Smart Sand (SND) Operating Leases (2019 - 2026)
Smart Sand (SND) posted Operating Leases of $28.7 million for Q2 2026, up 15.0% on a QoQ basis from $25.0 million in Q1 2026, and up 4.9% year-over-year from $27.4 million in Q2 2025.
Analysis
Smart Sand (SND) Operating Leases (2019 - 2026) Analysis & Trends
Smart Sand has reported Operating Leases for 8 years, with the latest figure at $28.7 million in Q2 2026.
- On a quarterly basis, Operating Leases rose 4.9% year-over-year to $28.7 million in Q2 2026; TTM through Jun 2026 was $28.7 million, a 4.9% increase from a year earlier, with the FY2025 full-year figure at $23.2 million, down 5.63% from the prior year.
- Operating Leases was $28.7 million for Q2 2026 at Smart Sand, up from $25.0 million in the prior quarter.
- The five-year high for Operating Leases was $33.2 million in Q2 2022, with the low at $20.6 million in Q1 2025.
- Average Operating Leases over 5 years is $26.4 million, with a median of $26.1 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Operating Leases declined 20.04% in 2024, then gained 21.2% in 2026.
- Over 5 years, Operating Leases stood at $28.6 million in 2022, then decreased by 13.87% to $24.6 million in 2023, then slipped by 0.22% to $24.5 million in 2024, then fell by 5.63% to $23.2 million in 2025, then climbed by 23.95% to $28.7 million in 2026.
- The last three Operating Leases figures came in at $28.7 million (Q2 2026), $25.0 million (Q1 2026), and $23.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Materion | 5.24 Bn | 5.22 Bn | 104.34 Mn |
| 2 | United States Lime & Minerals | 3.32 Bn | 2.92 Bn | 46.72 Mn |
| 3 | Minerals Technologies | 2.16 Bn | 1.81 Bn | 133.80 Mn |
| 4 | Atlas Energy Solutions | 1.73 Bn | 1.56 Bn | 25.86 Mn |
| 5 | Compass Minerals International | 1.06 Bn | 1.00 Bn | 37.90 Mn |
| 6 | Oil-Dri Corp of America | 848.50 Mn | 785.56 Mn | 33.73 Mn |
| 7 | ContextLogic Holdings | 642.60 Mn | 642.60 Mn | 16.30 Mn |
| 8 | Nouveau Monde Graphite | 206.40 Mn | -126.58 Mn | - |
| 9 | Smart Sand | 203.37 Mn | 193.17 Mn | 19.83 Mn |
| 10 | Graftech International | 161.33 Mn | 15.97 Mn | -422,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.70 Mn |
| Mar 31, 2026 | 24.96 Mn |
| Dec 31, 2025 | 23.16 Mn |
| Sep 30, 2025 | 25.99 Mn |
| Jun 30, 2025 | 27.36 Mn |
| Mar 31, 2025 | 20.59 Mn |
| Dec 31, 2024 | 24.54 Mn |
| Sep 30, 2024 | 23.46 Mn |
| Jun 30, 2024 | 25.66 Mn |
| Mar 31, 2024 | 21.62 Mn |
| Dec 31, 2023 | 24.59 Mn |
| Sep 30, 2023 | 26.12 Mn |
| Jun 30, 2023 | 26.76 Mn |
| Mar 31, 2023 | 27.04 Mn |
| Dec 31, 2022 | 28.55 Mn |
| Sep 30, 2022 | 30.55 Mn |
| Jun 30, 2022 | 33.20 Mn |
| Mar 31, 2022 | 32.00 Mn |
| Dec 31, 2021 | 32.72 Mn |
| Sep 30, 2021 | 32.14 Mn |