---
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"
generated_at: "2026-05-17T14:29:38.341989+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Smart Sand Q2 revenue $85.8M, net income $21.4M boosted by tax benefit, adjusted EBITDA $7.8M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-25-000122
- JSON: https://secwatch.observer/filing/0001529628-25-000122.json
- Plain text: https://secwatch.observer/filing/0001529628-25-000122.txt

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