Smart Sand (SND) Operating Expenses (2015 - 2026)
Smart Sand's (SND) quarterly Operating Expenses came in at $11.0 million in Q1 2026, up 11.8% year-on-year from $9.8 million in Q1 2025, and down 21.15% quarter-over-quarter from $13.9 million in Q4 2025.
Smart Sand (SND) Operating Expenses (2015 - 2026) Analysis & Trends
Smart Sand's Operating Expenses history runs 12 years deep, the most recent figure standing at $11.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 11.8% year-over-year to $11.0 million in Q1 2026; TTM through Mar 2026 was $43.5 million, a 7.12% increase from a year earlier, with the FY2025 full-year figure at $42.3 million, up 1.26% from the prior year.
- Operating Expenses eased to $11.0 million in Q1 2026 per SND's latest filing, from $13.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $13.9 million in Q4 2025 and bottomed at $1.5 million in Q4 2022.
- The 5-year median for Operating Expenses is $9.6 million (2023), against an average of $9.6 million.
- Across the five-year window, Operating Expenses slumped 82.74% in 2022 and soared 634.34% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $1.5 million in 2022, then surged by 634.34% to $10.7 million in 2023, then retreated by 8.27% to $9.8 million in 2024, then surged by 41.42% to $13.9 million in 2025, then dropped by 21.15% to $11.0 million in 2026.
- Per Business Quant, the three latest SND Operating Expenses figures stand at $11.0 million (Q1 2026), $13.9 million (Q4 2025), and $9.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Smart Sand | 182.15 Mn | 162.70 Mn | 6.11 Mn | 10.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 26.31 Mn |