Either/Or is the third studio album by American singer-songwriter Elliott Smith. Either/Or was recorded in several locations, mostly in Portland, Oregon – while Smith was still a member of Heatmiser – and was produced by Smith, Tom Rothrock and Rob Schnapf. Either/Or was recorded sometime between 1995 and 1996 and released on February 25, 1997, on the Kill Rock Stars record label, following Heatmiser's dissolution. Promoted with two singles, "Speed Trials" and "Ballad of Big Nothing", Either/Or did not chart in the US, but was acclaimed by critics.