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Smart Sand, Inc. SND Sand Segment — Gross Profit

Other segment segments

SmartSystems Segment
-$538K-2,732%

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JAN
JANSegments Total — Gross Profit Percentage
10.3%-1.6pp

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

Reported directly by Smart Sand, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

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 sand segment — gross profit?
Smart Sand, Inc. (SND) reported sand segment — gross profit of $6.65M in Q1 2026.
How has Smart Sand, Inc.'s sand segment — gross profit changed year-over-year?
Smart Sand, Inc.'s sand segment — gross profit increased by 138.1% year-over-year, from $2.79M to $6.65M.
What is the long-term trend for Smart Sand, Inc.'s sand segment — gross profit?
Over 3 years (2022 to 2025), Smart Sand, Inc.'s sand segment — gross profit has grown at a 9.0% compound annual growth rate (CAGR), from $29.32M to $37.94M.
What does sand segment — gross profit mean?
This represents the residual profit after deducting the cost of goods sold from the segment's total revenue. It indicates the fundamental profitability of the segment's core business activities and its ability to cover operating expenses.