---
schema_version: "secwatch.filing_event.v1"
accession: "0001529628-22-000027"
form_type: "8-K"
ticker: "SND"
cik: "0001529628"
company_name: "Smart Sand, Inc."
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:44:42.789230+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smart Sand reports FY2021 revenue $126.6M, net loss $50.7M; acquires Hi-Crush Blair facility for $6.5M

## Summary
- 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.

## SEC filing metadata
- accession: 0001529628-22-000027
- form_type: 8-K
- ticker: SND
- cik: 0001529628
- company_name: Smart Sand, Inc.
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529628/000152962822000027/0001529628-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529628/000152962822000027/snd-20220308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-22-000027
- JSON: https://secwatch.observer/filing/0001529628-22-000027.json
- Plain text: https://secwatch.observer/filing/0001529628-22-000027.txt

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