---
schema_version: "secwatch.filing_event.v1"
accession: "0001529628-21-000204"
form_type: "8-K"
ticker: "SND"
cik: "0001529628"
company_name: "Smart Sand, Inc."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:39:57.191361+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Smart Sand Q3 2021 revenue $34.5M, net loss $7.3M; sand volumes up 156% YoY

## Summary
- 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.

## SEC filing metadata
- accession: 0001529628-21-000204
- form_type: 8-K
- ticker: SND
- cik: 0001529628
- company_name: Smart Sand, Inc.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529628/000152962821000204/0001529628-21-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529628/000152962821000204/snd-20211109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-21-000204
- JSON: https://secwatch.observer/filing/0001529628-21-000204.json
- Plain text: https://secwatch.observer/filing/0001529628-21-000204.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.