Growth Metrics

Smart Sand (SND) Operating Leases (2019 - 2025)

Smart Sand has reported Operating Leases over the past 7 years, most recently at $14.4 million for Q4 2025.

  • Quarterly results put Operating Leases at $14.4 million for Q4 2025, down 41.35% from a year ago — trailing twelve months through Dec 2025 was $14.4 million (down 41.35% YoY), and the annual figure for FY2025 was $14.4 million, down 41.35%.
  • Operating Leases for Q4 2025 was $14.4 million at Smart Sand, down from $26.0 million in the prior quarter.
  • Over the last five years, Operating Leases for SND hit a ceiling of $32.6 million in Q1 2021 and a floor of $14.0 million in Q3 2024.
  • Median Operating Leases over the past 5 years was $24.1 million (2021), compared with a mean of $22.8 million.
  • Biggest five-year swings in Operating Leases: tumbled 50.77% in 2023 and later surged 86.15% in 2025.
  • Smart Sand's Operating Leases stood at $23.7 million in 2021, then rose by 20.52% to $28.6 million in 2022, then tumbled by 50.77% to $14.1 million in 2023, then soared by 74.58% to $24.5 million in 2024, then tumbled by 41.35% to $14.4 million in 2025.
  • The last three reported values for Operating Leases were $14.4 million (Q4 2025), $26.0 million (Q3 2025), and $27.4 million (Q2 2025) per Business Quant data.