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AI brief of an SEC Form 8-K · Smart Sand, Inc. (SND)

Smart Sand Q2 revenue rises to $115.1 million; CFO Lee Beckelman to step down

Mixed Impact 4 of 5 earnings Written later

Smart Sand reported second-quarter 2026 revenue of $115.1 million, up from $93.1 million in the first quarter and $85.8 million a year earlier, and said it expects 2026 sales volumes to rise 10% to 20% from 2025. Net income was $10.2 million, down from $21.4 million a year earlier but up from a $3.9 million loss in the first quarter. The company also said CFO Lee Beckelman will step down effective January 1, 2027, with General Counsel James Young named as his successor; Young's compensation has not yet been determined.

Key points

  • Q2 2026 revenue was $115.1 million, versus $93.1 million in Q1 2026 and $85.8 million in Q2 2025.
  • Q2 2026 net income was $10.2 million, or $0.26 per basic share, versus $21.4 million, or $0.55 per basic share, in Q2 2025.
  • Adjusted EBITDA was $18.7 million, and free cash flow was $(1.4) million in Q2 2026.
  • Lee Beckelman will leave the CFO role effective January 1, 2027; James Young, currently General Counsel, is named successor, and Beckelman will remain as an advisor through May 31, 2030.

The filing

CompanySmart Sand, Inc. (SND)
Form8-K, current report
Filed with the SECAug 11, 2026, 4:01 PM ET
Accession number0001529628-26-000096

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.