{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-26-000007","form_type":"8-K","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.342527+00:00","generated_at":"2026-05-15T23:33:41.171930+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Smart Sand Q4 2025 revenue $86.0M, full-year net income $1.3M; approves $20M buyback","bullets":["Q4 2025 revenue $86.0M (down 6% YoY); tons sold 1,478,000 (flat YoY).","Full-year 2025 revenue $330.2M (+6% YoY); net income $1.3M ($0.03 EPS) vs $3.0M in 2024.","Record full-year sales volumes 5,443,000 tons (+3% YoY); free cash flow $32.5M.","Board approved new $20M share repurchase program starting April 4, 2026, through April 3, 2028.","Expects 2026 sales volume growth of 5-10%; capex guided $15-20M."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-26-000007","json":"https://secwatch.observer/filing/0001529628-26-000007.json","markdown":"https://secwatch.observer/filing/0001529628-26-000007.md","text":"https://secwatch.observer/filing/0001529628-26-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962826000007/0001529628-26-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962826000007/snd-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:33:41.171930+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"}