Overview

* Smart Sand Q3 2025 revenue grows 24% yr/yr, driven by higher sales volumes and prices

* Adjusted EBITDA for Q3 2025 rises significantly from prior periods

* Company returns $6.4 mln to shareholders via dividends and buybacks in 2025

Outlook

* Smart Sand ( SND ) expects full-year sales volumes between 5.1 mln and 5.4 mln tons

* Company anticipates being free cash flow positive for 2025

* Smart Sand ( SND ) projects 2025 capital expenditures between $15 mln and $17 mln

Result Drivers

* MARKET EXPANSION - Record sales volumes into Canada and expanded presence in Utica shale contributed to revenue growth

* HIGHER SALES VOLUMES - Increased sales volumes and higher average selling prices drove revenue growth

* EXCESS TONS PAYMENT - $4.4 mln payment for contractual charges on excess tons sold boosted gross profit

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $92.80

Revenue mln

Q3 EPS $0.08

Q3 Net $3 mln

Income

Q3 $13.60

Adjusted mln

EBITDA

Q3 Gross $14.90

Profit mln

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)