Method
Level · gp.fundamentals.debt_to_revenue
Raw value 14.29% · OPTIONAL
· Mining & Quarrying of Nonmetallic Minerals (No Fuels)
RESEARCH SNAPSHOTSmart Sand, Inc.'s latest supported as-filed period reports revenue of $115.1M, 34.1% above the comparable as-filed period; gross margin moved 679 basis points higher on the same comparison basis. Every value below links to its SEC accession and metric lineage.
No material rule-based research observation currently meets GrossPattern's Insight value threshold. Current state, direction, and filing evidence remain available below.
A multidimensional view of the latest comparable filing—not a composite score or recommendation.
Level · gp.fundamentals.debt_to_revenue
Raw value 14.29% · OPTIONAL
Level · gp.fundamentals.capex_revenue_ratio
Raw value 4.14% · OPTIONAL
Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
Raw value 2.97% · OPTIONAL
Yoy · gp.fundamentals.revenue
Raw value 34.14% · CORE
Level · gp.fundamentals.inventory_revenue_ratio
Raw value 27.50% · OPTIONAL
Level · gp.fundamentals.gross_margin
Raw value 17.23% · CORE
Business direction, financial quality, capital allocation, and governance evidence remain separate—never collapsed into a recommendation score.
Interpretation boundary Direction describes measurable company fundamentals. Governance reports observable evidence only; it does not grade management character or predict stock returns.
Latest available comparable states within 180 days, normalized with robust median/MAD statistics.
The most important deterministic changes, ranked by magnitude, issuer history, persistence, and accounting profile.
This cluster groups 3 independently calculated changes: Revenue increased 34.1%; Operating margin moved 883 bp higher; Operating income changed across a sign change.
3 evidence-backed componentsDebt changed -30.1% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
Each point keeps the date investors could first observe it and its accession.
SND · as filed with the SEC · reported-date aware
Direct SEC links, filing dates, report periods, and amendment flags.
0001529628-26-000104SEC ↗8-K/AAug 25, 2026Period Aug 11, 20260001529628-26-000100SEC ↗4Aug 24, 2026Period Aug 20, 20260001709934-26-000020SEC ↗4Aug 20, 2026Period Aug 19, 20260001709934-26-000017SEC ↗4Aug 20, 2026Period Aug 19, 20260001315758-26-000017SEC ↗4Aug 20, 2026Period Aug 19, 20260001687112-26-000016SEC ↗4Aug 20, 2026Period Aug 19, 20260001687130-26-000013SEC ↗Transaction semantics distinguish purchases, sales, awards, exercises, withholding, and derivatives.
| Filed / transacted | Reporting owner | Semantics | Shares | Price | Notional | Source |
|---|---|---|---|---|---|---|
| Aug 24, 2026Filed Aug 24, 2026 | Young James DouglasSEE REMARKS | Open Market SaleDirect | 2,236 | $5 | $10,509 | Form 4 ↗ |
| Aug 21, 2026Filed Aug 24, 2026 | Young James DouglasSEE REMARKS | Open Market SaleDirect | 19,078 | $5 | $92,147 | Form 4 ↗ |
| Aug 20, 2026Filed Aug 24, 2026 | Young James DouglasSEE REMARKS | Open Market SaleDirect | 25,716 | $5 | $124,208 | Form 4 ↗ |
GrossPattern stores immutable raw artifacts, accession-scoped facts, parser and metric versions, dependency edges, quality state, and channel-specific publication rights. A restricted or unknown ancestor blocks the page and API automatically.
SEC source policy ↗Level · gp.fundamentals.operating_margin
Raw value 8.74% · CORE
Level · gp.fundamentals.sbc_revenue_ratio
Raw value 0.62% · OPTIONAL
Revenue changed +34.1% from the comparable as-filed period.
Operating margin changed +883 basis points from the comparable as-filed period.
Net income changed -52.5% from the comparable as-filed period.
Gross margin changed +679 basis points from the comparable as-filed period.
Cash & equivalents changed +137.5% from the comparable as-filed period.
Inventory / revenue changed -592 basis points from the comparable as-filed period.
Method note “Materiality” here is an analytical magnitude band, not a legal conclusion. Full filing-text semantic changes remain unpublished while excerpt rights and review thresholds are unresolved.
Latest supported period in this snapshot: 2026-06-30. Duration facts use direct quarterly or annual SEC contexts; GrossPattern does not manufacture missing Q4 values.
0001687132-26-000024