secwatch.observer — SEC 8-K summary
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Issuer:     Smart Sand, Inc. (SND)
CIK:        0001529628
Form:       8-K
Filed at:   2026-08-11T20:01:02+00:00
Accession:  0001529628-26-000096
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529628/000152962826000096/0001529628-26-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529628/000152962826000096/snd-20260811.htm
  HTML page:      https://secwatch.observer/filing/0001529628-26-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer