Growth Metrics

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

Smart Sand (SND) has 11 years of Operating Margin data on record, last reported at 3.14% in Q4 2025.

  • For Q4 2025, Operating Margin fell 709.0% year-over-year to 3.14%; the TTM value through Dec 2025 reached 1.35%, down 232.0%, while the annual FY2025 figure was 1.35%, 232.0% down from the prior year.
  • Operating Margin reached 3.14% in Q4 2025 per SND's latest filing, down from 5.79% in the prior quarter.
  • Across five years, Operating Margin topped out at 6.41% in Q3 2023 and bottomed at 96.73% in Q2 2021.
  • Average Operating Margin over 5 years is 11.5%, with a median of 1.02% recorded in 2023.
  • Peak YoY movement for Operating Margin: tumbled -12988bps in 2021, then surged 9875bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 42.74% in 2021, then skyrocketed by 105bps to 2.24% in 2022, then crashed by -669bps to 12.76% in 2023, then soared by 131bps to 3.94% in 2024, then plummeted by -180bps to 3.14% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 3.14% in Q4 2025, 5.79% in Q3 2025, and 0.09% in Q2 2025.