Schmitt Industries Net Income

The latest net income for SMIT is $-3.3M as of May 2022. That compares with $-8.1M in the prior-year period — up 59.4% year over year. That is below the Industrials sector average of $27B. Investors often review this figure alongside Schmitt Industries's historical trend and sector peers before judging valuation or financial health.

Over the past year, SMIT's net income moved from $-8.1M to $-3.3M — a 59.4% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Schmitt Industries's operating scale or balance-sheet position.

Against Industrials companies, SMIT currently prints $-3.3M for net income, while the sector average sits near $27B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Schmitt Industries's growth, margins, and balance sheet.

A net income figure of $-3.3M for SMIT is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Industrials average is about $27B. Explore the charts below for those layers of context.

After noting SMIT's net income ($-3.3M), review year-over-year change from $-8.1M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.