984K | -705K | 299K | -807K | -449K | 426K | 283K | -1.8M | -961K | 544K | 239K | -1.17M | 166K | -453K | -206K | -480K | 351K | -453K |
| Change in Payables | -1.76M | 1.97M | -602K | 263K | 744K | 37K | -1.11M | 29K | -1.55M | -392K | 1.86M | -208K | -756K | 624K | 1.24M | 845K | 207K | 1.45M | -1.09M | 222K |
| Cash from Investing | -1.93M | -1.63M | -3.94M | -2.87M | -1.92M | -595K | -632K | -2.02M | -2.06M | -1.44M | -785K | -1.1M | -1.69M | -1.08M | -904K | -818K | -752K | -157K | -2.89M | 87K |
| Capital Expenditures | -1.93M | -1.63M | -3.96M | -2.87M | -1.92M | -595K | -660K | -2.04M | -1.71M | -1.79M | -879K | -1.16M | -1.81M | -1.16M | 990K | -1.78M | -1.77M | -196K | -4.16M | -284K |
| CapEx % of Revenue | 8.24% | 7.56% | 17.12% | 13.37% | 7.33% | 2.62% | 3.56% | 8.65% | 8.7% | 10.71% | 5.36% | 7.39% | 12.31% | 9.06% | 6.83% | 14.86% | 13.33% | 1.88% | 41.5% | 2.17% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15K | 38K | 26K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 20K | 0 | 0 | 0 | 28K | 22K | -352K | 355K | 94K | 53K | 117K | 82K | -1.91M | 921K | 988K | 39K | 1.27M | 378K |
| Cash from Financing | -145K | -166K | -143K | -172K | -168K | -164K | -188K | -131K | -159K | -157K | -158K | -155K | -153K | -153K | -177K | -151K | -149K | 2.68M | -177K | -146K |
| Debt Issued (Net) | -145K | -166K | -143K | -172K | -168K | -164K | -188K | -131K | -159K | -157K | -158K | -155K | -153K | -153K | -152K | -151K | -149K | 2.68M | -177K | -146K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25K | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -2.56M | 1.33M | -1.49M | 6.28M | -1.91M | 1.46M | -1.47M | 1.73M | 487K | -2.37M | 3.33M | 1.12M | 791K | -2.79M | -4.08M | -1.62M | -2.39M | 1.33M | -1.5M | 1.8M |
| Free Cash Flow | -2.41M | 1.5M | -1.37M | 6.45M | -1.74M | 1.62M | -1.3M | 1.83M | 998K | -2.57M | 3.39M | 1.22M | 827K | -2.72M | -2.01M | -2.42M | -3.26M | -1.39M | -2.59M | 1.58M |
| FCF Margin % | -10.32% | 6.95% | -5.92% | 30.05% | -6.63% | 7.15% | -7.04% | 7.78% | 5.08% | -15.35% | 20.68% | 7.82% | 5.63% | -21.17% | -13.88% | -20.28% | -24.58% | -13.31% | -25.89% | 12.03% |
| FCF Growth % | -38.75% | -7.52% | -4.9% | 251.53% | -274.05% | 163.06% | -138.5% | 49.84% | 20.68% | 5.41% | 268.57% | 150.47% | 125.38% | -95.75% | 22.45% | -253.87% | -483.29% | -135.38% | -287.49% | -51.07% |
| FCF per Share | -0.45 | 0.28 | -0.26 | 1.22 | -0.33 | 0.31 | -0.25 | 0.35 | 0.19 | -0.48 | 0.64 | 0.23 | 0.16 | -0.51 | -0.38 | -0.46 | -0.62 | -0.27 | -0.49 | 0.30 |
| FCF Conversion (FCF/Net Income) | -0.35x | 2.34x | 1.21x | 3.24x | 0.04x | 0.67x | -0.46x | 1.23x | 1.37x | -0.68x | 18.56x | 1.88x | -3.37x | -19.44x | -750.25x | -129.60x | -1.64x | 10.03x | 65.17x | 0.50x |
| Interest Paid | 0 | 47K | 64K | 44K | 62K | 55K | 48K | 56K | 59K | 60K | 63K | 64K | 64K | 64K | 73K | 69K | 70K | 48K | 45K | 47K |
| Taxes Paid | 0 | 0 | 3.45M | 41K | 0 | 0 | 698K | 1.56M | 0 | 0 | 183K | 0 | 0 | 0 | 81K | 0 | 2.18M | 0 | 204K | 0 |