Smart Sand (SND) Cost of Revenue (2015 - 2026)
Smart Sand (SND) posted quarterly Cost of Revenue of $87.0 million for Q1 2026, up 38.57% year-over-year from $62.8 million in Q1 2025, and up 16.28% quarter-over-quarter from $74.8 million in Q4 2025.
Smart Sand (SND) Cost of Revenue (2015 - 2026) Analysis & Trends
Smart Sand's Cost of Revenue history runs 12 years deep, the most recent figure standing at $87.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 38.57% year-over-year to $87.0 million; the TTM figure through Mar 2026 stood at $316.5 million (up 22.62% YoY), while the FY2025 annual figure was $292.3 million, up 9.65% from the prior year.
- Cost of Revenue for Q1 2026 stood at $87.0 million, up from $74.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $87.0 million in Q1 2026, with the low at $43.6 million in Q1 2022.
- The 5-year median for Cost of Revenue is $62.7 million (2022), against an average of $66.3 million.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 86.7% in 2022, then dropped 11.87% in 2025.
- Smart Sand's Cost of Revenue stood at $62.7 million in 2022, then fell by 5.65% to $59.1 million in 2023, then surged by 31.79% to $77.9 million in 2024, then declined by 3.97% to $74.8 million in 2025, then climbed by 16.28% to $87.0 million in 2026.
- Business Quant data shows SND's Cost of Revenue at $87.0 million in Q1 2026, $74.8 million in Q4 2025, and $77.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Smart Sand | 190.61 Mn | 180.41 Mn | 19.83 Mn | 95.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 95.23 Mn |
| Jun 30, 2026 | 95.23 Mn |
| Mar 31, 2026 | 87.00 Mn |
| Mar 31, 2026 | 87.00 Mn |
| Dec 31, 2025 | 74.82 Mn |
| Dec 31, 2025 | 74.82 Mn |
| Sep 30, 2025 | 77.85 Mn |
| Sep 30, 2025 | 77.85 Mn |
| Jun 30, 2025 | 76.81 Mn |
| Jun 30, 2025 | 76.81 Mn |
| Mar 31, 2025 | 62.79 Mn |
| Mar 31, 2025 | 62.79 Mn |
| Dec 31, 2024 | 77.91 Mn |
| Dec 31, 2024 | 77.91 Mn |
| Sep 30, 2024 | 56.67 Mn |
| Sep 30, 2024 | 56.67 Mn |
| Jun 30, 2024 | 60.73 Mn |
| Jun 30, 2024 | 60.73 Mn |
| Mar 31, 2024 | 71.24 Mn |
| Mar 31, 2024 | 71.24 Mn |