Smart Sand (SND) Operating Expenses (2015 - 2026)

Smart Sand (SND) recorded quarterly Operating Expenses of $11.0 million in Q1 2026, down 21.15% quarter-over-quarter from $13.9 million in Q4 2025, and up 11.8% on a YoY basis from $9.8 million in Q1 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.

  • In Q1 2026, Operating Expenses rose 11.8% year-over-year to $11.0 million; the TTM figure through Mar 2026 stood at $43.5 million (up 7.12% YoY), while the FY2025 annual figure was $42.3 million, up 1.26% from the prior year.
  • Operating Expenses was $11.0 million for Q1 2026 at Smart Sand, down from $13.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $13.9 million in Q4 2025 to a low of $1.5 million in Q4 2022.
  • Historically, Operating Expenses has averaged $9.6 million across 5 years, with a median of $9.6 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 82.74% in 2022, then jumped 634.34% in 2023.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $11.0 million (Q1 2026), $13.9 million (Q4 2025), and $9.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 261.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 732.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 4.72 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 2.14 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -76.01 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 9.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 1.03 Bn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 45.83 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 238.95 Mn
10 Smart Sand 213.49 Mn 194.04 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