Smart Sand, Inc.
SND Nasdaq· Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
Last close · Oct 23, 2026
$4.76
KIRA · Stoqly’s AI analyst, in plain words
- Smart Sand, Inc. had $330M of revenue in fiscal 2025, up 6.0% on the year before. Over five years, revenue changed +22.0% a year on average.
- Its operating margin was −1.4%, down 2.3 pts: of every 100 in sales, about −1 is left after running the business.
- Smart Sand, Inc. made $1.3M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −25.4% a year.
- Free cash flow was $32.5M in fiscal 2025, 9.9% of revenue.
- Smart Sand, Inc. returned $6.6M to shareholders in fiscal 2025, 20% of free cash flow. The diluted share count rose 1.3%.
- Smart Sand, Inc. has $7.2M more cash than debt.
Market cap
$197M
P/E
18.3x
Revenue
$330M
Net income
$1.3M
Free cash flow
$32.5M
Operating margin
−1.4%
Smart Sand, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+6.0%
Yes. Sales grew 6.0% last year.
Does it make a profit?
0.4%
A little. It keeps 0.4% of every sale as profit.
Does profit turn into cash?
9.9%
Partly. 9.9% of sales ends up as free cash.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
18.3x
One share costs 18.3 times its yearly profit per share.
What Smart Sand, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- Smart Sand, Inc.
- CIK
- 0001529628
Smart Sand, Inc. · SND
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $127M | $256M | $296M | $311M | $330M |
| Revenue growth | 3.5% | 101.9% | 15.7% | 5.2% | 6.0% |
| Gross margin | −12.6% | 11.6% | 14.0% | 14.4% | 11.5% |
| Operating margin | −50.1% | −1.2% | −0.5% | 1.0% | −1.4% |
| Net income | −$50.7M | −$0.7M | $4.6M | $3.0M | $1.3M |
| Net margin | −40.0% | −0.3% | 1.6% | 1.0% | 0.4% |
| Diluted EPS | −$1.21 | −$0.02 | $0.12 | $0.08 | $0.03 |
| Cash | |||||
| Cash from operations | $32.4M | $5.4M | $31.0M | $17.9M | $44.1M |
| Capital expenditure | $11.2M | $12.7M | $23.0M | $7.0M | $11.6M |
| Free cash flow | $21.2M | −$7.3M | $8.0M | $10.9M | $32.5M |
| FCF margin | 16.8% | −2.9% | 2.7% | 3.5% | 9.9% |
| Dividends paid | — | $0.0M | $0.0M | $3.9M | $5.9M |
| Share buybacks | $0.4M | $0.5M | $0.0M | $0.4M | $0.6M |
| Share count change | 3.8% | 1.5% | −7.9% | 0.1% | 1.3% |
| Debt and strength | |||||
| Cash and short-term investments | $25.6M | $5.5M | $6.1M | $1.6M | $22.6M |
| Debt incl. finance leases | $22.8M | $18.6M | $21.0M | $15.2M | $15.3M |
| Shareholders' equity | $241M | $243M | $242M | $244M | $240M |
| Net debt / EBITDA | — | — | 14.4x | 2.4x | — |
| Current ratio | 1.5x | 1.3x | 1.1x | 1.7x | 1.8x |
| Returns and quality | |||||
| Return on capital | −21.1% | −1.0% | −0.5% | 1.2% | −1.5% |
| Return on equity | −19.1% | −0.3% | 1.9% | 1.2% | 0.6% |
| Return on tangible equity | −21.7% | −0.3% | 2.0% | 1.3% | 0.6% |
| Piotroski F-score | 4 | 6 | 7 | 7 | 5 |
| Altman Z'' | 1.8 | 3.1 | 3.3 | 4.0 | 3.8 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$2.6M
6 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Smart Sand, Inc. · SND
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $4.76 a share, the company is worth $197M: 18.3 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001529628). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.