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Smart Sand (SND) free cash flow by quarter

Smart Sand's free cash flow was $842K in Q1 2026 (first quarter 2026), -96% from Q4 2025. Over the last 4 quarters it ranged from $842K (Q1 2026) to $20.4M (Q4 2025).

Smart Sand free cash flow by quarterSmart Sand free cash flow by quarter$5.2MQ1 2025$14.8MQ3 2025$20.4MQ4 2025$842KQ1 2026
QuarterFree cash flowQ/QY/Y
Q1 2026$842K-96%-84%
Q4 2025$20.4M+38%—
Q3 2025$14.8M+185%—
Q1 2025$5.2M——

Q1 2026 at a glance

Smart Sand, Q1 2026: revenue $93.1M (+42% year over year), operating margin -5.2%, net loss $3.9M, operating cash flow $3.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Smart Sand's free cash flow?

Smart Sand's free cash flow was $842K in Q1 2026 (first quarter 2026), -96% from Q4 2025.

How has Smart Sand's free cash flow changed?

Over the last 4 quarters it ranged from $842K (Q1 2026) to $20.4M (Q4 2025).

Q1 2026 results → · How Smart Sand makes money →