Growth Metrics

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

Smart Sand has reported Operating Leases over the past 8 years, most recently at $15.9 million for Q1 2026.

  • For Q1 2026, Operating Leases rose 29.88% year-over-year to $15.9 million; the TTM value through Mar 2026 reached $15.9 million, up 29.88%, while the annual FY2025 figure was $23.2 million, 5.63% down from the prior year.
  • Operating Leases for Q1 2026 was $15.9 million at Smart Sand, down from $23.2 million in the prior quarter.
  • Over five years, Operating Leases peaked at $33.2 million in Q2 2022 and troughed at $12.1 million in Q1 2024.
  • A 5-year average of $20.9 million and a median of $20.0 million in 2022 define the central range for Operating Leases.
  • Biggest five-year swings in Operating Leases: crashed 55.37% in 2024 and later soared 81.65% in 2025.
  • Year by year, Operating Leases stood at $17.6 million in 2022, then fell by 20.33% to $14.1 million in 2023, then skyrocketed by 74.58% to $24.5 million in 2024, then dropped by 5.63% to $23.2 million in 2025, then tumbled by 31.3% to $15.9 million in 2026.
  • Business Quant data shows Operating Leases for SND at $15.9 million in Q1 2026, $23.2 million in Q4 2025, and $26.0 million in Q3 2025.