Fracking products supplier Smart Sand's Q3 revenue up 24%

Smart Sand

12/11/2025 12:52

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 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 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/Miss
Actual
Consensus Estimate
Q3 Revenue
$92.80 mln
Q3 EPS
$0.08
Q3 Net Income
$3 mln
Q3 Adjusted EBITDA
$13.60 mln
Q3 Gross Profit
$14.90 mln


Press Release: ID:nPn4ZYPwJa

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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.)