Event-Driven Stocks

Smart Sand, Inc.

SND

Other · Non-accelerated filer<br>Smaller reporting company · SEC filings ↗ · Compare ⊕

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Signs5 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$330.2M$311.4M$296.0M$255.7M$126.6M$122.3M
Operating income−$4.5M$3.0M−$1.5M−$3.1M−$63.5M−$13.0M
Net income$1.3M$3.0M$4.6M−$703,000−$50.7M$38.0M
Total assets$340.0M$341.5M$346.3M$360.0M$374.0M$427.7M
Total liabilities$100.3M$97.7M$104.0M$116.5M$132.9M$138.9M
Equity$239.7M$243.8M$242.3M$243.5M$241.2M$288.8M
EPS (diluted)$0.03$0.08$0.12$-0.02$-1.21$0.94
Shares out.42.9M43.0M45.8M44.8M43.4M42.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−1.4%
Net margin
0.4%
Return on equity
0.6%
Return on assets
0.4%
Return on capital (ROCE)
−1.5%
Liabilities / assets
29.5%
Debt / equity
0.42×
Book value / share
$5.59
Revenue growth (YoY)
6.0%
Net income growth (YoY)
−55.0%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
3.81safe
Accruals / assets
12.6%clean
Beneish M-Score
-3.17normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
75
/ 100
Profitability 60Growth 50Catalyst 67Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 warning5 good
  • Operating losses (negative operating margin)
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
1 acquisitions11 disposals1 open-market buy(s)net 258,149 shares · last 12
InsiderDateTypeSharesPrice
Whelan Ronald POfficer — SEE REMARKSMay 29, 2026Buy4,444$4.50
Spurlin SharonDirectorMay 26, 2026Sell50,000$4.93
Young Charles EdwinOfficer — CEOMar 17, 2026Tax withholding5,811$4.08
Beckelman Lee EOfficer — Chief Financial OfficerMar 17, 2026Tax withholding3,321$4.08
Young James DouglasOfficer — SEE REMARKSMar 17, 2026Tax withholding2,500$4.08
Young William JohnOfficer — Chief Operating OfficerMar 17, 2026Tax withholding3,885$4.08
Whelan Ronald POfficer — SEE REMARKSMar 17, 2026Tax withholding2,614$4.08
Kiszka RobertOfficer — Executive VP of OperationsMar 17, 2026Tax withholding2,591$4.08
Pawlenty TimothyDirectorMar 11, 2026Sell27,975$3.66
Porcelli Francis MichaelDirectorMar 9, 2026Sell50,000$3.78
Porcelli Francis MichaelDirectorMar 4, 2026Sell100,000$4.03
Young Charles EdwinOfficer — CEOFeb 28, 2026Tax withholding13,896$5.19

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026801,5432.7+9.9%
Apr 30, 2026729,3422.6+9.8%
Apr 15, 2026664,0642.5+11.0%
Mar 31, 2026598,0241.4+49.6%
Mar 13, 2026399,8591.0+0.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (10)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.