---
schema_version: "secwatch.filing_event.v1"
accession: "0001529628-25-000024"
form_type: "8-K"
ticker: "SND"
cik: "0001529628"
company_name: "Smart Sand, Inc."
filed_at: "2025-03-04T23:59:59+00:00"
generated_at: "2026-05-25T13:53:20.869170+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smart Sand reports record annual volumes; Q4 net income $3.7M, EPS $0.10

## Summary
- 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.

## SEC filing metadata
- accession: 0001529628-25-000024
- form_type: 8-K
- ticker: SND
- cik: 0001529628
- company_name: Smart Sand, Inc.
- filed_at: 2025-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1529628/000152962825000024/0001529628-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529628/000152962825000024/snd-20250303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-25-000024
- JSON: https://secwatch.observer/filing/0001529628-25-000024.json
- Plain text: https://secwatch.observer/filing/0001529628-25-000024.txt

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