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Other financials

Income statement

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Revenue$93.1M+42.0%
Gross profit$6.1M+120%
Operating income-$4.9M+30.9%
Net income-$3.9M+84.1%
EPS (diluted)-$0.10+83.9%

Balance sheet

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Cash & equivalents$19.5M+281%
Total debt$39.1M+18.2%
Total equity$234.1M+6.5%
Total assets$335.7M+2.7%

Cash flow

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Operating cash flow$3.0M-65.1%
CapEx$2.2M-37.8%
Free cash flow$842.0K-83.8%

Valuation

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Market cap$215.36M+121%
Enterprise value$235.02M+62.5%
P/E9.9×-111×
P/S0.6×+0.3×

Profitability

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Gross margin11.5%-0.7pp
Operating margin-0.6%-0.2pp
Net margin6.1%+3.9pp
FCF margin7.9%+0.3pp

Returns & leverage

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Return on equity9.6%+6.4pp
Debt / equity0.2×0.0×
Current ratio1.7×-0.1×

Where this comes from

Calculated from Smart Sand, Inc.’s reported figures.

$4.9Mebit+
$569.0KDepreciation Depletion & Amortization
=-$4.3M

The official record: Smart Sand, Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Smart Sand, Inc.'s EBITDA?
Smart Sand, Inc. (SND) reported EBITDA of -$4.3M in Q1 2026.
How has Smart Sand, Inc.'s EBITDA changed year-over-year?
Smart Sand, Inc.'s EBITDA increased by 33.1% year-over-year, from -$6.43M to -$4.3M.
What is the long-term trend for Smart Sand, Inc.'s EBITDA?
Over 3 years (2021 to 2025), Smart Sand, Inc.'s EBITDA has grown at a -67.7% compound annual growth rate (CAGR), from -$61.51M to -$2.07M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.