#United States #Q2 2025 #Smart Sand #Yardley, PA #frac sand

Smart Sand, Inc. Reports Robust Second Quarter 2025 Financial Results

Smart Sand, Inc. (NASDAQ: SND), a prominent supplier of high-quality Northern White frac sand, recently announced its financial results for the second quarter of 2025, marking a period of significant growth and strong operational performance. The company's revenue for this quarter reached $85.8 million, demonstrating a 33% increase in sales volume compared to the previous quarter, fueled by strategic investments in new facilities and enhanced logistics.

Q2 Financial Overview

The financial highlights of Q2 2025 are as follows:

• - Revenue: $85.8 million, a sequential increase from $65.6 million in Q1 2025.
• - Net Income: $21.4 million, showing a remarkable turnaround from a net loss of $(24.2) million in Q1 2025.
• - Adjusted EBITDA: $7.8 million, up significantly from $1.4 million in the previous quarter.
• - Contribution Margin: $15.8 million, or $11.08 per ton sold.

Charles Young, the CEO of Smart Sand, expressed his satisfaction with the company's performance, highlighting the strategic steps taken that enhanced sales volumes and profitability, particularly in the Northeast United States and Canada. Notably, the company's Industrial Production Solutions (IPS) segment increased sales volumes by 28% compared to the first quarter, reinforcing Smart Sand's diversity in revenue streams.

Strategic Investments Paying Off

Strategic investments in the company's facilities, especially the Blair and Ottawa locations and Utica Shale terminals, have significantly contributed to the robust sales volume. The company successfully increased its frac sand sales into the Utica basin, which comprised 16% of total sales volumes for the first half of 2025, driven mostly through Ohio terminals.

The company's commitment to returning value to its shareholders remains a top priority. To date in 2025, Smart Sand has repurchased approximately 1 million shares and declared a dividend of $0.10 per share, further solidifying its dedication to enhancing shareholder returns.

Operating Challenges and Outlook

Despite the impressive results, Young cautioned that ongoing market volatility continues to impact customer activities. However, he maintains optimism surrounding sales volumes for the second half of 2025, anticipating they will align with the first half. The company also expects to be free cash flow positive for the entire year. Young noted that the long-term fundamentals driving demand for Northern White sand remain strong, particularly due to natural gas development in North America and the ongoing investments in LNG and data centers for AI.

Summary

Smart Sand's second quarter 2025 results underscore the company's resilient growth in sales and profitability, driven by strategic investments and a commitment to shareholders. With expectations of continued success in the coming quarters, Smart Sand stands poised to capitalize on growing demand in the frac sand market, supporting its position as a leading supplier in key regions of North America.

For more detailed information, investors and interested parties can visit Smart Sand's official website.