ES
MARKETS / NASDAQ / SND
NASDAQ · MINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) · SMALL CAP

Smart Sand, Inc. SND

12 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$330.2M
▲ 6.0% vs FY2024
Dividend streak
1 yrs
Raised every year since 2025
EPS · FY25
$0.03
Dividend / sh · FY25
$0.15
Payout · FY25
442%
ROE · FY25
0.6%
Net margin · FY25
0.4%
Dividend coverage
0.2×
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Result
USD 330.2M
Revenue, FY2025 · full 12-year series below
Revenue Net income
0.10.20.30.40.30.020142017202020232025
0.10.20.30.40.30.02016201920222025

0 cents of every revenue dollar became profit this year.

Per share
USD 0.03
Diluted EPS, FY2025
EPS Dividend
0.40.81.20.150.0320142017202020232025
0.40.81.20.150.032016201920222025

Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.

Profitability
0.6%
Return on equity, FY2025
ROE
2004006000.6%20142017202020232025
2004006000.6%2016201920222025
Operating margin-1.4%
Net margin0.4%
Return on assets0.4%

Each USD of equity produced 1 cents of profit this year.

Returned to shareholders
USD 6.6M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 5.9M
Net buybacksUSD 628,000.00
Share of profit488.9%
Consecutive raises1 years

USD 5.9M in dividends and USD 628,000.00 in buybacks — 489% of the year's profit, so the payout drew on cash built up earlier.

Growth
+22.0% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+8.9%
+22.0%
+21.3%
Net income
−48.7%
−12.3%
EPS, diluted
−49.8%
Returned to shareholders
+130.1%
+41.6%
+49.1%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.04B
Shares outstanding, FY2025
0.020.0420142017202020232025
0.040.042016201920222025
Change, 5 years−6.3%
Change, 10 years—

The share count shrank 6% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 340.0M
total assets, end of FY2025
Total assetsUSD 340.0M
EquityUSD 239.7M
CashUSD 22.6M
Gross debtUSD 13.0M
Net debtUSD -9.5M
Current ratio1.76×

The company holds more cash than debt.

History
12 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue $B
0.3
0.3
0.3
0.3
0.1
0.1
0.2
0.2
0.1
0.1
0.0
0.1
Operating income $B
−0.0
0.0
−0.0
−0.0
−0.1
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
EBITDA $B
0.0
0.0
0.0
0.0
−0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
Income tax $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
0.0
0.0
−0.0
0.0
0.0
0.0
Net income $B
0.0
0.0
0.0
−0.0
−0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
EPS, diluted $
0.03
0.08
0.12
−0.02
−1.21
0.94
0.78
0.50
0.53
0.42
0.19
0.29
Dividend / sh $
0.15
0.10
·
·
·
·
·
·
·
·
·
·
Payout %
442
130
0
−0
·
·
·
·
·
·
·
·
ROE %
0.6
1.2
1.9
−0.3
−19.1
14.2
13.9
10.0
12.9
14.2
563.2
·
Shares out B
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.02
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
45 of 46
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 1 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed