The company’s net income reached $10.2 million for the period, a sharp turnaround from the $3.9 million loss reported in the first quarter. CEO Charles Young attributed this performance to consistent demand for high-quality Northern White sand, driven by the expansion of LNG export capacity and the rising power requirements of AI data centers.
In section Releases
Smart Sand Reports Record Second Quarter Revenue
Smart Sand, Inc. posted record sales volumes and revenue for the second quarter of 2026, signaling a robust recovery in demand for its proppant and logistics services. The Pennsylvania-based company generated $115.1 million in revenue, fueled by heightened activity in the Appalachian and Canadian shale basins.
Operational efficiency improved as the firm moved more volume through its own terminals, helping to offset the rising cost of goods sold, which climbed to $95.2 million. Looking ahead, Smart Sand expects 2026 sales volumes to grow by 10% to 20% over 2025 levels. As part of its capital return strategy, the company has distributed roughly $12.1 million to shareholders this year via dividends and share repurchases. Additionally, the firm announced a leadership shift, with General Counsel James Young slated to replace CFO Lee Beckelman on January 1, 2027.
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