Smith-Midland Corporation $(SMID)$ announced its financial results for the second quarter of 2025, reporting a record quarterly revenue of $26.2 million, marking a 33% increase from $19.6 million in the same quarter of the previous year. The company also reported a net income of $4.2 million, or $0.79 per diluted share, more than doubling the $2.0 million, or $0.37 per diluted share, reported in the prior-year quarter. Product sales for the quarter were $13.4 million, slightly up from $13.1 million the previous year. Notably, Soundwall sales significantly increased to $5.2 million from $2.2 million, and Easi-Set and Easi-Span Building Sales rose to $2.9 million from $1.5 million. However, utility product sales decreased to $871,000 from $2.1 million. Service revenue, which includes barrier rentals, royalty income, and shipping and installation, almost doubled to $12.8 million from $6.5 million in the prior-year quarter. Barrier rental revenue notably increased to $5.8 million from $1.4 million, driven by an expansion in the core barrier rental fleet and a special project completed during the quarter. Smith-Midland continues to see increased demand for its products and services, bolstered by greater infrastructure spending. The company is optimistic about its long-term outlook, focusing on strategic growth initiatives and increasing its inventory of rental barriers to meet rising market demand. Backlog as of August 2025 was approximately $54 million, with most projects expected to be completed within 12 months.