Smart Sand Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	330.15	311.37	295.97	255.74	126.65
Revenue Growth (YoY)	6.03%	5.20%	15.73%	101.93%	3.52%
Cost of Revenue	292.27	266.55	254.42	226.15	140.38
Gross Profit	37.89	44.82	41.56	29.59	-15.91
Selling, General & Admin	40.52	38.16	38.72	30.77	45.04
Depreciation & Amortization Expenses	2.39	2.6	2.54	2.24	1.98
Other Operating Expenses	-0.57	1.06	1.8	-0.29	2.73
Total Operating Expenses	42.35	41.82	43.06	32.72	49.75
Operating Income	-4.46	3	-1.5	-3.13	-65.66
Interest Expense	-1.47	-1.77	-1.27	-1.61	-1.98
Other Non-Operating Income (Expense)	0.34	-0.98	0.52	0.83	5.77
Total Non-Operating Income (Expense)	-1.13	-2.75	-0.75	-0.78	3.79
Pretax Income	-5.59	0.25	-2.25	-3.91	-59.69
Provision for Income Taxes	-6.93	-2.74	-6.9	-3.21	-9.02
Net Income	1.35	2.99	4.65	-0.7	-50.67
Net Income to Common	1.35	2.99	4.65	-0.7	-50.67
Net Income Growth	-55.05%	-35.64%	-	-	-
Shares Outstanding (Basic)	39	39	42	42	42
Shares Outstanding (Diluted)	40	39	42	42	42
Shares Change (YoY)	1.29%	-7.84%	-	1.52%	3.76%
EPS (Basic)	0.03	0.08	0.12	-0.02	-1.21
EPS (Diluted)	0.03	0.08	0.12	-0.02	-1.21
EPS Growth	-62.50%	-33.33%	-	-	-
Shares Outstanding	38.94	39.07	38.49	43.09	41.96
Free Cash Flow	32.52	10.85	7.96	-7.31	21.22
Free Cash Flow Growth	199.62%	36.36%	-	-	25.39%
Free Cash Flow Per Share	0.82	0.28	0.19	-0.17	0.51
Gross Margin	11.48%	14.40%	14.04%	11.57%	-12.56%
Operating Margin	-1.35%	0.96%	-0.51%	-1.22%	-51.84%
Profit Margin	0.41%	0.96%	1.57%	-0.27%	-40.01%
FCF Margin	9.85%	3.49%	2.69%	-2.86%	16.75%
EBITDA	25.6	32.73	26.76	24.15	-39.56
EBITDA Margin	7.75%	10.51%	9.04%	9.44%	-31.23%
EBIT	-4.46	3	-1.5	-3.13	-65.66
EBIT Margin	-1.35%	0.96%	-0.51%	-1.22%	-51.84%
Effective Tax Rate	124.08%	-1087.30%	306.44%	82.01%	15.11%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q