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.

• On a quarterly basis, Operating Leases rose 29.88% year-over-year to $15.9 million in Q1 2026; TTM through Mar 2026 was $15.9 million, a 29.88% increase from a year earlier, with the FY2025 full-year figure at $14.4 million, down 0.65% from the prior year.
• Operating Leases grew to $15.9 million in Q1 2026 per SND's latest filing, from $14.4 million in the prior quarter.
• Across five years, Operating Leases topped out at $33.2 million in Q2 2022 and bottomed at $12.2 million in Q1 2025.
• The 5-year median for Operating Leases is $16.1 million (2025), against an average of $19.8 million.
• Across the five-year window, Operating Leases tumbled 50.97% in 2023 and soared 34.57% in 2024, its largest moves.
• Year by year, Operating Leases stood at $28.6 million in 2022, then sank by 50.77% to $14.1 million in 2023, then climbed by 3.06% to $14.5 million in 2024, then dropped by 0.65% to $14.4 million in 2025, then increased by 10.53% to $15.9 million in 2026.
• Per Business Quant, the three latest SND Operating Leases figures stand at $15.9 million (Q1 2026), $14.4 million (Q4 2025), and $16.1 million (Q3 2025).