Smart Sand, Inc. (SND)

NASDAQ: SND · Real-Time Price · USD

5.20

+0.16 (3.17%)

At close: Aug 28, 2026, 4:00 PM EDT

5.12

-0.08 (-1.54%)

After-hours: Aug 28, 2026, 7:53 PM EDT

Smart Sand Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	386.99	330.15	311.37	295.97	255.74	126.65
Revenue Growth	26.53%	6.03%	5.20%	15.73%	101.93%	3.52%
Gross Profit	52.09	37.89	44.82	41.56	29.59	-15.91
Operating Income	7.54	-5.03	4.07	0.3	-3.42	-43.34
Net Income	10.49	1.35	2.99	4.65	-0.7	-50.67
Earnings Per Share	0.25	0.03	0.08	0.12	-0.02	-1.21
EPS Growth	1114.15%	-61.09%	-35.41%	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Sand	383.05	325.76	303.59	287.48	249.32
Smartsystems	3.94	4.39	7.78	8.49	6.42
Total	386.99	330.15	311.37	295.97	255.74

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	10.2	22.55	1.55	6.07	5.51	25.59
Total Debt	43.36	36.18	37.22	43.75	44.54	55.2
Net Cash (Debt)	-33.17	-13.63	-35.67	-37.68	-39.03	-29.61
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.82	-0.34	-0.91	-0.97	-0.92	-0.71

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	46.99	44.12	17.86	30.99	5.42	32.44
Capital Expenditures	-12.35	-11.6	-7.01	-23.03	-12.73	-11.22
Free Cash Flow	34.63	32.52	10.85	7.96	-7.31	21.22
Free Cash Flow Growth	16391.90%	199.62%	36.36%	-	-	25.39%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Gross Margin	13.46%	11.48%	14.39%	14.04%	11.57%	-12.56%
Operating Margin	1.95%	-1.52%	1.31%	0.10%	-1.34%	-34.22%
Pretax Margin	1.86%	-1.69%	0.08%	-0.76%	-1.53%	-47.13%
Profit Margin	2.71%	0.41%	0.96%	1.57%	-0.27%	-40.01%
FCF Margin	8.95%	9.85%	3.49%	2.69%	-2.86%	16.75%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 31, 2026	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
PE Ratio	20.86	129.50	32.28	17.14	-	-
Forward PE	-	9.68	14.06	10.33	17.05	8.14
P/FCF Ratio	6.37	5.36	8.90	10.01	-	3.65
PS Ratio	0.57	0.53	0.31	0.27	0.32	0.61