Smart Sand, Inc.
Smart Sand, Inc. (Nasdaq: SND) is an integrated frac and industrial sand supplier and logistics services company. It produces Northern White sand, used as a proppant in hydraulic fracturing and in industrial applications, and provides mine-to-wellsite delivery, transloading, storage and proppant management services.… From the company’s description.
Over the twelve months to Jun 30, 2026, Smart Sand, Inc. reported revenue of $386.99M, up 26.5% from a year earlier, and net income of $10.49M. Its operating margin was 2.0%, and operations generated $46.98M in cash. In fiscal 2025, it reported revenue of $330.15M, up 6.0% from fiscal 2024, and net income of $1.34M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Smart Sand, Inc. does
In the company’s own words
Smart Sand, Inc. (Nasdaq: SND) is an integrated frac and industrial sand supplier and logistics services company. It produces Northern White sand, used as a proppant in hydraulic fracturing and in industrial applications, and provides mine-to-wellsite delivery, transloading, storage and proppant management services. Its customers include oil and natural gas exploration and production companies, oilfield service companies, and industrial and commercial businesses. Smart Sand reports two operating segments: Sand, which includes frac and industrial sand production and sales, and SmartSystems, which provides wellsite proppant handling equipment and services. Industrial Products Solutions, introduced in 2021, serves markets including glass, foundry, building products, filtration, geothermal, renewables, ceramics, turf and recreation, and represents approximately 5% of the business. SmartSystems offerings include SmartDepot storage silos, SmartBelt conveyors and the SmartPath proppant management system. The company operates mines and processing facilities in Oakdale and Blair, Wisconsin, and Ottawa, Illinois, with approximately 10.0 million tons of annual sand processing capacity. In 2025, EQT Corporation and EOG Resources accounted for 27.7% and 10.9% of total revenue, respectively.
Company details
- Sector
- Materials
- Industry (SIC)
- Mining
- Headquarters
- YARDLEY, PA
- Fiscal year end
- December
- CIK
- 1529628
- SIC
- 1400
Financial performance, year by year
Fiscal 2016–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Smart Sand, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Smart Sand, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Smart Sand, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Smart Sand, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Smart Sand, Inc.'s last four quarterly filings that the numbers alone won't show?”
