Smart Sand (SND) Operating Expenses (2015 - 2026)
Smart Sand (SND) posted Operating Expenses of $9.8 million for Q2 2026, down 10.99% on a QoQ basis from $11.0 million in Q1 2026, and up 8.19% year-over-year from $9.0 million in Q2 2025.
Analysis
Smart Sand (SND) Operating Expenses (2015 - 2026) Analysis & Trends
Smart Sand has reported Operating Expenses for 12 years, with the latest figure at $9.8 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 8.19% year-over-year to $9.8 million in Q2 2026; TTM through Jun 2026 was $44.2 million, a 10.33% increase from a year earlier, with the FY2025 full-year figure at $42.3 million, up 1.26% from the prior year.
- Operating Expenses was $9.8 million for Q2 2026 at Smart Sand, down from $11.0 million in the prior quarter.
- The five-year high for Operating Expenses was $13.9 million in Q4 2025, with the low at $1.5 million in Q4 2022.
- Average Operating Expenses over 5 years is $9.6 million, with a median of $9.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 82.74% in 2022, then surged 634.34% in 2023.
- Over 5 years, Operating Expenses stood at $1.5 million in 2022, then soared by 634.34% to $10.7 million in 2023, then decreased by 8.27% to $9.8 million in 2024, then soared by 41.42% to $13.9 million in 2025, then slipped by 29.82% to $9.8 million in 2026.
- The last three Operating Expenses figures came in at $9.8 million (Q2 2026), $11.0 million (Q1 2026), and $13.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Materion | 5.24 Bn | 5.22 Bn | 104.34 Mn | 49.21 Mn |
| 2 | United States Lime & Minerals | 3.32 Bn | 2.92 Bn | 46.72 Mn | 6.07 Mn |
| 3 | Minerals Technologies | 2.16 Bn | 1.81 Bn | 133.80 Mn | 349.20 Mn |
| 4 | Atlas Energy Solutions | 1.73 Bn | 1.56 Bn | 25.86 Mn | 84.36 Mn |
| 5 | Compass Minerals International | 1.06 Bn | 1.00 Bn | 37.90 Mn | 27.00 Mn |
| 6 | Oil-Dri Corp of America | 848.50 Mn | 785.56 Mn | 33.73 Mn | 16.64 Mn |
| 7 | ContextLogic Holdings | 642.60 Mn | 642.60 Mn | 16.30 Mn | 43.10 Mn |
| 8 | Nouveau Monde Graphite | 206.40 Mn | -126.58 Mn | - | 2.73 Mn |
| 9 | Smart Sand | 203.37 Mn | 193.17 Mn | 19.83 Mn | 9.77 Mn |
| 10 | Graftech International | 161.33 Mn | 15.97 Mn | -422,000.00 | 14.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.77 Mn |
| Mar 31, 2026 | 10.98 Mn |
| Dec 31, 2025 | 13.93 Mn |
| Sep 30, 2025 | 9.57 Mn |
| Jun 30, 2025 | 9.03 Mn |
| Mar 31, 2025 | 9.82 Mn |
| Dec 31, 2024 | 9.85 Mn |
| Sep 30, 2024 | 11.40 Mn |
| Jun 30, 2024 | 9.55 Mn |
| Mar 31, 2024 | 11.03 Mn |
| Dec 31, 2023 | 10.74 Mn |
| Sep 30, 2023 | 9.47 Mn |
| Jun 30, 2023 | 9.61 Mn |
| Mar 31, 2023 | 13.25 Mn |
| Dec 31, 2022 | 1.46 Mn |
| Sep 30, 2022 | 7.65 Mn |
| Jun 30, 2022 | 7.58 Mn |
| Mar 31, 2022 | 7.97 Mn |
| Dec 31, 2021 | 8.47 Mn |
| Sep 30, 2021 | 6.71 Mn |