---
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"
generated_at: "2026-05-15T23:33:41.171930+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Smart Sand Q4 2025 revenue $86.0M, full-year net income $1.3M; approves $20M buyback

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-26-000007
- JSON: https://secwatch.observer/filing/0001529628-26-000007.json
- Plain text: https://secwatch.observer/filing/0001529628-26-000007.txt

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