Overview

* Industrial sand supplier Smart Sand Q2 2025 revenue rises 16% yr/yr to $85.8 mln

* Net income for Q2 2025 at $21.4 mln, includes significant tax benefit

* Adjusted EBITDA increases to $7.8 mln, driven by higher sales volumes

Outlook

* Smart Sand ( SND ) expects 2H 2025 sales volumes to align with 1H 2025

* Company anticipates being free cash flow positive for 2025

* Smart Sand ( SND ) projects 2025 capital expenditures between $13 mln and $17 mln

* Company sees strong long-term fundamentals for Northern White sand

Result Drivers

* SALES VOLUME INCREASE - Sales volumes rose 33% sequentially, driven by strategic investments in facilities and terminals

* FACILITY INVESTMENTS - Investments in Blair and Ottawa facilities and Utica Shale terminals boosted frac sand sales in Northeast US and Canada

* IPS GROWTH - Industrial Production Solutions business saw a 28% increase in sales volumes from 1Q, contributing 6% to total sales volumes in 1H 2025

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $85.80

Revenue mln

Q2 EPS $0.55

Q2 Net $21.40

Income mln

Q2 $7.80

Adjusted mln

EBITDA

Q2 Gross $9 mln

Profit

Press Release:

(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.)