vs

Side-by-side financial comparison of Dominari Holdings Inc. (DOMH) and SMITH MIDLAND CORP (SMID). Click either name above to swap in a different company.

Dominari Holdings Inc. is the larger business by last-quarter revenue ($30.1M vs $23.1M, roughly 1.3× SMITH MIDLAND CORP). SMITH MIDLAND CORP runs the higher net margin — 9.2% vs -438.1%, a 447.3% gap on every dollar of revenue. On growth, Dominari Holdings Inc. posted the faster year-over-year revenue change (220.4% vs 24.7%). Over the past eight quarters, Dominari Holdings Inc.'s revenue compounded faster (369.1% CAGR vs 17.4%).

Smith Midland Corp is a specialized manufacturer of precast concrete products for infrastructure, commercial, residential and industrial construction uses. Its key product lines include highway safety barriers, acoustic sound walls, architectural precast panels, and stormwater management systems, serving primarily the North American market with durable, sustainable construction solutions.

DOMH vs SMID — Head-to-Head

Bigger by revenue
DOMH
DOMH
1.3× larger
DOMH
$30.1M
$23.1M
SMID
Growing faster (revenue YoY)
DOMH
DOMH
+195.7% gap
DOMH
220.4%
24.7%
SMID
Higher net margin
SMID
SMID
447.3% more per $
SMID
9.2%
-438.1%
DOMH
Faster 2-yr revenue CAGR
DOMH
DOMH
Annualised
DOMH
369.1%
17.4%
SMID

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DOMH
DOMH
SMID
SMID
Revenue
$30.1M
$23.1M
Net Profit
$-131.8M
$2.1M
Gross Margin
57.5%
Operating Margin
-8.9%
37.8%
Net Margin
-438.1%
9.2%
Revenue YoY
220.4%
24.7%
Net Profit YoY
-12426.2%
52.5%
EPS (diluted)
$-6.94
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOMH
DOMH
SMID
SMID
Q4 25
$30.1M
$23.1M
Q3 25
$50.8M
$21.5M
Q2 25
$34.1M
$26.2M
Q1 25
$8.1M
$22.7M
Q4 24
$9.4M
$18.5M
Q3 24
$4.0M
$23.6M
Q2 24
$6.2M
$19.6M
Q1 24
$1.4M
$16.8M
Net Profit
DOMH
DOMH
SMID
SMID
Q4 25
$-131.8M
$2.1M
Q3 25
$125.2M
$2.9M
Q2 25
$16.6M
$4.2M
Q1 25
$-32.5M
$3.3M
Q4 24
$1.1M
$1.4M
Q3 24
$-4.2M
$3.1M
Q2 24
$-6.1M
$2.0M
Q1 24
$-5.4M
$1.1M
Gross Margin
DOMH
DOMH
SMID
SMID
Q4 25
57.5%
Q3 25
26.8%
Q2 25
0.0%
Q1 25
30.7%
Q4 24
51.4%
Q3 24
27.9%
Q2 24
0.0%
Q1 24
23.3%
Operating Margin
DOMH
DOMH
SMID
SMID
Q4 25
-8.9%
37.8%
Q3 25
-3.1%
18.0%
Q2 25
-57.0%
0.0%
Q1 25
-394.6%
19.3%
Q4 24
0.4%
24.5%
Q3 24
-79.1%
16.3%
Q2 24
-44.3%
0.0%
Q1 24
-205.2%
9.0%
Net Margin
DOMH
DOMH
SMID
SMID
Q4 25
-438.1%
9.2%
Q3 25
246.4%
13.4%
Q2 25
48.7%
15.9%
Q1 25
-400.5%
14.7%
Q4 24
11.4%
7.5%
Q3 24
-104.2%
13.4%
Q2 24
-99.1%
10.1%
Q1 24
-398.0%
6.8%
EPS (diluted)
DOMH
DOMH
SMID
SMID
Q4 25
$-6.94
$0.41
Q3 25
$7.27
$0.54
Q2 25
$1.12
$0.79
Q1 25
$-3.02
$0.62
Q4 24
$0.21
$0.28
Q3 24
$-0.67
$0.59
Q2 24
$-1.01
$0.37
Q1 24
$-0.91
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOMH
DOMH
SMID
SMID
Cash + ST InvestmentsLiquidity on hand
$80.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$69.4M
$54.3M
Total Assets
$112.9M
$87.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOMH
DOMH
SMID
SMID
Q4 25
$80.5M
Q3 25
$176.2M
Q2 25
$28.2M
Q1 25
$18.9M
Q4 24
$8.2M
Q3 24
$7.2M
Q2 24
$12.1M
Q1 24
$7.1M
Stockholders' Equity
DOMH
DOMH
SMID
SMID
Q4 25
$69.4M
$54.3M
Q3 25
$210.2M
$52.1M
Q2 25
$88.6M
$49.2M
Q1 25
$42.4M
$45.1M
Q4 24
$39.9M
$41.7M
Q3 24
$38.3M
$40.3M
Q2 24
$42.4M
$37.2M
Q1 24
$47.7M
$35.3M
Total Assets
DOMH
DOMH
SMID
SMID
Q4 25
$112.9M
$87.7M
Q3 25
$223.4M
$85.4M
Q2 25
$109.3M
$81.2K
Q1 25
$52.3M
$74.7M
Q4 24
$47.1M
$68.0M
Q3 24
$43.4M
$66.6M
Q2 24
$49.1M
$64.0M
Q1 24
$52.2M
$64.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOMH
DOMH
SMID
SMID
Operating Cash FlowLast quarter
$22.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOMH
DOMH
SMID
SMID
Q4 25
$22.7M
Q3 25
$-4.9M
$11.7M
Q2 25
$-353.0K
Q1 25
$1.2M
$2.2M
Q4 24
$-16.7M
$-645.0K
Q3 24
$-4.7M
$3.9M
Q2 24
$1.4M
$2.7M
Q1 24
$-8.6M
$-777.0K
Free Cash Flow
DOMH
DOMH
SMID
SMID
Q4 25
Q3 25
$6.3M
Q2 25
Q1 25
$1.6M
Q4 24
$-1.3M
Q3 24
$1.8M
Q2 24
$998.0K
Q1 24
$-2.6M
FCF Margin
DOMH
DOMH
SMID
SMID
Q4 25
Q3 25
29.5%
Q2 25
Q1 25
7.1%
Q4 24
-7.0%
Q3 24
7.8%
Q2 24
5.1%
Q1 24
-15.3%
Capex Intensity
DOMH
DOMH
SMID
SMID
Q4 25
Q3 25
25.1%
Q2 25
Q1 25
2.6%
Q4 24
3.6%
Q3 24
8.6%
Q2 24
8.7%
Q1 24
10.7%
Cash Conversion
DOMH
DOMH
SMID
SMID
Q4 25
Q3 25
-0.04×
4.07×
Q2 25
-0.02×
Q1 25
0.67×
Q4 24
-15.65×
-0.46×
Q3 24
1.23×
Q2 24
1.37×
Q1 24
-0.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOMH
DOMH

Chief Operating Decision Maker$30.1M100%
Commissions$458.0K2%

SMID
SMID

Product Sales$13.8M60%
Service Revenue$9.3M40%

Related Comparisons