• Smart Sand outlined more than 450 million tons of Northern White fine-mesh reserves across three operating mines, positioning portfolio toward 40/70 and 100 Mesh grades that it estimates represent over 80% of current frac sand demand.
• Total mining and processing capacity of about 10 million tons per year across Oakdale, Ottawa, Blair, supported by unit-train capable access to Class 1 rail networks.
• Quarterly sales volumes ranged from 1,069,000 tons in Q1 2026 to about 1,492,000 tons in Q4 2025, with quarterly revenue of USD 65.6 million in Q1 2026 versus about USD 86 million to USD 93.1 million across Q1-Q4 2025.
• Contribution margin per ton fell to USD 8.84 in Q1 2026 from USD 14.76 in Q1 2025, with adjusted EBITDA of USD 1.4 million versus USD 13.6 million over the same period.
• Capital return since January 2023 totaled about USD 27 million, including repurchases of about 6,600,000 shares, alongside common-share dividends of USD 0.1 in October 2024 and August 2025, USD 0.05 in December 2025, USD 0.1 in May 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Sand Inc. published the original content used to generate this news brief on May 14, 2026, and is solely responsible for the information contained therein.