SmartFinancial, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2012 | — | 43.4% | 9.0% |
| FY2013 | — | 37.0% | 10.0% |
| FY2014 | — | 25.2% | 9.2% |
| FY2015 | — | 21.7% | 5.5% |
| FY2016 | — | 31.7% | 13.7% |
| FY2017 | — | 33.4% | 9.8% |
| FY2018 | — | 44.3% | 21.7% |
| FY2019 | — | 58.5% | 26.8% |
| FY2020 | — | 41.0% | 20.9% |
| FY2021 | — | 40.9% | 25.3% |
| FY2022 | — | 46.1% | 26.0% |
| FY2023 | — | 81.5% | 18.8% |
| FY2024 | — | 26.5% | 21.1% |
| FY2025 | — | 30.7% | 25.1% |