)
Visual
test
Smart Sand
Smart Sand (SND) investor relations material
Smart Sand Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary12 Nov, 2025
Executive summary
Q3 2025 revenue increased 47% year-over-year to $92.8 million, driven by higher sand volumes, prices, and a $4.4 million contractual charge; up from $85.8 million in Q2 2025 and $63.2 million in Q3 2024.
Net income for Q3 2025 was $3.0 million, a significant improvement from a net loss of $0.1 million in Q3 2024, with fluctuations due to non-cash deferred income tax expense.
For the nine months ended September 30, 2025, revenue rose 11% year-over-year to $244.1 million, with net income of $0.2 million compared to a net loss of $0.7 million in the prior year.
Record sales volumes into Canada and expanded presence in the Utica shale and traditional markets like Marcellus and Bakken.
Financial highlights
Q3 2025 gross profit was $14.9 million, up from $6.5 million in Q3 2024 and $9.0 million in Q2 2025.
Adjusted EBITDA for Q3 2025 was $13.6 million, up from $5.7 million in Q3 2024 and $7.8 million in Q2 2025; for the nine months, adjusted EBITDA was $22.8 million, down from $26.9 million in the prior year.
Free cash flow for Q3 2025 was $14.8 million, up from $3.7 million in Q3 2024 and $(7.8) million in Q2 2025; for the nine months, free cash flow was $12.1 million, up from $11.7 million.
Cash flow from operations was $18.2 million in Q3 2025, up from $(5.1) million in Q2 2025 and $5.8 million in Q3 2024.
Cash on hand at September 30, 2025 was $5.1 million, with $30 million undrawn on the credit facility.
Outlook and guidance
Full year 2025 capital expenditures are expected to be $15–17 million, focused on mine development, facility efficiency, and terminal expansion, excluding acquisitions.
Anticipates some seasonal slowdown in Q4 2025 but expects full-year sales volumes between 5.1 and 5.4 million tons.
Expects to remain free cash flow positive for the year.
Management believes liquidity and capital resources are sufficient for the next twelve months.
Q3 contribution margin per ton sustainability?
Capital return strategy beyond current buyback program?
2026 cash tax expectations?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%.
Next Smart Sand earnings date
Q4 20253 Mar, 2026
Smart Sand
Next Smart Sand earnings date
Q4 20253 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Smart Sand Inc. engages in the mining, processing, and sale of industrial sand, particularly Northern White sand, used primarily in hydraulic fracturing operations. The company provides frac sand logistics and storage solutions to oilfield service companies and exploration and production operators. The company is headquartered in The Woodlands, Texas, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage