SND (SND) revenue breakdown
By segment, Sand Segment is the largest at 99% of fiscal 2025 revenue, growing 9% a year over 3 years.
By product, Sand revenue is the largest at 99% of fiscal 2025 revenue, growing 199% a year over 9 years.
Revenue by segment
Fiscal years, as SND reports them in its 10-K filings; fiscal 2025 total $330M.
| Segments | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Sand Segment | $249M | $287M | $304M | $326M | 99% |
| SmartSystems Segment | $6M | $8M | $8M | $4M | 1% |
Revenue by product
Fiscal years, as SND reports them in its 10-K filings; fiscal 2025 total $330M.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sand revenue | $17,000 | $80M | $144M | $110M | $71M | $117M | $249M | $287M | $304M | $326M | 99% |
| SmartSystems revenue | — | $56M | $63M | $74M | $28M | $5M | $6M | $8M | $8M | $4M | 1% |
| Shortfall revenue | $21,000 | $1M | $6M | $49M | $23M | $4M | — | — | — | — | — |
| Reservation charges | $15,000 | — | — | — | — | — | — | — | — | — | — |
| Railcar usage revenue | $6,000 | — | — | — | — | — | — | — | — | — | — |
Revenue by region
Fiscal years, as SND reports them in its 10-K filings; fiscal 2025 total $330M.
| Regions | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| UNITED STATES | $295M | $309M | $298M | 90% |
| CANADA | $865,000 | $2M | $32M | 10% |
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Where does SND make its money?
In fiscal 2025, by segment: Sand Segment $326M, SmartSystems Segment $4M.
From SND's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.