Highest-materiality recent filing
Smart Sand names James Young CFO effective Jan 1, 2027; base $400K, LTIP $600K
James Young will succeed Lee Beckelman as CFO effective January 1, 2027.
Smart Sand posts record Q2 revenue $115.1M, EPS $0.26; CFO Beckelman to step down Jan 1
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.
Smart Sand Q1 2026 revenue $93.1M, net loss $3.9M; record sand sales volume 1.492M tons
Record quarterly sand sales ~1.492M tons (+40% YoY); revenue $93.1M vs $65.6M YoY.
Smart Sand Q4 2025 revenue $86.0M, full-year net income $1.3M; approves $20M buyback
Q4 2025 revenue $86.0M (down 6% YoY); tons sold 1,478,000 (flat YoY).
Smart Sand Q3 revenue $92.8M, net income $3.0M; volumes up 24% YoY
Revenue $92.8M (+24% YoY) on 1.472M tons sold; net income $0.08/sh vs ($0.00) a year ago.
Smart Sand and EQT mutually terminate PPA, enter new frac sand supply agreement through 2027
Mutual termination of Master Product Purchase Agreement, effective Dec 31, 2025; original PPA dated Aug 2, 2021.
Smart Sand Q2 revenue $85.8M, net income $21.4M boosted by tax benefit, adjusted EBITDA $7.8M
Revenue $85.8M (Q2 2025), up 31% sequentially from $65.6M, up 16% YoY from $73.8M.
Smart Sand Q1 net loss $24.2M; revenue $65.6M, down 21% YoY
Net loss of $24.2M ($0.62 loss per share) vs. net income $3.7M in Q4 2024 and net loss $0.2M in Q1 2024.
Smart Sand reports record annual volumes; Q4 net income $3.7M, EPS $0.10
Full year 2024 revenue $311.4M (+5% YoY); tons sold 5.26M (+17% YoY) – both record highs.
Smart Sand Q3 2024 net loss $5.2M; revenue $63.2M, down 18% YoY
Net loss before income tax $5.2M vs net income $4.8M in Q3 2023; adjusted EBITDA $5.7M, down from $13.2M.
Smart Sand declares $0.10 special dividend and authorizes $10M share repurchase program
Special dividend of $0.10 per share payable Oct 28, 2024 to holders of record Oct 15, 2024.
Smart Sand Q2 2024 revenue $73.8M; adjusted EBITDA $11.9M, free cash flow positive $13.5M
Tons sold 1.27M, up 18% YoY but down 5% sequentially; revenue $73.8M vs $83.1M in Q1 2024.
Smart Sand Q1 2024: revenue $83.1M, adjusted EBITDA $9.3M, tons sold up 31% sequentially
Net loss narrowed to $0.2M ($0.01 loss per share) from $4.8M loss in Q4 2023.
Smart Sand reports Q4 net loss of $4.8M, full year net income of $4.6M
Q4 2023 revenue $61.9M, down 16% YoY; tons sold 1,016,000, down 14% YoY and 17% sequentially.
Smart Sand Q3 2023 revenue $76.9M, net income $6.7M; tons sold up 12% YoY
Revenue $76.9M (up from $71.6M YoY); net income $6.7M ($0.18 EPS) vs $2.7M YoY.
Smart Sand reports Q2 net income of $6.3M, adjusted EBITDA $11.4M, and strong free cash flow
Q2 net income of $6.3M ($0.17/sh) vs Q1 net loss of $3.6M and Q2 2022 net loss of $0.1M.
Smart Sand Q1 revenue $82.4M, net loss narrows to $3.6M; Blair facility to launch Q2
Tons sold ~1.2M, up 40% YoY; revenue $82.4M (+98% YoY).
Smart Sand Q4 2022 revenue $73.8M, net income $2.6M; full year revenue up 102% YoY
Q4 2022 revenue $73.8M vs $35.1M in Q4 2021 (+110%); net income $2.6M ($0.06/share) vs net loss $12.2M a year ago.
Smart Sand repurchases all 5.18M shares from Clearlake for $8.85M, extends EQT frac sand contract
Repurchased 5.18M shares (11.3% of outstanding) from Clearlake for $8.85M; $4.42M cash plus promissory note due Dec 15, 2023.
Smart Sand Q3 2022 revenue $71.6M, net income $2.7M, EPS $0.06
Revenue $71.6M vs $34.5M YoY; net income $2.7M vs loss of $7.3M in Q3 2021.
Smart Sand Q2 2022 revenue $68.7M; record tons sold 1.2M
Revenue of $68.7M vs $29.6M Q2 2021; net loss narrowed to $0.1M from $27.3M.
Smart Sand Q1 revenue $41.6M, net loss $5.9M; guides Q2 volumes up 25%+
Revenue $41.6M (+18% seq; +51% YoY).
Smart Sand posts FY 2021 net loss $50.7M, revenue $126.6M; acquires Hi-Crush Blair mine for $6.5M
FY 2021 net loss $50.7M ($1.21/sh) vs net income $38.0M ($0.94/sh) in 2020; revenue $126.6M (+4% YoY).
Smart Sand acquires idled Wisconsin frac sand mine from Hi-Crush for $6.45M cash
Acquired Hi-Crush Blair LLC for $6.45M cash; asset includes idled frac sand mine with 2.8M tons annual capacity and unit-train rail terminal.
FY2021 revenue $126.6M, net loss $50.7M ($1.21 loss per share); tons sold 3.19M, up 69% YoY.
Smart Sand Q3 2021 revenue $34.5M, net loss $7.3M; sand volumes up 156% YoY
Net loss of $7.3M ($0.17 per share); revenue up 17% sequentially to $34.5M vs $29.6M in Q2 2021.
Smart Sand Q2 revenue $29.6M; settles litigation for $35M cash; signs new EQT supply deal
Revenue $29.6M vs $26.1M YoY; tons sold 767k (up 269% YoY).
On December 21, 2023, the Company received a letter of resignation from José E. Feliciano indicating that he has resigned from his position on the Board of Directors of the Company (the “Board”) and from the Compensation Committee of the Board, effective December 31, 2023.
On February 22, 2023, the Board of Directors of the Company appointed Christopher Green as the Company’s Vice President of Accounting and principal accounting officer, effective immediately.
On November 22, 2021, Susan Neumann provided notice of her intention to resign from her position as the Vice President of Accounting and Controller (Principal Accounting Officer) of Smart Sand, Inc. (the “Company”), effective December 28, 2021.
Lee Beckelman, the Company’s Chief Financial Officer, will be the Principal Accounting Officer of the Company after Ms. Neumann’s departure.
Max materiality 0.80 · Median 0.65 · Most common event earnings