Smart Sand, Inc. SND

FY2025 · ended Dec 31, 2025 · Revenue $330.15M, +6.0% YoY · Filed Feb 26, 2026

Smart Sand, Inc. (SND) files with the SEC under industry code 1400, Mining & Quarrying of Nonmetallic Minerals (No Fuels). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $330.2 million and net income of $1.3 million. Free cash flow was $32.5 million. As of Jun 30, 2026 it held $10.2 million in cash and investments and $45.3 million in total debt.

Revenue (TTM)
$386.99M
+26.5% vs year-ago TTM
Net income (TTM)
$10.49M
+1206.1% vs year-ago TTM
Operating cash flow (TTM)
$46.98M
+350.4% vs year-ago TTM
Free cash flow (TTM)
$34.63M
+16391.9% vs year-ago TTM
EPS (TTM)
$0.26
+1167.2% vs year-ago TTM
Dividend per share
$0.15
+50.0% vs prior year
Shares outstanding
43.54M
+1.5% vs prior year
Net cash
$-35.13M
as of Jun 30, 2026
Operating margin
2.0%
FY 2026

Company profile

Industry
Mining & Quarrying of Nonmetallic Minerals (No Fuels) (SIC 1400)
Listed as
SND (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Yardley, PA
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1529628

Other Mining & Quarrying of Nonmetallic Minerals (No Fuels) companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$330.2M
$311.4M
$296.0M
$255.7M
$126.6M
Operating income
-$4.5M
$3.0M
-$1.5M
-$3.1M
-$63.5M
Net income
$1.3M
$3.0M
$4.6M
-$703,000
-$50.7M
Diluted EPS
$0.03
$0.08
$0.12
-$0.02
-$1.21
Operating cash flow
$44.1M
$17.9M
$31.0M
$5.4M
$32.4M
Free cash flow
$32.5M
$10.9M
$8.0M
-$7.3M
$21.2M
Total assets
$340.0M
$341.5M
$346.3M
$360.0M
$374.0M
Total liabilities
$100.3M
$97.7M
$104.0M
$116.5M
$132.9M
Stockholders' equity
$239.7M
$243.8M
$242.3M
$243.5M
$241.2M
Cash and investments
$22.6M
$1.6M
$6.1M
$5.5M
$25.6M
Total debt
$38.5M
$39.8M
$45.6M
$47.2M
$55.5M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Material agreement, New debt
Sep 3, 2026 Sep 1, 2026
8-K/A Amended current report
Officer or director change
Aug 25, 2026 Aug 11, 2026
10-Q Quarterly report Aug 11, 2026 Jun 30, 2026
8-K Current report
Results of operations, Officer or director change
Aug 11, 2026 Aug 11, 2026
8-K Current report
Regulation FD disclosure, Other events
Jul 20, 2026 Jul 16, 2026
8-K Current report
Officer or director change, Shareholder vote results
Jun 8, 2026 Jun 2, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.