Smart Sand (SND) Operating Margin (2015 - 2026)
Smart Sand (SND) posted Operating Margin of 8.74% for Q2 2026, up 266.93% on a QoQ basis from 5.23% in Q1 2026, and up 883.0% year-over-year from 0.89% in Q2 2025.
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Analysis
Smart Sand (SND) Operating Margin (2015 - 2026) Analysis & Trends
Smart Sand has reported Operating Margin for 12 years, with the latest figure at 8.74% in Q2 2026.
- On a quarterly basis, Operating Margin rose 883.0% year-over-year to 8.74% in Q2 2026; TTM through Jun 2026 was 2.03%, a 479.0% increase from a year earlier, with the FY2025 full-year figure at 1.35%, down 232.0% from the prior year.
- Operating Margin was 8.74% for Q2 2026 at Smart Sand, up from 5.23% in the prior quarter.
- The five-year high for Operating Margin was 8.74% in Q2 2026, with the low at 23.91% in Q1 2022.
- Average Operating Margin over 5 years is 1.19%, with a median of 1.48% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Margin soared 9875 bps in 2022, then plunged 1500 bps in 2023.
- Over 5 years, Operating Margin stood at 2.24% in 2022, then sank by 669 bps to 12.76% in 2023, then jumped by 131 bps to 3.94% in 2024, then slumped by 180 bps to 3.14% in 2025, then soared by 378 bps to 8.74% in 2026.
- The last three Operating Margin figures came in at 8.74% (Q2 2026), 5.23% (Q1 2026), and 3.14% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Materion | 5.36 Bn | 5.34 Bn | 104.34 Mn | 8.42% |
| 2 | United States Lime & Minerals | 3.36 Bn | 2.96 Bn | 46.72 Mn | 41.01% |
| 3 | Minerals Technologies | 2.14 Bn | 1.80 Bn | 133.80 Mn | -40.17% |
| 4 | Atlas Energy Solutions | 1.77 Bn | 1.60 Bn | 25.86 Mn | -7.69% |
| 5 | Compass Minerals International | 1.05 Bn | 992.25 Mn | 37.90 Mn | 5.06% |
| 6 | Oil-Dri Corp of America | 846.29 Mn | 783.35 Mn | 33.73 Mn | 13.53% |
| 7 | ContextLogic Holdings | 663.19 Mn | 663.19 Mn | 16.30 Mn | -4.38% |
| 8 | Nouveau Monde Graphite | 207.94 Mn | -125.04 Mn | - | - |
| 9 | Smart Sand | 204.15 Mn | 193.95 Mn | 19.83 Mn | 8.74% |
| 10 | Graftech International | 173.41 Mn | 28.05 Mn | -422,000.00 | -11.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.74% |
| Mar 31, 2026 | -5.23% |
| Dec 31, 2025 | -3.14% |
| Sep 30, 2025 | 5.79% |
| Jun 30, 2025 | -0.09% |
| Mar 31, 2025 | -10.75% |
| Dec 31, 2024 | 3.94% |
| Sep 30, 2024 | -7.78% |
| Jun 30, 2024 | 4.78% |
| Mar 31, 2024 | 0.94% |
| Dec 31, 2023 | -12.76% |
| Sep 30, 2023 | 6.41% |
| Jun 30, 2023 | 4.12% |
| Mar 31, 2023 | -1.95% |
| Dec 31, 2022 | 2.24% |
| Sep 30, 2022 | 5.28% |
| Jun 30, 2022 | 2.02% |
| Mar 31, 2022 | -23.91% |
| Dec 31, 2021 | -42.74% |
| Sep 30, 2021 | -25.40% |