Smart Sand (SND) Operating Leases (2019 - 2026)

Smart Sand's Operating Leases history runs 8 years deep, the most recent figure standing at $15.9 million for Q1 2026.

• In Q1 2026, Operating Leases rose 29.88% year-over-year to $15.9 million; the TTM figure through Mar 2026 stood at $15.9 million (up 29.88% YoY), while the FY2025 annual figure was $23.2 million, down 5.63% from the prior year.
• Operating Leases was $15.9 million for Q1 2026 at Smart Sand, down from $23.2 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $33.2 million in Q2 2022 to a low of $12.1 million in Q1 2024.
• Historically, Operating Leases has averaged $20.9 million across 5 years, with a median of $20.0 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Leases tumbled 55.37% in 2024, then soared 81.65% in 2025.
• A 5-year view of Operating Leases shows it stood at $17.6 million in 2022, then dropped by 20.33% to $14.1 million in 2023, then surged by 74.58% to $24.5 million in 2024, then declined by 5.63% to $23.2 million in 2025, then slumped by 31.3% to $15.9 million in 2026.
• The last three Operating Leases figures came in at $15.9 million (Q1 2026), $23.2 million (Q4 2025), and $26.0 million (Q3 2025), per Business Quant data.