Fidelity Maryland Municipal Income Fund

SMDMXNASDAQFinancial Services● Active

$10.95

+$0.00(+0.00%)

Market Cap$163267478

P/E Ratio—

52W High$11.14

52W Low$10.48

Avg Volume0

Open$10.95

Beta1.02

Net Income Financials Revenue

Fidelity Maryland Municipal Income Fund (SMDMX) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

SMDMX · net income · updated Jun 14, 2026

Core profitability metrics

SMDMX · net income · margin · TTM · CAGR

Net income was $17.8M for FY2023 (fiscal year ending 2023-12-31), up 121.5% year-over-year. Net profit margin was 84.8%. Based on available data, Fidelity Maryland Municipal Income Fund has been profitable since at least 2012.

FY2023 Net Income$17.8M▲ +121.5% YoY

Trailing 12M (TTM)$17.8Mtrailing 4 quarters sum

Net Profit Margin84.8%$17.8M ÷ $21.0M

YoY Change+121.5%—

5-Year CAGR+57.6%FY2020 → FY2023

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 14, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · SMDMX net income history · SMDMX profit margin

Annual net income data

SMDMX · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2023$17.8M▲ +121.5%84.8%$21.0M

FY2022Loss−$82.8M▼ 520.6%-368.7%$22.4M

FY2021$19.7M▲ +27.3%85.2%$23.1M

FY2020$15.5M▼ 65.1%63.2%$24.5M

FY2019$44.3M▲ +2324.9%161.6%$27.4M

Net income vs peers (Financial Services)

SMDMX vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Fidelity Maryland Municipal Income FundYOU

SMDMX

$17.8M+121.5%84.8%

Berkshire Hathaway Inc.

BRK-B

$66.97B-24.8%18.0%

100%

Berkshire Hathaway Inc.

Mastercard Incorporated

$14.97B+16.3%45.6%

22%

Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Fidelity Maryland Municipal Income Fund (SMDMX) reported net income of $17.8M for FY2023 (fiscal year ending 2023-12-31), up 121.5% year-over-year. The net profit margin was 84.8% — meaning the company kept $0.85 of every dollar of revenue as profit.

Based on available data, Fidelity Maryland Municipal Income Fund has been profitable since at least 2012. Net income reached a peak of $80.1M in FY2012. Data available for 12 fiscal years.

Fidelity Maryland Municipal Income Fund's net profit margin was 84.8% for FY2023, based on the latest annual results.

Investors sometimes search for "Fidelity Maryland Municipal Income Fund net worth" — the company's market capitalization is a separate figure from SMDMX net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

SMDMX net income · 5 questions

Fidelity Maryland Municipal Income Fund is profitable. The company reported net income of $17.8M for FY2023, a net profit margin of 84.8%. Net income was up 121.5% year-over-year. Based on available data, Fidelity Maryland Municipal Income Fund has been profitable since at least 2012.

is SMDMX profitabledoes SMDMX make a profitSMDMX profitabilitySMDMX profitable company

▸ Source: FMP /income-statement · GAAP · Fidelity Maryland Municipal Income Fund · Fidelity Maryland Municipal Income Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 14, 2026