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Side-by-side financial comparison of Mama's Creations, Inc. (MAMA) and Smart Sand, Inc. (SND). Click either name above to swap in a different company.

Smart Sand, Inc. is the larger business by last-quarter revenue ($86.0M vs $47.3M, roughly 1.8× Mama's Creations, Inc.). Smart Sand, Inc. runs the higher net margin — 1.4% vs 1.1%, a 0.2% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs -5.8%). Smart Sand, Inc. produced more free cash flow last quarter ($20.4M vs $3.7M). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% CAGR vs 1.8%).

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

Sand 9 is a fabless Micro-electromechanical system (MEMS) company based in Cambridge, Massachusetts. Sand 9 developed a piezoelectric MEMS resonator to serve as an alternative for quartz timing devices in applications such as smart phones, low-power wireless devices, and communications infrastructure equipment.

MAMA vs SND — Head-to-Head

Bigger by revenue
SND
SND
1.8× larger
SND
$86.0M
$47.3M
MAMA
Growing faster (revenue YoY)
MAMA
MAMA
+55.8% gap
MAMA
50.0%
-5.8%
SND
Higher net margin
SND
SND
0.2% more per $
SND
1.4%
1.1%
MAMA
More free cash flow
SND
SND
$16.7M more FCF
SND
$20.4M
$3.7M
MAMA
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
1.8%
SND

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MAMA
MAMA
SND
SND
Revenue
$47.3M
$86.0M
Net Profit
$540.0K
$1.2M
Gross Margin
23.6%
13.0%
Operating Margin
1.7%
-3.1%
Net Margin
1.1%
1.4%
Revenue YoY
50.0%
-5.8%
Net Profit YoY
31.7%
-68.5%
EPS (diluted)
$0.01
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAMA
MAMA
SND
SND
Q4 25
$47.3M
$86.0M
Q3 25
$35.2M
$92.8M
Q2 25
$35.3M
$85.8M
Q1 25
$33.6M
$65.6M
Q4 24
$31.5M
$91.4M
Q3 24
$28.4M
$63.2M
Q2 24
$29.8M
$73.8M
Q1 24
$26.7M
$83.1M
Net Profit
MAMA
MAMA
SND
SND
Q4 25
$540.0K
$1.2M
Q3 25
$1.3M
$3.0M
Q2 25
$1.2M
$21.4M
Q1 25
$1.6M
$-24.2M
Q4 24
$410.0K
$3.7M
Q3 24
$1.1M
$-98.0K
Q2 24
$553.0K
$-430.0K
Q1 24
$1.4M
$-216.0K
Gross Margin
MAMA
MAMA
SND
SND
Q4 25
23.6%
13.0%
Q3 25
24.9%
16.1%
Q2 25
26.1%
10.4%
Q1 25
27.0%
4.2%
Q4 24
22.6%
14.7%
Q3 24
24.2%
10.3%
Q2 24
25.0%
17.7%
Q1 24
29.3%
14.2%
Operating Margin
MAMA
MAMA
SND
SND
Q4 25
1.7%
-3.1%
Q3 25
4.8%
5.8%
Q2 25
4.5%
-0.1%
Q1 25
5.7%
-10.8%
Q4 24
1.8%
3.9%
Q3 24
5.7%
-7.8%
Q2 24
2.6%
4.8%
Q1 24
7.4%
0.9%
Net Margin
MAMA
MAMA
SND
SND
Q4 25
1.1%
1.4%
Q3 25
3.6%
3.2%
Q2 25
3.5%
24.9%
Q1 25
4.8%
-37.0%
Q4 24
1.3%
4.1%
Q3 24
4.0%
-0.2%
Q2 24
1.9%
-0.6%
Q1 24
5.3%
-0.3%
EPS (diluted)
MAMA
MAMA
SND
SND
Q4 25
$0.01
$0.03
Q3 25
$0.03
$0.08
Q2 25
$0.03
$0.54
Q1 25
$0.04
$-0.62
Q4 24
$0.01
$0.10
Q3 24
$0.03
$0.00
Q2 24
$0.01
$-0.01
Q1 24
$0.03
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAMA
MAMA
SND
SND
Cash + ST InvestmentsLiquidity on hand
$18.1M
$22.6M
Total DebtLower is stronger
$15.0M
Stockholders' EquityBook value
$49.6M
$239.7M
Total Assets
$84.0M
$340.0M
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMA
MAMA
SND
SND
Q4 25
$18.1M
$22.6M
Q3 25
$9.4M
$5.1M
Q2 25
$12.0M
$4.3M
Q1 25
$7.2M
$5.1M
Q4 24
$9.3M
$1.6M
Q3 24
$7.4M
$7.2M
Q2 24
$13.0M
$6.3M
Q1 24
$11.0M
$4.6M
Total Debt
MAMA
MAMA
SND
SND
Q4 25
$15.0M
Q3 25
$14.3M
Q2 25
$23.5M
Q1 25
$13.7M
Q4 24
$14.7M
Q3 24
$15.7M
Q2 24
$17.1M
Q1 24
$25.5M
Stockholders' Equity
MAMA
MAMA
SND
SND
Q4 25
$49.6M
$239.7M
Q3 25
$29.6M
$239.9M
Q2 25
$26.4M
$240.5M
Q1 25
$24.9M
$219.9M
Q4 24
$23.0M
$243.8M
Q3 24
$22.3M
$243.6M
Q2 24
$20.3M
$242.9M
Q1 24
$19.6M
$242.5M
Total Assets
MAMA
MAMA
SND
SND
Q4 25
$84.0M
$340.0M
Q3 25
$51.2M
$343.1M
Q2 25
$52.7M
$345.8M
Q1 25
$47.1M
$326.9M
Q4 24
$47.9M
$341.5M
Q3 24
$43.0M
$335.8M
Q2 24
$47.2M
$341.8M
Q1 24
$45.1M
$349.3M
Debt / Equity
MAMA
MAMA
SND
SND
Q4 25
0.06×
Q3 25
0.06×
Q2 25
0.10×
Q1 25
0.06×
Q4 24
0.06×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAMA
MAMA
SND
SND
Operating Cash FlowLast quarter
$3.9M
$22.4M
Free Cash FlowOCF − Capex
$3.7M
$20.4M
FCF MarginFCF / Revenue
7.8%
23.7%
Capex IntensityCapex / Revenue
0.4%
2.3%
Cash ConversionOCF / Net Profit
7.16×
18.99×
TTM Free Cash FlowTrailing 4 quarters
$6.0M
$32.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMA
MAMA
SND
SND
Q4 25
$3.9M
$22.4M
Q3 25
$-1.7M
$18.2M
Q2 25
$6.0M
$-5.1M
Q1 25
$-857.0K
$8.7M
Q4 24
$4.8M
$1.0M
Q3 24
$-2.4M
$5.8M
Q2 24
$3.6M
$14.9M
Q1 24
$6.7M
$-3.9M
Free Cash Flow
MAMA
MAMA
SND
SND
Q4 25
$3.7M
$20.4M
Q3 25
$-2.2M
$14.8M
Q2 25
$5.5M
$-7.8M
Q1 25
$-930.0K
$5.2M
Q4 24
$2.5M
$-840.0K
Q3 24
$-4.0M
$3.7M
Q2 24
$2.5M
$13.5M
Q1 24
$6.6M
$-5.5M
FCF Margin
MAMA
MAMA
SND
SND
Q4 25
7.8%
23.7%
Q3 25
-6.2%
15.9%
Q2 25
15.5%
-9.1%
Q1 25
-2.8%
7.9%
Q4 24
8.0%
-0.9%
Q3 24
-14.1%
5.8%
Q2 24
8.4%
18.3%
Q1 24
24.8%
-6.6%
Capex Intensity
MAMA
MAMA
SND
SND
Q4 25
0.4%
2.3%
Q3 25
1.5%
3.6%
Q2 25
1.5%
3.1%
Q1 25
0.2%
5.4%
Q4 24
7.2%
2.1%
Q3 24
5.6%
3.4%
Q2 24
3.8%
1.8%
Q1 24
0.4%
2.0%
Cash Conversion
MAMA
MAMA
SND
SND
Q4 25
7.16×
18.99×
Q3 25
-1.31×
6.05×
Q2 25
4.85×
-0.24×
Q1 25
-0.54×
Q4 24
11.71×
0.28×
Q3 24
-2.10×
Q2 24
6.58×
Q1 24
4.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAMA
MAMA

Segment breakdown not available.

SND
SND

Sand$85.1M99%
Smart Systems Segment$980.0K1%

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