Smart Sand Reports Lower Q1 2025 Sales, Anticipates Rebound in Volumes Smart Sand, Inc. posted first quarter 2025 revenues of $65.6 million, with approximately 1.1 million tons sold, down from the previous quarter’s record. The company generated $8.7 million in operating cash flow and repurchased 135,000 shares. Management expects a 10–20% rise in sales volumes for Q2, citing robust basin demand.12