Growth Metrics

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

Smart Sand has reported Net Margin over the past 11 years, most recently at 1.37% for Q4 2025.

  • Quarterly results put Net Margin at 1.37% for Q4 2025, down 272.0% from a year ago — trailing twelve months through Dec 2025 was 0.41% (down 55.0% YoY), and the annual figure for FY2025 was 0.41%, down 55.0%.
  • Net Margin for Q4 2025 was 1.37% at Smart Sand, down from 3.24% in the prior quarter.
  • Over the last five years, Net Margin for SND hit a ceiling of 24.95% in Q2 2025 and a floor of 92.0% in Q2 2021.
  • Median Net Margin over the past 5 years was 0.21% (2024), compared with a mean of 8.42%.
  • Biggest five-year swings in Net Margin: plummeted -17605bps in 2021 and later surged 9187bps in 2022.
  • Smart Sand's Net Margin stood at 34.87% in 2021, then skyrocketed by 110bps to 3.56% in 2022, then tumbled by -317bps to 7.73% in 2023, then surged by 153bps to 4.09% in 2024, then tumbled by -67bps to 1.37% in 2025.
  • The last three reported values for Net Margin were 1.37% (Q4 2025), 3.24% (Q3 2025), and 24.95% (Q2 2025) per Business Quant data.