# Smart Sand, Inc.: overview SND · Nasdaq · CIK 1529628 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/snd.md) · [Financials](/companies/snd/financials.md) · [Filings](/companies/snd/filings.md) · [Insiders](/companies/snd/insiders.md) Latest reported revenue: [$115.0m](/filings/0001529628-26-000095.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:Revenues, accession 0001529628-26-000095). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [63.2](/filings/0001529628-25-000129.md) | [91.4 d](/filings/0001529628-26-000006.md) | [65.6](/filings/0001529628-26-000033.md) | [85.8](/filings/0001529628-26-000095.md) | [92.8](/filings/0001529628-25-000129.md) | [86.0 d](/filings/0001529628-26-000006.md) | [93.1](/filings/0001529628-26-000033.md) | [115](/filings/0001529628-26-000095.md) | | Gross margin | % | [10.3%](/filings/0001529628-25-000129.md) | [14.7% d](/filings/0001529628-26-000006.md) | [4.2%](/filings/0001529628-26-000033.md) | [10.4%](/filings/0001529628-26-000095.md) | [16.1%](/filings/0001529628-25-000129.md) | [13.0% d](/filings/0001529628-26-000006.md) | [6.6%](/filings/0001529628-26-000033.md) | [17.2%](/filings/0001529628-26-000095.md) | | Operating margin | % | [(7.8%)](/filings/0001529628-25-000129.md) | [3.9% d](/filings/0001529628-26-000006.md) | [(10.8%)](/filings/0001529628-26-000033.md) | [(0.1%)](/filings/0001529628-26-000095.md) | [5.8%](/filings/0001529628-25-000129.md) | [(3.1%) d](/filings/0001529628-26-000006.md) | [(5.2%)](/filings/0001529628-26-000033.md) | [8.7%](/filings/0001529628-26-000095.md) | | Net margin | % | [(0.2%)](/filings/0001529628-25-000129.md) | [4.1% d](/filings/0001529628-26-000006.md) | [(37.0%)](/filings/0001529628-26-000095.md) | [24.9%](/filings/0001529628-26-000095.md) | [3.2%](/filings/0001529628-25-000129.md) | [1.4% d](/filings/0001529628-26-000006.md) | [(4.1%)](/filings/0001529628-26-000095.md) | [8.8%](/filings/0001529628-26-000095.md) | | Diluted EPS | $ per share | [0.00](/filings/0001529628-25-000129.md) | not reported | [(0.62)](/filings/0001529628-26-000033.md) | [0.54](/filings/0001529628-26-000095.md) | [0.08](/filings/0001529628-25-000129.md) | not reported | [(0.10)](/filings/0001529628-26-000033.md) | [0.25](/filings/0001529628-26-000095.md) | | Free cash flow | $m | [3.7 d](/filings/0001529628-25-000129.md) | [(0.8) d](/filings/0001529628-26-000006.md) | [5.2](/filings/0001529628-26-000033.md) | [(7.8) d](/filings/0001529628-26-000095.md) | [14.8 d](/filings/0001529628-25-000129.md) | [20.4 d](/filings/0001529628-26-000006.md) | [0.8](/filings/0001529628-26-000033.md) | [(1.4) d](/filings/0001529628-26-000095.md) | - Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [127](/filings/0001529628-24-000060.md) | [256](/filings/0001529628-24-000060.md) | [296](/filings/0001529628-24-000060.md) | [311](/filings/0001529628-26-000006.md) | [330](/filings/0001529628-26-000006.md) | | Gross margin | % | [(12.6%)](/filings/0001529628-24-000060.md) | [11.6%](/filings/0001529628-25-000022.md) | [14.0%](/filings/0001529628-26-000006.md) | [14.4%](/filings/0001529628-26-000006.md) | [11.5%](/filings/0001529628-26-000006.md) | | Operating margin | % | [(50.1%)](/filings/0001529628-24-000060.md) | [(1.2%)](/filings/0001529628-25-000022.md) | [(0.5%)](/filings/0001529628-26-000006.md) | [1.0%](/filings/0001529628-26-000006.md) | [(1.4%)](/filings/0001529628-26-000006.md) | | Net margin | % | [(40.0%)](/filings/0001529628-24-000060.md) | [(0.3%)](/filings/0001529628-25-000022.md) | [1.6%](/filings/0001529628-26-000006.md) | [1.0%](/filings/0001529628-26-000006.md) | [0.4%](/filings/0001529628-26-000006.md) | | Diluted EPS | $ per share | [(1.21)](/filings/0001529628-24-000060.md) | [(0.02)](/filings/0001529628-25-000022.md) | [0.12](/filings/0001529628-26-000006.md) | [0.08](/filings/0001529628-26-000006.md) | [0.03](/filings/0001529628-26-000006.md) | | Free cash flow | $m | [21.2](/filings/0001529628-24-000060.md) | [(7.3)](/filings/0001529628-25-000022.md) | [8.0](/filings/0001529628-26-000006.md) | [10.9](/filings/0001529628-26-000006.md) | [32.5](/filings/0001529628-26-000006.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/snd/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [GENDELL JEFFREY L](/funds/1056581.md) | 2026-06-30 | $17.2m | 3,437,474 | | Added +310,559 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $10.1m | 2,012,494 | | Added +1,528,716 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $5.4m | 1,069,704 | | Reduced −114,204 | | [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $4.4m | 883,817 | | Added +85,008 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $4.2m | 843,240 | | Added +410,284 | | [BRIDGEWAY CAPITAL MANAGEMENT, LLC](/funds/1107261.md) | 2026-06-30 | $4.0m | 803,837 | | Added +18,921 | | [SPROTT INC.](/funds/1512920.md) | 2026-06-30 | $3.8m | 750,000 | | Unchanged | | [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $3.3m | 657,000 | | Reduced −141,823 | | [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $3.1m | 622,700 | Call | Added +147,100 | | [Simcoe Capital LLC](/funds/2109203.md) | 2026-06-30 | $3.1m | 620,962 | | Added +773 | ## Recent filings [All 788 filings](/companies/snd/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-09-03 | 16:24 ET | [8-K](/filings/0001529628-26-000104.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001529628-26-000104 | | 2026-08-25 | 16:01 ET | [8-K/A](/filings/0001529628-26-000100.md) | 5.02 Departure or appointment of officers or directors | 0001529628-26-000100 | | 2026-08-11 | 16:01 ET | [10-Q](/filings/0001529628-26-000095.md) | Quarterly report, period 2026-06-30 | 0001529628-26-000095 | | 2026-08-11 | 16:01 ET | [8-K](/filings/0001529628-26-000096.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001529628-26-000096 | | 2026-07-20 | 16:09 ET | [8-K](/filings/0001529628-26-000089.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001529628-26-000089 | | 2026-06-08 | 16:02 ET | [8-K](/filings/0001529628-26-000047.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001529628-26-000047 | | 2026-05-15 | 16:34 ET | [8-K](/filings/0001529628-26-000039.md) | 8.01 Other events | 0001529628-26-000039 | | 2026-05-12 | 16:01 ET | [10-Q](/filings/0001529628-26-000033.md) | Quarterly report, period 2026-03-31 | 0001529628-26-000033 | | 2026-05-12 | 16:01 ET | [8-K](/filings/0001529628-26-000034.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001529628-26-000034 | | 2026-04-22 | 16:12 ET | [DEF 14A](/filings/0001529628-26-000025.md) | Proxy statement, period 2026-06-02 | 0001529628-26-000025 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001529628-26-000006.md), filed Feb 26, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/225ccc46-0155-4f24-9e46-4625116558da) ## About the filer - CIK: 1529628 - Tickers: SND - Exchange: Nasdaq - SIC code: 1400 Mining & Quarrying of Nonmetallic Minerals (No Fuels) - State of incorporation: DE - Filer category: Non-accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:42 ET. No prices; not investment advice.