Smart Sand (SND) Operating Expenses (2015 - 2026)
Smart Sand (SND) posted quarterly Operating Expenses of $11.0 million for Q1 2026, up 11.8% year-over-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.
- 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 for Q1 2026 stood at $11.0 million, down from $13.9 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.
- The 5-year median for Operating Expenses is $9.6 million (2023), against an average of $9.6 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 82.74% in 2022, then soared 634.34% in 2023.
- Smart Sand's Operating Expenses stood at $1.5 million in 2022, then jumped by 634.34% to $10.7 million in 2023, then fell by 8.27% to $9.8 million in 2024, then jumped by 41.42% to $13.9 million in 2025, then slipped by 21.15% to $11.0 million in 2026.
- Business Quant data shows SND's Operating Expenses at $11.0 million in Q1 2026, $13.9 million in Q4 2025, and $9.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.01 Bn | 75.93 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.00 Bn | 46.27 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 52.97 Bn | 43.94 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.92 Bn | 29.67 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.49 Bn | 27.44 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.29 Bn | 6.13 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.55 Bn | 5.42 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.68 Bn | 5.54 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.53 Bn | 5.53 Bn | 244.51 Mn | 39.97 Mn |
| 10 | Smart Sand | 191.20 Mn | 181.00 Mn | 19.83 Mn | 9.77 Mn |
Historic Data
Download 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 |