)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Smart Sand
Smart Sand (SND) investor relations material
Smart Sand Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary10 Nov, 2026
Executive summary
Q3 revenue rose 21% YoY to $112.3M, net income increased to $8.4M from $3.0M, and tons sold rose 21% to 1.783M.
9M revenue increased 31% YoY to $320.5M and net income reached $14.7M versus $0.2M, on higher volume and modest pricing gains.
Management cited strong basin activity and expects activity to continue through Q4 and into 2027.
Financial highlights
Q3 total revenue was $112.3M, including $111.1M from sand and $1.2M from SmartSystems; prior-year Q3 revenue included $4.4M of contractual charges for prior-period excess tons, which did not recur.
Q3 gross profit was $19.2M versus $14.9M, operating income was $9.2M versus $5.4M, and net income was $8.4M versus $3.0M.
9M gross profit was $45.0M versus $26.6M, operating income was $14.4M versus a $1.8M loss, and net income was $14.7M versus $0.2M.
Q3 operating cash flow was $21.1M and capital expenditures were $3.8M, generating $17.3M of free cash flow.
Outlook and guidance
FY26 sales volumes are expected to increase 20%–30% versus 2025, with positive free cash flow for the year.
FY26 capital expenditures are projected at $15M–$20M, excluding acquisitions and potential new-terminal investments; $10.8M was spent through September 30.
$141.5M of unsatisfied performance obligations remained at September 30; $61.1M is expected to be recognized in the rest of 2026 and $80.4M in 2027.
North American LNG export capacity is expected to grow by over 50% by 2030, supporting natural-gas demand; management expects robust activity in core basins through Q4 and into 2027.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Smart Sand
- Efficient logistics, rising gas demand, and strong reserves drive growth and shareholder value.SND
Lytham Partners Fall 2026 Investor Conference - Strong reserves, logistics, and capital returns drive growth amid rising sand demand.SNDInvestor presentation
- Record Q2 2026 sales and earnings, strong liquidity, and $12.1M returned to shareholders.SNDQ2 2026
- All proposals passed, with growth expected in Canada and a focus on high-quality sand products.SNDAGM 2026
- Poised for growth with robust reserves, efficient logistics, and strong shareholder alignment.SNDLytham Partners Spring 2026 Investor Conference
- Superior Northern White Sand reserves, efficient logistics, and strong market trends drive growth.SNDInvestor presentation
- Revenue up 42% with record sand sales, but higher costs resulted in a net loss.SNDQ1 2026
- Shareholders will vote on director elections, compensation, auditor ratification, and new equity plans.SNDProxy filing
- Q2 2024 delivered higher margins, positive free cash flow, and expansion into new markets.SNDQ2 2024
Next Smart Sand earnings date
Q4 202623 Feb, 2027
Smart Sand
Next Smart Sand earnings date
Q4 202623 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Smart Sand Inc. engages in the mining, processing, and sale of industrial sand, particularly Northern White sand, used primarily in hydraulic fracturing operations. The company provides frac sand logistics and storage solutions to oilfield service companies and exploration and production operators. The company is headquartered in The Woodlands, Texas, and its shares are listed on the NASDAQ.