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Smart Sand (SND) gross margin by quarter

Smart Sand's gross margin was 17.2% in Q2 2026 (second quarter 2026), +1.1 pts from Q3 2025. Over the last 3 quarters it ranged from 14.7% (Q4 2024) to 17.2% (Q2 2026).

Smart Sand gross margin by quarterSmart Sand gross margin by quarter14.7%Q4 202416.1%Q3 202517.2%Q2 2026
QuarterGross marginQ/QY/Y
Q2 202617.2%+1.1 pts—
Q3 202516.1%+1.4 pts—
Q4 202414.7%——

Q2 2026 at a glance

Smart Sand, Q2 2026: revenue $115M (+34% year over year), operating margin 8.7%, net earnings $10.2M, operating cash flow $3.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Smart Sand's gross margin?

Smart Sand's gross margin was 17.2% in Q2 2026 (second quarter 2026), +1.1 pts from Q3 2025.

How has Smart Sand's gross margin changed?

Over the last 3 quarters it ranged from 14.7% (Q4 2024) to 17.2% (Q2 2026).

Q2 2026 results → · How Smart Sand makes money →