Quarterly ResultAug 11, 2026, 04:13 PM
Smart Sand Q2 Revenue $115.1M, YTD Net Income $6.3M
AI Summary
Smart Sand, Inc. reported strong financial results for Q2 2026 and the six months ended June 30, 2026. Quarterly revenue increased to $115.1 million, up from $85.8 million in the prior year, while year-to-date net income reached $6.3 million, a significant improvement from a net loss of $2.8 million in the same period last year. The company also saw substantial growth in gross profit and operating income. Strategic updates include expansion of transloading terminals and significant unsatisfied performance obligations totaling $191.9 million.
Key Highlights
- Q2 2026 Total Revenue increased to $115.1 million from $85.8 million in Q2 2025.
- Six Months 2026 Net Income was $6.3 million, compared to a $2.8 million net loss in 2025.
- Q2 2026 Gross Profit rose to $19.8 million from $9.0 million in Q2 2025.
- Six Months 2026 Operating Income was $5.2 million, a turnaround from a $7.1 million loss in 2025.
- Unsatisfied performance obligations totaled $191.9 million as of June 30, 2026.
- Net cash provided by operating activities for six months 2026 was $6.5 million, up from $3.6 million.
- Dividend payments to stockholders for six months 2026 increased to $4.1 million from $0.1 million.
- Treasury stock repurchases for six months 2026 totaled $4.0 million under the repurchase program.
Price Impact
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