Smart Sand (SND) Cost of Revenue (2015 - 2026)

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 was $87.0 million for Q1 2026 at Smart Sand, up from $74.8 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $87.0 million in Q1 2026 to a low of $43.6 million in Q1 2022.
• Historically, Cost of Revenue has averaged $66.3 million across 5 years, with a median of $62.7 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 86.7% in 2022, then declined 11.87% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $62.7 million in 2022, then retreated by 5.65% to $59.1 million in 2023, then soared by 31.79% to $77.9 million in 2024, then fell by 3.97% to $74.8 million in 2025, then grew by 16.28% to $87.0 million in 2026.
• The last three Cost of Revenue figures came in at $87.0 million (Q1 2026), $74.8 million (Q4 2025), and $77.8 million (Q3 2025), per Business Quant data.