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Smart Sand turns to 1Q FY26 net loss of $(3.9) million; revenue rises 40% YoY to $93.1 million

PUBT·05/12/2026 20:04:15
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Smart Sand turns to 1Q FY26 net loss of $(3.9) million; revenue rises 40% YoY to $93.1 million
  • Smart Sand posted 1Q 2026 revenue of $93.1 million, up 40% year over year on higher sales volumes and higher average selling prices.
  • Net loss narrowed to $3.9 million, or $0.10 per share, versus a $24.2 million loss a year earlier.
  • Gross profit fell to $6.1 million from $11.2 million in 4Q 2025 due to higher production and freight costs.
  • Tons sold rose 40% year over year to 1,492,000, marking a quarterly record just under 1.5 million tons.
  • Management expects 2026 sales volume growth of 5% to 10% over 2025 tons sold, projecting positive free cash flow for full-year 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Sand Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001529628-26-000034), on May 12, 2026, and is solely responsible for the information contained therein.