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Side-by-side financial comparison of Sol-Gel Technologies Ltd. (SLGL) and SMITH MIDLAND CORP (SMID). Click either name above to swap in a different company.
SMITH MIDLAND CORP is the larger business by last-quarter revenue ($23.1M vs $17.3M, roughly 1.3× Sol-Gel Technologies Ltd.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs 9.2%, a 58.0% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs 24.7%).
Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.
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.
SLGL vs SMID — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $17.3M | $23.1M |
| Net Profit | $11.6M | $2.1M |
| Gross Margin | — | 57.5% |
| Operating Margin | 65.1% | 37.8% |
| Net Margin | 67.3% | 9.2% |
| Revenue YoY | 217.7% | 24.7% |
| Net Profit YoY | 487.6% | 52.5% |
| EPS (diluted) | $4.17 | $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.
| Q4 25 | — | $23.1M | ||
| Q3 25 | — | $21.5M | ||
| Q2 25 | $17.3M | $26.2M | ||
| Q1 25 | — | $22.7M | ||
| Q4 24 | — | $18.5M | ||
| Q3 24 | — | $23.6M | ||
| Q2 24 | $5.4M | $19.6M | ||
| Q1 24 | — | $16.8M |
| Q4 25 | — | $2.1M | ||
| Q3 25 | — | $2.9M | ||
| Q2 25 | $11.6M | $4.2M | ||
| Q1 25 | — | $3.3M | ||
| Q4 24 | — | $1.4M | ||
| Q3 24 | — | $3.1M | ||
| Q2 24 | $2.0M | $2.0M | ||
| Q1 24 | — | $1.1M |
| 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% |
| Q4 25 | — | 37.8% | ||
| Q3 25 | — | 18.0% | ||
| Q2 25 | 65.1% | 0.0% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | — | 16.3% | ||
| Q2 24 | 29.9% | 0.0% | ||
| Q1 24 | — | 9.0% |
| Q4 25 | — | 9.2% | ||
| Q3 25 | — | 13.4% | ||
| Q2 25 | 67.3% | 15.9% | ||
| Q1 25 | — | 14.7% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 13.4% | ||
| Q2 24 | 36.4% | 10.1% | ||
| Q1 24 | — | 6.8% |
| Q4 25 | — | $0.41 | ||
| Q3 25 | — | $0.54 | ||
| Q2 25 | $4.17 | $0.79 | ||
| Q1 25 | — | $0.62 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $0.59 | ||
| Q2 24 | $0.71 | $0.37 | ||
| Q1 24 | — | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.3M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $31.9M | $54.3M |
| Total Assets | $39.3M | $87.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $24.3M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $26.5M | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $54.3M | ||
| Q3 25 | — | $52.1M | ||
| Q2 25 | $31.9M | $49.2M | ||
| Q1 25 | — | $45.1M | ||
| Q4 24 | — | $41.7M | ||
| Q3 24 | — | $40.3M | ||
| Q2 24 | $34.9M | $37.2M | ||
| Q1 24 | — | $35.3M |
| Q4 25 | — | $87.7M | ||
| Q3 25 | — | $85.4M | ||
| Q2 25 | $39.3M | $81.2K | ||
| Q1 25 | — | $74.7M | ||
| Q4 24 | — | $68.0M | ||
| Q3 24 | — | $66.6M | ||
| Q2 24 | $42.0M | $64.0M | ||
| Q1 24 | — | $64.9M |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SLGL
Segment breakdown not available.
SMID
| Product Sales | $13.8M | 60% |
| Service Revenue | $9.3M | 40% |
