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Smart Sand Q1 FY26 net loss narrows to $3.86 million; revenue rises 42% to $93.11 million

PUBT·05/12/2026 20:04:07
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Smart Sand Q1 FY26 net loss narrows to $3.86 million; revenue rises 42% to $93.11 million
  • Smart Sand posted a net loss of USD 3.86 million for the quarter ended March 31, 2026, narrowing from a year-earlier loss as revenue climbed 42% to USD 93.11 million.
  • Operating loss tightened to USD 4.87 million, while gross profit more than doubled to USD 6.11 million.
  • Sand revenue rose 43% to USD 92.49 million on total volumes of 1,492,000 tons, while SmartSystems revenue fell 43% to USD 623,000 on lower fleet utilization.
  • Adjusted EBITDA increased to USD 3.78 million from USD 1.43 million.
  • Board declared a special dividend of USD 0.10 per share, returning about USD 3.9 million, while full-year 2026 capital spending was guided to USD 15 million-USD 20 million.


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: 0001529628-26-000033), on May 12, 2026, and is solely responsible for the information contained therein.