---
schema_version: "secwatch.filing_event.v1"
accession: "0001529628-22-000031"
form_type: "8-K/A"
ticker: "SND"
cik: "0001529628"
company_name: "Smart Sand, Inc."
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:22:31.305699+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smart Sand posts FY 2021 net loss $50.7M, revenue $126.6M; acquires Hi-Crush Blair mine for $6.5M

## Summary
- 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.

## SEC filing metadata
- accession: 0001529628-22-000031
- form_type: 8-K/A
- ticker: SND
- cik: 0001529628
- company_name: Smart Sand, Inc.
- filed_at: 2022-03-09T23:59:59+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/1529628/000152962822000031/0001529628-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529628/000152962822000031/snd-20220308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-22-000031
- JSON: https://secwatch.observer/filing/0001529628-22-000031.json
- Plain text: https://secwatch.observer/filing/0001529628-22-000031.txt

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