Smart Sand posts record Q2 revenue $115.1M, EPS $0.26; CFO Beckelman to step down Jan 1

Smart Sand, Inc.

Q2 revenue $115.1M, up 34% YoY; tons sold 1.864M, up 31%; net income $10.2M ($0.26 EPS) vs net loss $3.9M in Q1.
Adjusted EBITDA $18.7M vs $7.8M YoY; gross profit $19.8M; contribution margin $27.1M at $14.54/ton.
Guides 2026 sales volumes +10-20% vs 2025; expects positive free cash flow; capex $15-20M.
CFO Lee Beckelman steps down Jan 1, 2027, becomes advisor through 2030; James Young (current GC) to succeed as CFO.
Declared special dividend $0.10/share payable Aug 12; repurchased 470,088 shares for $2.5M in Q2; $30M undrawn credit.

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