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Defiance Daily Target 2x

SMST

$94.92 7.83% Quote Jun 26, 8:00 PM

Exchange NASDAQ Sector Financial Services Industry Asset Management

Q1 2026

Reported

Published: May 8, 2026

Data: Financial Modeling Prep

Company Status Snapshot

Fast view of the latest quarter outcome for SMST

Report Date

May 8, 2026

Quarter Q1 2026

Revenue

78.31M

YoY: +37.3%

EPS

0.17

YoY: +100.3%

Market Move

+7.83%

Previous quarter: Q1 2025

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Earnings Highlights

Net Income

9.58M

YoY: +306.0%

SMST

Company SMST

Period Q1 2026

Currency USD

Report Type Quarterly Earnings

Generated Jun 29, 2026

Swipe to view all report sections

Executive Summary

SMST posted a robust Q1 2026 with notable top-line growth and positive profitability, underscoring continued demand for inverse leveraged exposure within a volatile macro environment. Revenue reached $78.31 million, up 37.28% year-over-year and 19.65% quarter-over-quarter, while EBITDA contributed $16.23 million and the operating income stood at $16.23 million, yielding EBITDA and operating income margins of approximately 20.7%. Net income totaled $9.58 million with an EPS of $0.17, reflecting a meaningful improvement from prior periods.

Key Performance Indicators

Revenue

Increasing

78.31M

QoQ: 19.65% | YoY: 37.28%

Operating Income

Increasing

16.23M

QoQ: -5.87% | YoY: 1.42%

Net Income

Increasing

9.58M

QoQ: 213.93% | YoY: 306.03%

EPS

Increasing

0.17

QoQ: 148.57% | YoY: 100.32%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $78,310,000 in Q1 2026; YoY +37.28%, QoQ +19.65%.
EBITDA: $16,227,000; EBITDA Margin: 20.72%.
Operating Income: $16,227,000; Operating Margin: 20.72%.
Net Income: $9,576,000; Net Income Margin: 12.22%; YoY +306.03%, QoQ +213.93%.
EPS: $0.17; YoY +100.32%, QoQ +148.57%.
Weighted Average Shares Outstanding: 55,237,360 (diluted: 55,274,285).
Interest Expense: -$13,137,000; Other Expenses: -$13,069,000; Total Other Income/Expenses: -$6,982,000.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	78.31M	37.28%	19.65%
Operating Income	16.23M	1.42%	-5.87%
Net Income	9.58M	306.03%	213.93%
EPS	0.17	100.32%	148.57%

Key Financial Ratios

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	78.31	0.17	+37.3%	View
Q1 2025	65.45	-0.35	+13.7%	View
Q4 2024	62.25	12.99	+6.0%	View
Q3 2024	60.16	-0.07	-42.4%	View
Q1 2024	57.04	-0.57	+1.0%	View

Source & Methodology

Data provider: Financial Modeling Prep (FMP). Figures are pulled directly from filed company reports.
Year-over-year (YoY): Each line is compared to the same fiscal quarter one year prior; figures sourced from the company's own filings.
Quote freshness: The price shown above the report is a live quote, separate from the as-filed report numbers. Live quotes can lag a few minutes.
Time zone: Report dates and timestamps follow the company's filing time zone unless otherwise noted.

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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