{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-25-000122","form_type":"8-K","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2025-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.240717+00:00","generated_at":"2026-05-17T14:29:38.341989+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Smart Sand Q2 revenue $85.8M, net income $21.4M boosted by tax benefit, adjusted EBITDA $7.8M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-25-000122","json":"https://secwatch.observer/filing/0001529628-25-000122.json","markdown":"https://secwatch.observer/filing/0001529628-25-000122.md","text":"https://secwatch.observer/filing/0001529628-25-000122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962825000122/0001529628-25-000122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962825000122/snd-20250812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T14:29:38.341989+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}