Smart Sand Inc ( (SND) ) has released its Q2 earnings. Here is a breakdown of the information Smart Sand Inc presented to its investors.
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Smart Sand Inc. is a prominent supplier of Northern White frac sand and industrial sand, providing proppant logistics solutions primarily within the oil and gas industry across the United States and Canada. The company is known for its high-quality sand used in hydraulic fracturing and various industrial applications.
In its second quarter of 2025 earnings report, Smart Sand Inc. announced a significant increase in revenue and net income, alongside strategic investments that have bolstered its sales volumes and profitability. The company reported a revenue of $85.8 million and a net income of $21.4 million, driven by a substantial tax benefit.
Key highlights from the report include a 33% rise in sales volumes compared to the first quarter, and an increase in Adjusted EBITDA by $6.3 million. The company also highlighted its strategic investments in facilities and terminals that have expanded its market reach into the Northeast United States and Canada. Despite a decrease in free cash flow, Smart Sand continues to focus on shareholder returns through stock repurchases and dividends.
Smart Sand’s management remains optimistic about the future, citing strong long-term fundamentals for Northern White sand due to increasing natural gas development and demand for data centers. The company anticipates maintaining sales volumes in the second half of 2025 and expects to be free cash flow positive for the year, positioning itself to grow market share in key shale markets.
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