Growth Metrics

Smart Sand (SND) Gross Margin (2016 - 2025)

Smart Sand (SND) has 11 years of Gross Margin data on record, last reported at 13.04% in Q4 2025.

  • For Q4 2025, Gross Margin fell 168.0% year-over-year to 13.04%; the TTM value through Dec 2025 reached 11.48%, down 292.0%, while the annual FY2025 figure was 11.48%, 292.0% down from the prior year.
  • Gross Margin reached 13.04% in Q4 2025 per SND's latest filing, down from 16.1% in the prior quarter.
  • Across five years, Gross Margin topped out at 18.72% in Q3 2023 and bottomed at 18.59% in Q4 2021.
  • Average Gross Margin over 5 years is 7.2%, with a median of 13.05% recorded in 2025.
  • Peak YoY movement for Gross Margin: crashed -6236bps in 2021, then skyrocketed 3372bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 18.59% in 2021, then surged by 181bps to 15.13% in 2022, then tumbled by -70bps to 4.57% in 2023, then soared by 222bps to 14.72% in 2024, then fell by -11bps to 13.04% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 13.04% in Q4 2025, 16.1% in Q3 2025, and 10.44% in Q2 2025.