{"filings":[{"id":2465757,"accession_number":"0001529628-26-000100","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K/A","filed_at":"2026-08-25T20:01:38+00:00","items":["5.02"],"status":"ready","headline":"Smart Sand names James Young CFO effective Jan 1, 2027; base $400K, LTIP $600K","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James Young will succeed Lee Beckelman as CFO effective January 1, 2027.","Compensation Committee approved base salary of $400,000 effective immediately.","Annual LTIP award opportunity set at $600,000; bonus target remains 50% of base.","Young remains eligible for standard employee benefit plans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2189278,"accession_number":"0001529628-26-000096","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-08-11T20:01:02+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Smart Sand posts record Q2 revenue $115.1M, EPS $0.26; CFO Beckelman to step down Jan 1","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $115.1M, up 34% YoY; tons sold 1.864M, up 31%; net income $10.2M ($0.26 EPS) vs net loss $3.9M in Q1.","Adjusted EBITDA $18.7M vs $7.8M YoY; gross profit $19.8M; contribution margin $27.1M at $14.54/ton.","Guides 2026 sales volumes +10-20% vs 2025; expects positive free cash flow; capex $15-20M.","CFO Lee Beckelman steps down Jan 1, 2027, becomes advisor through 2030; James Young (current GC) to succeed as CFO.","Declared special dividend $0.10/share payable Aug 12; repurchased 470,088 shares for $2.5M in Q2; $30M undrawn credit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":208161000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1748196,"accession_number":"0001529628-26-000089","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-07-20T20:09:23+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Smart Sand declares $0.10 special dividend payable Aug 12, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special cash dividend of $0.10 per share declared by board on July 16, 2026.","Payable August 12, 2026 to stockholders of record as of July 28, 2026.","CEO Charles Young notes $12M returned to stockholders YTD 2026 via dividends and buybacks.","Company cites strong sales volumes, healthy balance sheet, and disciplined cost management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":917959,"accession_number":"0001529628-26-000047","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-06-08T20:02:05+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Smart Sand stockholders approve 2026 equity incentive plan and ESPP at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders elected Sharon Spurlin (24.3M for) and Timothy Pawlenty (19.9M for) as Class I directors.","Ratified Grant Thornton LLP as independent auditor for FY2026 (32.8M for, 14.7K against).","Advisory say-on-pay approved: 24.3M for, 1.1M against, 95% support excluding broker non-votes.","Approved 2026 Equity Incentive Plan authorizing 2.4M new shares plus carryover from 2016 plan.","Approved 2026 Employee Stock Purchase Plan reserving 3M shares for employee purchases at 85% of FMV."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":471798,"accession_number":"0001529628-26-000039","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-05-15T20:34:45+00:00","items":["8.01"],"status":"ready","headline":"Smart Sand adopts 10b5-1 plan for up to $2.5M in share repurchases","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan allows purchases up to $2.5M (incl. commissions) under existing repurchase program.","No trades before June 1, 2026; plan ends upon full use or close of business Aug 10, 2026.","Broker has authority to repurchase shares at up to maximum daily target volume under Rule 10b-18.","Company not obligated to purchase any specific number of shares; plan is permissive."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":40047,"accession_number":"0001529628-26-000034","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-05-12T20:01:20+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q1 2026 revenue $93.1M, net loss $3.9M; record sand sales volume 1.492M tons","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record quarterly sand sales ~1.492M tons (+40% YoY); revenue $93.1M vs $65.6M YoY.","Net loss $(3.9)M ($(0.10)/share) vs net income $1.2M in Q4 2025; adjusted EBITDA $3.8M.","Free cash flow $0.8M; FY 2026 capex guidance $15-20M; expects positive free cash flow for 2026.","New $20M share repurchase program (through Apr 2, 2028); special dividend $0.10/share paid May 5, 2026 ($3.9M).","Guidance: FY 2026 sales volume growth 5-10% vs 2025; liquidity $19.5M cash + $30M undrawn credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":93111000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93456,"accession_number":"0001529628-26-000014","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-04-09T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Smart Sand declares special dividend of $0.10 per share, payable May 5, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special cash dividend of $0.10 per share declared, payable May 5, 2026.","Record date is April 22, 2026; stockholders at close of business on that date eligible.","CEO Charles Young cited cost discipline and strong balance sheet as enabling the dividend.","Smart Sand (NASDAQ: SND) continues evaluating opportunities to return capital to stockholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105097,"accession_number":"0001529628-26-000011","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-03-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Smart Sand adopts 10b5-1 trading plan for up to $2.5M share repurchase","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total purchase amount authorized up to $2.5 million, including commissions.","Plan effective from March 16, 2026, until earlier of fund exhaustion or May 11, 2026.","Daily purchases limited to maximum target volume under Rule 10b-18 of the Exchange Act.","Broker selected by company has discretion; no obligation to purchase specific number of shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105096,"accession_number":"0001529628-26-000007","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Smart Sand Q4 2025 revenue $86.0M, full-year net income $1.3M; approves $20M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue $86.0M (down 6% YoY); tons sold 1,478,000 (flat YoY).","Full-year 2025 revenue $330.2M (+6% YoY); net income $1.3M ($0.03 EPS) vs $3.0M in 2024.","Record full-year sales volumes 5,443,000 tons (+3% YoY); free cash flow $32.5M.","Board approved new $20M share repurchase program starting April 4, 2026, through April 3, 2028.","Expects 2026 sales volume growth of 5-10%; capex guided $15-20M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":330153000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121347,"accession_number":"0001529628-25-000132","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-11-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Smart Sand adopts 10b5-1 plan to repurchase up to $2.5M in shares","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Plan adopted under existing $10M buyback program; caps repurchases at $2.5M.","Trades begin no earlier than December 8, 2025 and end March 2, 2026 or when $2.5M used.","Daily purchases limited to maximum volume under Rule 10b-18.","Broker has discretion; no obligation to buy any specific number of shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121346,"accession_number":"0001529628-25-000130","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q3 revenue $92.8M, net income $3.0M; volumes up 24% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $92.8M (+24% YoY) on 1.472M tons sold; net income $0.08/sh vs ($0.00) a year ago.","Adjusted EBITDA $13.6M, up from $5.7M in Q3 2024; free cash flow $14.8M.","Record sales volumes into Canada; expanded Utica presence via Ohio terminals.","FY 2025 sales volume guidance 5.1-5.4M tons; expects to be free cash flow positive.","YTD returned $6.4M via $0.10 special dividend (Aug 2025) and 1M share buybacks."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":244108000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121345,"accession_number":"0001529628-25-000126","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["1.02","8.01"],"status":"ready","headline":"Smart Sand and EQT mutually terminate PPA, enter new frac sand supply agreement through 2027","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Mutual termination of Master Product Purchase Agreement, effective Dec 31, 2025; original PPA dated Aug 2, 2021.","New take-or-pay product purchase agreement with EQT for frac sand supply through 2027, effective Nov 4, 2025.","Both agreements include monthly capacity reservation charges; new agreement described as in ordinary course of business."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138004,"accession_number":"0001529628-25-000122","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-08-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q2 revenue $85.8M, net income $21.4M boosted by tax benefit, adjusted EBITDA $7.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $85.8M (Q2 2025), up 31% sequentially from $65.6M, up 16% YoY from $73.8M.","Net income $21.4M ($0.55/diluted share) includes $21.7M non-cash deferred tax benefit; compares to net loss of $24.2M in Q1 2025.","Adjusted EBITDA $7.8M, up from $1.4M in Q1 2025 but down from $11.9M in Q2 2024.","Sales volumes 1,424K tons (+33% sequential, +12% YoY). IPS sales up 28% QoQ; Utica frac sand 16% of total H1 volumes.","Declared $0.10/share special dividend ($4.3M) payable Aug 14, 2025; repurchased 855K shares for $1.8M in Q2. Expects FCF positive for FY2025."],"consensus_eps_estimate":0.0707,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":151328000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138003,"accession_number":"0001529628-25-000113","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Smart Sand declares special dividend of $0.10 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special cash dividend of $0.10 per share declared by the Board of Directors.","Dividend payable on August 14, 2025 to stockholders of record on August 4, 2025.","CEO Charles Young reaffirms commitment to returning value to stockholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155396,"accession_number":"0001529628-25-000096","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smart Sand annual meeting results: Young elected director, auditor ratified, say-on-pay approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Charles E Young elected Class III director with 19.7M for, 3.0M withheld, broker non-votes 8.8M.","Ratification of Grant Thornton as auditor: 31.1M for, 0.2M against, 0.1M abstain.","Advisory vote on executive compensation approved: 21.1M for, 1.2M against, 0.3M abstain, 8.8M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155395,"accession_number":"0001529628-25-000094","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Smart Sand adopts 10b5-1 plan to repurchase up to $1.5M in common stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Enters 10b5-1 trading plan for share repurchases up to $1.5 million (incl. commissions) under existing $10M program.","Trades begin May 28, 2025; plan expires upon full use or August 11, 2025.","Amends credit agreement with First-Citizens Bank to permit the plan, reaffirming existing obligations and collateral.","Plan allows repurchases during blackout periods; broker executes trades per plan terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155394,"accession_number":"0001529628-25-000091","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q1 net loss $24.2M; revenue $65.6M, down 21% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $24.2M ($0.62 loss per share) vs. net income $3.7M in Q4 2024 and net loss $0.2M in Q1 2024.","Revenue $65.6M, down from $83.1M YoY; tons sold 1.07M (-20% YoY) due to winter slowdown and strong Q4 2024.","Adjusted EBITDA $1.4M, down from $9.3M YoY; contribution margin $9.6M ($8.96/ton) vs. $18.5M ($13.85/ton) YoY.","Free cash flow positive at $5.2M; Q2 volumes expected to rise 10-20%; full-year guidance deferred.","Repurchased 135k shares for $0.3M in Q1; $9.7M remaining under $10M buyback program."],"consensus_eps_estimate":0.0404,"consensus_eps_actual":-0.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":65558000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173908,"accession_number":"0001529628-25-000061","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-03-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smart Sand announces participation in Sidoti Virtual Investor Conference","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Presentation on March 20, 2025 at 10:00 am ET; one-on-one meetings on March 19-20.","Free registration via Sidoti website; presentation accessible via live Zoom link.","Investor presentation (Exhibit 99.2) also furnished but not included in this filing excerpt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173907,"accession_number":"0001529628-25-000024","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2025-03-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand reports record annual volumes; Q4 net income $3.7M, EPS $0.10","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full year 2024 revenue $311.4M (+5% YoY); tons sold 5.26M (+17% YoY) – both record highs.","Q4 2024 revenue $91.4M (+45% sequentially); net income $3.7M ($0.10 EPS) vs Q3 net loss $0.1M.","Full year net income $3.0M ($0.08 EPS) down from $4.6M in 2023; operating income improved to $3.0M from loss.","Generated $10.9M free cash flow in 2024; cash $1.6M, $30M undrawn credit facility; paid $0.10 special dividend.","2025 guidance: sales volumes flat to +5% vs 2024; capex $13-17M; expects positive free cash flow."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190880,"accession_number":"0001529628-24-000180","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q3 2024 net loss $5.2M; revenue $63.2M, down 18% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss before income tax $5.2M vs net income $4.8M in Q3 2023; adjusted EBITDA $5.7M, down from $13.2M.","Revenue $63.2M, down 18% from $76.9M YoY; tons sold ~1.19M, down 2% from Q3 2023.","Paid $0.10/share special dividend Oct 28; board authorized $10M share buyback over 18 months.","New five-year $30M ABL credit facility with First Citizens Bank, undrawn at Sep 30.","Free cash flow positive $3.7M; FY 2024 capex guidance $8M-$10M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":220009000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190879,"accession_number":"0001529628-24-000170","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-10-03T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Smart Sand declares $0.10 special dividend and authorizes $10M share repurchase program","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special dividend of $0.10 per share payable Oct 28, 2024 to holders of record Oct 15, 2024.","Board authorizes 18-month share repurchase program of up to $10.0 million through April 3, 2026.","CEO Charles Young cites cost reductions and low leverage enabling capital return to stockholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207354,"accession_number":"0001529628-24-000167","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Smart Sand enters $30M ABL credit facility, replacing prior $20M facility maturing Dec 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $30M senior secured asset-based revolver with First-Citizens Bank; $1M drawn at closing, $29M available.","Replaces existing $20M Jefferies Finance facility set to mature December 13, 2024.","Interest rate: SOFR plus 2.75% margin; 5-year term, non-amortizing.","Fixed charge coverage ratio covenant of 1.1:1 applies in limited circumstances.","Borrowing base based on eligible inventory & accounts receivable; excludes real estate and sand reserves from collateral."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207353,"accession_number":"0001529628-24-000157","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q2 2024 revenue $73.8M; adjusted EBITDA $11.9M, free cash flow positive $13.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Tons sold 1.27M, up 18% YoY but down 5% sequentially; revenue $73.8M vs $83.1M in Q1 2024.","Adjusted EBITDA $11.9M, improvement from $9.3M in Q1; contribution margin $15.53/ton, up from $13.85.","Free cash flow positive $13.5M; full-year 2024 capex guidance $10-13M.","New $10M, 4-year equipment financing closed; cash $6.3M plus $18M undrawn ABL.","Expects to start marketing sand in Utica shale in Q3 via new Ohio terminals, targeting oil opportunities."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":156852000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224762,"accession_number":"0001529628-24-000123","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-06-07T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smart Sand stockholders elect two Class II directors, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Andrew Speaker elected Class II director with 19,143,004 for, 2,086,775 withheld; Frank Porcelli elected with 17,580,602 for, 3,649,177 withheld.","Ratification of Grant Thornton LLP as independent auditor approved: 30,272,170 for, 241,851 against, 92,566 abstained.","Advisory vote on named executive officer compensation approved: 19,969,319 for, 1,103,695 against, 156,765 abstained, with 9,376,808 broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224761,"accession_number":"0001529628-24-000111","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-05-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q1 2024: revenue $83.1M, adjusted EBITDA $9.3M, tons sold up 31% sequentially","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss narrowed to $0.2M ($0.01 loss per share) from $4.8M loss in Q4 2023.","Tons sold of 1.34M, up 31% sequentially and 12% YoY; revenue $83.1M vs $61.9M Q4 2023.","Contribution margin $18.5M ($13.85/ton) vs $9.2M in Q4 2023, driven by higher volumes and SmartSystems utilization.","Free cash flow negative $5.5M due to working capital; management expects positive free cash flow for full year 2024.","Full year 2024 capex guidance maintained at $15M-$20M; cash on hand $4.6M, undrawn ABL $6.0M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":83052000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":244031,"accession_number":"0001529628-24-000061","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-03-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand reports Q4 net loss of $4.8M, full year net income of $4.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2023 revenue $61.9M, down 16% YoY; tons sold 1,016,000, down 14% YoY and 17% sequentially.","Full year 2023 revenue $296.0M, up 16% YoY; record tons sold 4,514,000, up 4% YoY.","Q4 Adjusted EBITDA $1.0M vs $10.7M in Q4 2022; full year Adjusted EBITDA $34.1M vs $29.3M.","Cash on hand $6.1M, $12M undrawn on credit facility; free cash flow negative $9.6M in Q4, positive $8.0M for full year.","CEO states market activity improving in early 2024, with volumes trending back to Q3 2023 levels."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":244030,"accession_number":"0001529628-24-000002","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2024-01-04T23:59:59+00:00","items":["1.02"],"status":"ready","headline":"Smart Sand ends unused $25M stock sale agreement with Clearlake Capital","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Terminated Open Market Sale Agreement with Clearlake Capital and Jefferies, effective Jan 18, 2024.","Company had not sold any shares under the agreement; no termination penalties incurred.","Agreement allowed up to $25M in company stock sales and up to 10.9M shares from selling stockholder."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":261437,"accession_number":"0001529628-23-000135","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-12-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"José E. Feliciano resigns from Smart Sand Board effective Dec 31, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Resignation from Board and Compensation Committee, effective December 31, 2023.","Resignation not due to any disagreement with Company's operations, policies, or procedures.","Board will reduce aggregate board size by one to eliminate vacancy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":261436,"accession_number":"0001529628-23-000116","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q3 2023 revenue $76.9M, net income $6.7M; tons sold up 12% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $76.9M (up from $71.6M YoY); net income $6.7M ($0.18 EPS) vs $2.7M YoY.","Adjusted EBITDA $13.3M, up from $11.3M YoY; gross profit $14.4M vs $11.4M YoY.","Tons sold ~1,219,000, +10% sequential and +12% YoY; contribution margin $17.20/ton.","Free cash flow $5.6M in Q3; FY2023 capex estimated at $20-23M.","Cash on hand $9.3M and $19.0M undrawn ABL commitment as of Sep 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":234026000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":278671,"accession_number":"0001529628-23-000100","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-08-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smart Sand to present at EnerCom Denver conference; no material new information disclosed","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company will present at EnerCom Denver conference on August 15, 2023.","Presentation materials attached as Exhibit 99.1 contain no new financial results or guidance.","Materials are available on company website under Investors section.","No material changes to business or financial condition announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":278670,"accession_number":"0001529628-23-000097","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand reports Q2 net income of $6.3M, adjusted EBITDA $11.4M, and strong free cash flow","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income of $6.3M ($0.17/sh) vs Q1 net loss of $3.6M and Q2 2022 net loss of $0.1M.","Revenue of $74.8M; 1.084M tons sold down 9% QoQ; contribution margin $17.57/ton.","Adjusted EBITDA $11.4M; free cash flow $10.8M; net cash from ops $16.1M.","Started Blair, WI facility; first sand shipments to Canada; Industrial Products Solutions sales up 70% QoQ.","FY 2023 capex guidance $20-25M; cash $5.5M; $19M undrawn ABL capacity."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":157126000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":296898,"accession_number":"0001529628-23-000061","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-06-08T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smart Sand stockholders elect Spurlin and Pawlenty to board; ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Sharon Spurlin and Timothy J. Pawlenty elected as Class I directors for three-year terms.","Ratification of Grant Thornton LLP as auditor for 2023: 30,010,303 for, 464,668 against, 148,638 abstain.","Advisory approval of 2022 named executive officer compensation: 19,748,622 for, 1,403,377 against, 333,027 abstain.","Broker non-votes were 9,138,583 on director elections and say-on-pay; none on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":296897,"accession_number":"0001529628-23-000058","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-05-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smart Sand presents at Sidoti micro-cap conference; materials posted","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Company participates in Sidoti May Virtual Micro-Cap Conference on May 10, 2023.","Investor presentation attached as Exhibit 99.1 and available on company website.","Filing contains no new financial results, guidance, or operational updates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":296896,"accession_number":"0001529628-23-000056","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q1 revenue $82.4M, net loss narrows to $3.6M; Blair facility to launch Q2","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Tons sold ~1.2M, up 40% YoY; revenue $82.4M (+98% YoY).","Net loss $(3.6)M ($0.09/share) vs $(5.9)M loss in Q1 2022; adj. EBITDA $8.4M vs $(1.9)M.","Free cash flow $1.1M; FY 2023 capex guide $20-25M including Blair startup.","Blair facility in Canada expected online Q2, adding direct access to Canadian National rail.","Liquidity: cash $7.6M, $12M undrawn ABL, $7M borrowings outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":82350000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":317264,"accession_number":"0001529628-23-000038","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-03-31T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Smart Sand receives additional non-refundable prepayment from EQT under sand supply agreement","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Second Amendment to Master Product Purchase Agreement with EQT Production Company executed March 30, 2023.","EQT to make an additional non-refundable prepayment (amount redacted as immaterial/confidential) for future sand purchases.","Amendment restates Section 2.7 to include Supplemental Prepayment due on or before April 1, 2023.","Smart Sand COO John Young and EQT VP Steven Ko signed the amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":317263,"accession_number":"0001529628-23-000015","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-02-28T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Smart Sand repurchases all 5.18M shares from Clearlake for $8.85M, extends EQT frac sand contract","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Repurchased 5.18M shares (11.3% of outstanding) from Clearlake for $8.85M; $4.42M cash plus promissory note due Dec 15, 2023.","Amended EQT PPA: term extended through 2025, annual tonnage increased, additional flexibility.","Appointed Christopher Green as VP of Accounting and principal accounting officer (internal promotion, no new compensation)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":317262,"accession_number":"0001529628-23-000014","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2023-02-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q4 2022 revenue $73.8M, net income $2.6M; full year revenue up 102% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2022 revenue $73.8M vs $35.1M in Q4 2021 (+110%); net income $2.6M ($0.06/share) vs net loss $12.2M a year ago.","Full year 2022 revenue $255.7M vs $126.6M in 2021 (+102%); net loss narrowed to $0.7M vs $50.7M in 2021.","Q4 2022 tons sold 1.175M (+35% YoY); full year 4.333M (+36%). Contribution margin $14.77/ton (Q4) and $12.61/ton (FY).","Adjusted EBITDA $10.7M (Q4) and $29.3M (FY); free cash flow $2.4M (Q4) and negative $13.9M (FY) after capex and Blair mine acquisition.","Blair, WI mine and processing plant expected online in Q2 2023, targeting Canadian market."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":255740000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":335530,"accession_number":"0001529628-22-000129","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2022-11-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q3 2022 revenue $71.6M, net income $2.7M, EPS $0.06","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $71.6M vs $34.5M YoY; net income $2.7M vs loss of $7.3M in Q3 2021.","Adjusted EBITDA $11.3M, up from $9.2M Q2 2022 and $(1.0)M Q3 2021.","Tons sold 1.11M, down 7% sequentially but up 41% YoY; contribution margin $17.8M.","Free cash flow positive $6.4M; cash $10.4M; $13.0M undrawn ABL availability.","Full-year 2022 capex guidance $20-25M, including Blair facility acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":181911000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":352946,"accession_number":"0001529628-22-000120","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K/A","filed_at":"2022-08-25T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smart Sand board adopts annual Say-on-Pay vote frequency following stockholder advisory vote","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved annual advisory Say-on-Pay vote at June 7, 2022 annual meeting.","Board determined company will hold Say-on-Pay vote every year until required frequency vote in 2028.","Disclosure made via 8-K/A amendment; no other changes to original 8-K report."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":352947,"accession_number":"0001529628-22-000117","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2022-08-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q2 2022 revenue $68.7M; record tons sold 1.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $68.7M vs $29.6M Q2 2021; net loss narrowed to $0.1M from $27.3M.","Tons sold 1,196,000 (record), up 56% YoY; gross profit $9.0M vs $(2.4M) Q2 2021.","Adjusted EBITDA $9.2M vs $(21.5M) Q2 2021; contribution margin $12.75/ton.","Cash $2.1M, undrawn ABL $16.0M; FY2022 capex guidance $20-25M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":110319000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370582,"accession_number":"0001529628-22-000088","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2022-06-08T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smart Sand shareholders elect two directors, approve incentive plan expansion","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected José E. Feliciano and Charles E. Young as Class III directors for three-year term.","Ratified Grant Thornton LLP as auditor: 35,995,001 for, 365,710 against, 107,115 abstain.","Approved incentive plan amendment to increase shares: 24,610,613 for, 3,100,280 against, 8,680,067 broker non-votes.","Advisory vote on executive compensation approved: 26,029,761 for, 568,354 against, 1,189,644 abstain.","Advisory vote on frequency: 27,280,180 favored every year; company to hold advisory vote annually."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370581,"accession_number":"0001529628-22-000068","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2022-05-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q1 revenue $41.6M, net loss $5.9M; guides Q2 volumes up 25%+","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $41.6M (+18% seq; +51% YoY).","Net loss $5.9M ($0.14/sh) vs $12.2M ($0.29) in Q4'21 and $3.9M ($0.09) in Q1'21.","Contribution margin $4.3M ($4.99/ton) vs $1.9M ($2.18/ton) in Q4'21.","Expects Q2 volume up ≥25% seq; FY22 capex $25-30M incl $6.5M Blair facility."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":41605000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":389660,"accession_number":"0001529628-22-000031","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K/A","filed_at":"2022-03-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand posts FY 2021 net loss $50.7M, revenue $126.6M; acquires Hi-Crush Blair mine for $6.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY 2021 net loss $50.7M ($1.21/sh) vs net income $38.0M ($0.94/sh) in 2020; revenue $126.6M (+4% YoY).","Q4 2021 net loss $12.2M ($0.29/sh) on revenue $35.1M; tons sold 872,000 (+42% vs Q4 2020).","Adjusted EBITDA FY 2021 $(30.5)M vs $20.5M in 2020; Q4 2021 $(4.5)M.","Acquired Hi-Crush Blair facility for ~$6.5M cash; 2.8M tons/yr annual capacity, unit train on CN Rail.","Cash $25.6M at Dec 31, 2021; $14.9M undrawn on ABL credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":389662,"accession_number":"0001529628-22-000027","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2022-03-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand reports FY2021 revenue $126.6M, net loss $50.7M; acquires Hi-Crush Blair facility for $6.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2021 revenue $126.6M, net loss $50.7M ($1.21 loss per share); tons sold 3.19M, up 69% YoY.","Q4 2021 revenue $35.1M, net loss $12.2M, tons sold 872K; adjusted EBITDA -$4.5M.","Acquired Hi-Crush Blair mine in Wisconsin for $6.5M cash; 2.8M ton annual capacity, on CN rail, currently idle.","Free cash flow FY2021 $21.2M; cash $25.6M, undrawn ABL capacity $14.9M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":389661,"accession_number":"0001529628-22-000024","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2022-03-08T23:59:59+00:00","items":["1.01","2.01","9.01"],"status":"ready","headline":"Smart Sand acquires idled Wisconsin frac sand mine from Hi-Crush for $6.45M cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Hi-Crush Blair LLC for $6.45M cash; asset includes idled frac sand mine with 2.8M tons annual capacity and unit-train rail terminal.","Clearlake Capital affiliates own ~24% of Smart Sand and significant stake in Hi-Crush; transaction approved by disinterested directors.","Blair mine is currently idled; Smart Sand gains optionality to restart production when market conditions improve.","Purchase agreement includes customary representations, warranties, and indemnities; closing occurred on March 4, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":407608,"accession_number":"0001529628-21-000207","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2021-11-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Smart Sand Controller Susan Neumann to resign; CFO Beckelman to assume principal accounting officer role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Susan Neumann, VP of Accounting and Controller, resigns effective December 28, 2021.","Departure is for other career opportunities; no disputes over financial or accounting matters.","CFO Lee Beckelman will serve as Principal Accounting Officer after Neumann's departure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":407607,"accession_number":"0001529628-21-000204","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2021-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smart Sand Q3 2021 revenue $34.5M, net loss $7.3M; sand volumes up 156% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $7.3M ($0.17 per share); revenue up 17% sequentially to $34.5M vs $29.6M in Q2 2021.","Tons sold 790,000, up 3% QoQ and 156% YoY; contribution margin $4.1M ($5.19/ton).","Adjusted EBITDA negative $1.0M vs negative $21.5M in Q2 2021 (which included $19.6M bad debt).","Cash $36.7M at Sept 30; ABL facility undrawn with $16.5M availability; FY 2021 capex guided $14-16M.","New Waynesburg, PA terminal for Appalachian Basin expected to expand Northern White Sand market share."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.92,"consensus_revenue_estimate":null,"consensus_revenue_actual":91568000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":426623,"accession_number":"0001529628-21-000182","cik":1529628,"company_name":"Smart Sand, Inc.","ticker":"SND","form_type":"8-K","filed_at":"2021-08-04T23:59:59+00:00","items":["1.01","1.02","2.02","9.01"],"status":"ready","headline":"Smart Sand Q2 revenue $29.6M; settles litigation for $35M cash; signs new EQT supply deal","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $29.6M vs $26.1M YoY; tons sold 767k (up 269% YoY).","Net loss $(27.3)M ($0.65/share) due to $19.6M non-cash bad debt from U.S. Well settlement.","Received $35M cash from U.S. Well settlement; operating cash flow $32.6M, free cash flow $29.7M.","Entered multi-year take-or-pay supply agreement with EQT, replacing terminated prior agreements.","FY 2021 capex guidance $10M-$12M; cash on hand $39.3M at June 30."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":57089000.0,"consensus_period":"2021-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":205686480.75306123,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}