Smart Sand, Inc. (SND) stock
SNDNasdaqMining & Quarrying of Nonmetallic Minerals (No Fuels)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 20/3031% below fair value
$4.58+0.09 (+2.00%)
Close on Nov 12, 2026Market cap $194.19MP/E 12.1Yield 3.28%
Smart Sand gross margin
Gross margin is gross profit as a percentage of revenue.
Smart Sand's gross margin for the twelve months ending Sep 30, 2026 was 13.9%. For fiscal 2025 it was 11.5%, against 14.4% the year before. The highest annual figure on record is 56.1% in fiscal 2014.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 11.5% | −2.9 |
| FY2024 | Dec 31, 2024 | 14.4% | +0.4 |
| FY2023 | Dec 31, 2023 | 14.0% | +2.5 |
| FY2022 | Dec 31, 2022 | 11.6% | +24.1 |
| FY2021 | Dec 31, 2021 | -12.6% | −27.4 |
| FY2020 | Dec 31, 2020 | 14.8% | −20.0 |
| FY2019 | Dec 31, 2019 | 34.8% | +2.1 |
| FY2018 | Dec 31, 2018 | 32.6% | +5.7 |
| FY2017 | Dec 31, 2017 | 26.9% | −28.2 |
| FY2016 | Dec 31, 2016 | 55.1% | −0.8 |
| FY2015 | Dec 31, 2015 | 56.0% | −0.1 |
| FY2014 | Dec 31, 2014 | 56.1% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 17.1% | +1.0 |
| Q2 FY2026 | Jun 30, 2026 | 17.2% | +6.8 |
| Q1 FY2026 | Mar 31, 2026 | 6.6% | +2.3 |
| Q4 FY2025 | Dec 31, 2025 | 13.1% | −1.6 |
| Q3 FY2025 | Sep 30, 2025 | 16.1% | +5.8 |
| Q2 FY2025 | Jun 30, 2025 | 10.4% | −7.3 |
| Q1 FY2025 | Mar 31, 2025 | 4.2% | −10.0 |
| Q4 FY2024 | Dec 31, 2024 | 14.7% | +10.2 |
| Q3 FY2024 | Sep 30, 2024 | 10.3% | −8.5 |
| Q2 FY2024 | Jun 30, 2024 | 17.7% | +0.7 |
| Q1 FY2024 | Mar 31, 2024 | 14.2% | +0.1 |
| Q4 FY2023 | Dec 31, 2023 | 4.6% | −10.6 |
| Q3 FY2023 | Sep 30, 2023 | 18.7% | +2.8 |
| Q2 FY2023 | Jun 30, 2023 | 17.0% | +3.9 |
| Q1 FY2023 | Mar 31, 2023 | 14.1% | +18.9 |
| Q4 FY2022 | Dec 31, 2022 | 15.1% | +33.7 |
| Q3 FY2022 | Sep 30, 2022 | 16.0% | +21.9 |
| Q2 FY2022 | Jun 30, 2022 | 13.1% | +21.0 |
| Q1 FY2022 | Mar 31, 2022 | -4.8% | +13.4 |
| Q4 FY2021 | Dec 31, 2021 | -18.6% | +11.7 |
| Q3 FY2021 | Sep 30, 2021 | -5.9% | −28.1 |
| Q2 FY2021 | Jun 30, 2021 | -8.0% | −62.4 |
| Q1 FY2021 | Mar 31, 2021 | -18.1% | −31.6 |
| Q4 FY2020 | Dec 31, 2020 | -30.2% | −67.7 |
| Q3 FY2020 | Sep 30, 2020 | 22.1% | −19.2 |
| Q2 FY2020 | Jun 30, 2020 | 54.4% | +17.8 |
| Q1 FY2020 | Mar 31, 2020 | 13.5% | −8.1 |
| Q4 FY2019 | Dec 31, 2019 | 37.5% | −0.5 |
| Q3 FY2019 | Sep 30, 2019 | 41.3% | +5.6 |
| Q2 FY2019 | Jun 30, 2019 | 36.6% | +0.3 |
| Q1 FY2019 | Mar 31, 2019 | 21.6% | +4.6 |
| Q4 FY2018 | Dec 31, 2018 | 38.0% | +14.5 |
| Q3 FY2018 | Sep 30, 2018 | 35.7% | +2.6 |
| Q2 FY2018 | Jun 30, 2018 | 36.3% | +8.2 |
| Q1 FY2018 | Mar 31, 2018 | 16.9% | −4.6 |
| Q4 FY2017 | Dec 31, 2017 | 23.4% | −46.8 |
| Q3 FY2017 | Sep 30, 2017 | 33.1% | – |
| Q2 FY2017 | Jun 30, 2017 | 28.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 21.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 70.2% | – |
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