Smart Sand (SND) Operating Leases (2019 - 2026)
Smart Sand (SND) posted quarterly Operating Leases of $15.9 million for Q1 2026, up 29.88% year-over-year from $12.2 million in Q1 2025, and up 10.53% quarter-over-quarter from $14.4 million in Q4 2025.
Smart Sand (SND) Operating Leases (2019 - 2026) Analysis & Trends
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 $14.4 million, down 0.65% from the prior year.
- Operating Leases for Q1 2026 stood at $15.9 million, up from $14.4 million in the prior quarter.
- The five-year high for Operating Leases was $33.2 million in Q2 2022, with the low 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.
- The sharpest annual moves came in 2023 and 2024: Operating Leases slumped 50.97% in 2023, then soared 34.57% in 2024.
- Smart Sand's Operating Leases stood at $28.6 million in 2022, then slumped by 50.77% to $14.1 million in 2023, then advanced by 3.06% to $14.5 million in 2024, then slipped by 0.65% to $14.4 million in 2025, then grew by 10.53% to $15.9 million in 2026.
- Business Quant data shows SND's Operating Leases at $15.9 million in Q1 2026, $14.4 million in Q4 2025, and $16.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Smart Sand | 190.61 Mn | 180.41 Mn | 19.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.70 Mn |
| Mar 31, 2026 | 15.91 Mn |
| Dec 31, 2025 | 14.39 Mn |
| Sep 30, 2025 | 16.11 Mn |
| Jun 30, 2025 | 16.19 Mn |
| Mar 31, 2025 | 12.25 Mn |
| Dec 31, 2024 | 14.49 Mn |
| Sep 30, 2024 | 13.96 Mn |
| Jun 30, 2024 | 25.66 Mn |
| Mar 31, 2024 | 21.62 Mn |
| Dec 31, 2023 | 14.06 Mn |
| Sep 30, 2023 | 14.98 Mn |
| Jun 30, 2023 | 26.76 Mn |
| Mar 31, 2023 | 16.07 Mn |
| Dec 31, 2022 | 28.55 Mn |
| Sep 30, 2022 | 30.55 Mn |
| Jun 30, 2022 | 33.20 Mn |
| Mar 31, 2022 | 22.58 Mn |
| Dec 31, 2021 | 32.72 Mn |
| Sep 30, 2021 | 32.14 Mn |