Smart Sand (SND) Operating Margin (2015 - 2026)
Smart Sand (SND) posted quarterly Operating Margin of 5.23% for Q1 2026, up 552.0% year-over-year from 0.8% in Q1 2025, and down 66.6% quarter-over-quarter from 3.14% in Q4 2025.
Smart Sand (SND) Operating Margin (2015 - 2026) Analysis & Trends
Smart Sand's Operating Margin history runs 12 years deep, the most recent figure standing at 5.23% for Q1 2026.
- In Q1 2026, Operating Margin rose 552.0% year-over-year to 5.23%; the TTM figure through Mar 2026 stood at 0.64% (up 101.0% YoY), while the FY2025 annual figure was 1.35%, down 232.0% from the prior year.
- Operating Margin for Q1 2026 stood at 5.23%, down from 3.14% in the prior quarter.
- The five-year high for Operating Margin was 6.41% in Q3 2023, with the low at 23.91% in Q1 2022.
- The 5-year median for Operating Margin is 0.94% (2024), against an average of 1.77%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 9875 bps in 2022, then plunged 1500 bps in 2023.
- Smart Sand's Operating Margin stood at 2.24% in 2022, then sank by 669 bps to 12.76% in 2023, then surged by 131 bps to 3.94% in 2024, then slumped by 180 bps to 3.14% in 2025, then sank by 67 bps to 5.23% in 2026.
- Business Quant data shows SND's Operating Margin at 5.23% in Q1 2026, 3.14% in Q4 2025, and 5.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 48.02% |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 12.74% |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 16.32% |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | -31.83% |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 13.62% |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 12.28% |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 9.68% |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 31.76% |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 55.10% |
| 10 | Smart Sand | 190.61 Mn | 180.41 Mn | 19.83 Mn | 8.74% |
Historic Data
Download 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% |