Smart Sand, Inc. (SND) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 93.11M | 86.05M | 92.78M | 85.77M | 65.56M | 91.36M | 63.16M | 73.8M | 83.05M | 61.95M | 76.9M | 74.78M | 82.35M | 73.83M | 71.59M | 68.71M | 41.6M | 35.08M | 34.48M | 29.64M |
| Revenue Growth % | 42.03% | -5.82% | 46.9% | 16.22% | -21.06% | 47.49% | -17.87% | -1.31% | 0.85% | -16.09% | 7.41% | 8.82% | 97.93% | 110.46% | 107.64% | 131.84% | 51.57% | 38.45% | 47.29% | 13.53% |
| Cost of Goods Sold | 87.57M | 75.4M | 77.84M | 76.81M | 62.79M | 77.91M | 56.67M | 60.73M | 71.24M | 64.29M | 62.5M | 62.09M | 70.71M | 62.66M | 60.16M | 59.74M | 43.59M | 41.6M | 36.53M | 32M |
| COGS % of Revenue | 94.05% | 87.63% | 83.9% | 89.56% | 95.77% | 85.28% | 89.73% | 82.29% | 85.78% | 103.79% | 81.28% | 83.03% | 85.87% | 84.87% | 84.04% | 86.94% | 104.76% | 118.59% | 105.94% | 107.96% |
| Gross Profit | 5.54M | 10.65M | 14.94M | 8.96M | 2.77M | 13.45M | 6.49M | 13.07M | 11.81M | -2.35M | 14.4M | 12.69M | 11.64M | 11.17M | 11.43M | 8.97M | -1.98M | -6.52M | -2.05M | -2.36M |
| Gross Margin % | 5.95% | 12.37% | 16.1% | 10.44% | 4.23% | 14.72% | 10.27% | 17.71% | 14.22% | -3.79% | 18.72% | 16.97% | 14.13% | 15.13% | 15.96% | 13.06% | -4.76% | -18.59% | -5.94% | -7.96% |
| Gross Profit Growth % | 99.82% | -20.86% | 130.23% | -31.48% | -76.53% | 673.65% | -54.95% | 3.03% | 1.5% | -120.99% | 25.98% | 41.44% | 687.43% | 271.3% | 658.33% | 480.13% | 60.2% | 14.89% | -139.5% | -116.62% |
| Operating Expenses | 10.71M | 13.09M | 9.68M | 9.03M | 9.82M | 9.85M | 11.4M | 9.54M | 11.03M | 5.58M | 9.47M | 9.61M | 13.24M | 9.52M | 7.65M | 7.58M | 7.97M | 8.47M | 6.71M | 26.31M |
| OpEx % of Revenue | 11.5% | 15.21% | 10.43% | 10.53% | 14.98% | 10.78% | 18.05% | 12.93% | 13.28% | 9.01% | 12.32% | 12.85% | 16.08% | 12.89% | 10.69% | 11.04% | 19.15% | 24.15% | 19.46% | 88.76% |
| Selling, General & Admin | 10.71M | 13.09M | 9.09M | 0 | 9.24M | 0 | 0 | 0 | 10.35M | 5.58M | 8.92M | 8.95M | 10.76M | 8.92M | 7.1M | 7.04M | 7.44M | 7.98M | 6.36M | 6.14M |
| SG&A % of Revenue | 11.5% | 15.21% | 9.79% | - | 14.1% | - | - | - | 12.46% | 9.01% | 11.6% | 11.97% | 13.07% | 12.08% | 9.91% | 10.24% | 17.88% | 22.75% | 18.44% | 20.72% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 792K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 0.87% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 589K | 1000K | 579K | 1000K | 1000K | 1000K | 677K | 0 | 555K | 653K | 1000K | 598K | 556K | 547K | 527K | 490K | 352K | 1000K |
| Operating Income | -5.17M | -2.44M | 5.26M | -77K | -7.05M | 3.6M | -4.91M | 3.53M | 784K | -7.92M | 4.93M | 3.08M | -1.61M | 1.66M | 3.78M | 1.39M | -9.95M | -14.99M | -8.76M | -28.67M |
| Operating Margin % | -5.55% | -2.83% | 5.67% | -0.09% | -10.75% | 3.94% | -7.78% | 4.78% | 0.94% | -12.79% | 6.41% | 4.12% | -1.95% | 2.24% | 5.28% | 2.02% | -23.91% | -42.74% | -25.4% | -96.73% |
| Operating Income Growth % | 26.67% | -167.67% | 207.08% | -102.18% | -999.23% | 145.48% | -199.72% | 14.43% | 148.76% | -578.5% | 30.42% | 122.28% | 83.84% | 111.05% | 143.14% | 104.84% | 10.11% | 28.46% | -601.04% | -431.28% |
| EBITDA | 2.56M | 5M | 12.71M | 7.37M | 447K | 10.85M | 1.88M | 10.92M | 8.22M | -614K | 12.14M | 10.07M | 5.14M | 8.44M | 10.67M | 8.22M | -3.18M | -8.42M | -2.23M | -22.24M |
| EBITDA Margin % | 2.75% | 5.81% | 13.7% | 8.59% | 0.68% | 11.88% | 2.98% | 14.8% | 9.9% | -0.99% | 15.79% | 13.46% | 6.25% | 11.43% | 14.91% | 11.97% | -7.65% | -24.01% | -6.45% | -75.04% |
| EBITDA Growth % | 472.04% | -53.96% | 576.06% | -32.55% | -94.56% | 1867.75% | -84.52% | 8.51% | 59.88% | -107.28% | 13.79% | 22.41% | 261.71% | 200.15% | 579.69% | 136.98% | 29.22% | 42.79% | -151.22% | -256.76% |
| D&A (Non-Cash Add-back) | 7.73M | 7.44M | 7.45M | 7.45M | 7.5M | 7.25M | 6.79M | 7.4M | 7.44M | 7.31M | 7.22M | 6.98M | 6.75M | 6.78M | 6.9M | 6.84M | 6.77M | 6.57M | 6.53M | 6.43M |
| EBIT | -5.17M | -2.44M | 5.4M | -757K | -6.92M | 3.6M | -3.85M | 3.53M | 880K | -7.79M | 5.12M | 3.24M | -1.56M | 2.07M | 3.92M | 1.44M | -9.74M | -14.68M | -6.96M | -25.2M |
| Net Interest Income | -255K | -491K | -320K | -316K | -342K | -543K | -344K | -393K | -489K | -332K | -276K | -223K | -441K | -364K | -411K | -406K | -427K | -452K | -467K | -513K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 255K | 491K | 320K | 316K | 342K | 543K | 344K | 393K | 489K | 332K | 276K | 223K | 441K | 364K | 411K | 406K | 427K | 452K | 467K | 513K |
| Other Income/Expense | 138K | -635K | -182K | -250K | -213K | -409K | -322K | -1.63M | -393K | -194K | -78K | -64K | -393K | 48K | -263K | -350K | -215K | -136K | 1.32M | 2.95M |
| Pretax Income | -5.03M | -3.07M | 5.08M | -327K | -7.26M | 3.19M | -5.23M | 1.9M | 391K | -8.12M | 4.85M | 3.02M | -2M | 1.7M | 3.51M | 1.04M | -10.16M | -15.13M | -7.43M | -25.71M |
| Pretax Margin % | -5.4% | -3.57% | 5.47% | -0.38% | -11.08% | 3.5% | -8.29% | 2.57% | 0.47% | -13.1% | 6.3% | 4.04% | -2.43% | 2.31% | 4.91% | 1.51% | -24.43% | -43.13% | -21.55% | -86.76% |
| Income Tax | -1.17M | -4.25M | 2.08M | -21.72M | 16.97M | -541K | -5.14M | 2.33M | 607K | -3.33M | -1.88M | -3.29M | 1.6M | -923K | 831K | 1.13M | -4.24M | -2.9M | -169K | 1.55M |
| Effective Tax Rate % | 23.29% | 138.32% | 40.88% | 6643.12% | -233.62% | -16.93% | 98.13% | 122.63% | 155.24% | 41.04% | -38.76% | -108.91% | -79.86% | -54.17% | 23.65% | 108.68% | 41.72% | 19.14% | 2.27% | -6.04% |
| Net Income | -3.86M | 1.18M | 3M | 21.4M | -24.23M | 3.74M | -98K | -430K | -216K | -4.79M | 6.73M | 6.31M | -3.6M | 2.63M | 2.68M | -90K | -5.92M | -12.23M | -7.26M | -27.27M |
| Net Margin % | -4.15% | 1.37% | 3.24% | 24.95% | -36.96% | 4.09% | -0.16% | -0.58% | -0.26% | -7.73% | 8.75% | 8.43% | -4.37% | 3.56% | 3.75% | -0.13% | -14.24% | -34.87% | -21.06% | -92% |
| Net Income Growth % | 84.07% | -68.47% | 3163.27% | 5075.81% | -11118.06% | 178.06% | -101.46% | -106.82% | 94% | -282.19% | 150.73% | 7107.78% | 39.24% | 121.47% | 136.95% | 99.67% | -51.41% | -324.02% | -120.02% | -687.65% |
| Net Income (Continuing) | -3.86M | 1.18M | 3M | 21.4M | -24.23M | 3.74M | -98K | -430K | -216K | -4.79M | 6.73M | 6.31M | -3.6M | 2.63M | 2.68M | -90K | -5.92M | -12.23M | -7.26M | -27.27M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.10 | 0.03 | 0.08 | 0.54 | -0.62 | 0.09 | -0.00 | -0.01 | -0.01 | -0.12 | 0.18 | 0.17 | -0.09 | 0.06 | 0.06 | -0.00 | -0.14 | -0.29 | -0.17 | -0.65 |
| EPS Growth % | 83.87% | -68.29% | - | 4964.86% | - | 178.83% | -101.39% | -106.53% | 93.58% | -295.76% | 185.26% | - | 37.71% | 121.14% | 137.12% | 99.68% | -48.94% | -315.47% | -118.68% | -641.67% |
| EPS (Basic) | -0.10 | 0.03 | 0.08 | 0.55 | -0.62 | 0.10 | -0.00 | -0.01 | -0.01 | -0.12 | 0.18 | 0.17 | -0.09 | 0.06 | 0.06 | -0.00 | -0.14 | -0.29 | -0.17 | -0.65 |
| Diluted Shares Outstanding | 39.17M | 39.59M | 38.95M | 39.38M | 39.26M | 39.48M | 38.93M | 38.72M | 38.55M | 38.34M | 38.41M | 37.97M | 41.27M | 42.86M | 42.52M | 42.18M | 42.09M | 41.87M | 41.85M | 41.75M |
| Basic Shares Outstanding | 39.17M | 39.05M | 38.83M | 39.21M | 39.26M | 39.03M | 38.93M | 38.72M | 38.55M | 38.34M | 38.25M | 37.97M | 41.27M | 42.83M | 42.52M | 42.18M | 42.09M | 41.87M | 41.85M | 41.75M |
| Dividend Payout Ratio | - | 167.91% | 129.61% | 0.34% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |