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
DateValue
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