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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and Smart Sand, Inc. (SND). Click either name above to swap in a different company.
PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $86.0M, roughly 2.0× Smart Sand, Inc.). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 1.4%, a 24.0% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -5.8%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $20.4M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs 1.8%).
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
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.
PRK vs SND — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $168.3M | $86.0M |
| Net Profit | $42.6M | $1.2M |
| Gross Margin | — | 13.0% |
| Operating Margin | — | -3.1% |
| Net Margin | 25.3% | 1.4% |
| Revenue YoY | 2.2% | -5.8% |
| Net Profit YoY | 10.4% | -68.5% |
| EPS (diluted) | $2.62 | $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.
| Q4 25 | $168.3M | $86.0M | ||
| Q3 25 | $169.5M | $92.8M | ||
| Q2 25 | $168.7M | $85.8M | ||
| Q1 25 | $157.9M | $65.6M | ||
| Q4 24 | $164.7M | $91.4M | ||
| Q3 24 | $170.3M | $63.2M | ||
| Q2 24 | $157.7M | $73.8M | ||
| Q1 24 | $152.8M | $83.1M |
| Q4 25 | $42.6M | $1.2M | ||
| Q3 25 | $47.2M | $3.0M | ||
| Q2 25 | $48.1M | $21.4M | ||
| Q1 25 | $42.2M | $-24.2M | ||
| Q4 24 | $38.6M | $3.7M | ||
| Q3 24 | $38.2M | $-98.0K | ||
| Q2 24 | $39.4M | $-430.0K | ||
| Q1 24 | $35.2M | $-216.0K |
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 16.1% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 10.3% | ||
| Q2 24 | — | 17.7% | ||
| Q1 24 | — | 14.2% |
| Q4 25 | — | -3.1% | ||
| Q3 25 | 34.3% | 5.8% | ||
| Q2 25 | 35.2% | -0.1% | ||
| Q1 25 | 32.4% | -10.8% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | 27.4% | -7.8% | ||
| Q2 24 | 30.6% | 4.8% | ||
| Q1 24 | 27.8% | 0.9% |
| Q4 25 | 25.3% | 1.4% | ||
| Q3 25 | 27.8% | 3.2% | ||
| Q2 25 | 28.5% | 24.9% | ||
| Q1 25 | 26.7% | -37.0% | ||
| Q4 24 | 23.5% | 4.1% | ||
| Q3 24 | 22.4% | -0.2% | ||
| Q2 24 | 25.0% | -0.6% | ||
| Q1 24 | 23.0% | -0.3% |
| Q4 25 | $2.62 | $0.03 | ||
| Q3 25 | $2.92 | $0.08 | ||
| Q2 25 | $2.97 | $0.54 | ||
| Q1 25 | $2.60 | $-0.62 | ||
| Q4 24 | $2.38 | $0.10 | ||
| Q3 24 | $2.35 | $0.00 | ||
| Q2 24 | $2.42 | $-0.01 | ||
| Q1 24 | $2.17 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $233.5M | $22.6M |
| Total DebtLower is stronger | — | $15.0M |
| Stockholders' EquityBook value | $1.4B | $239.7M |
| Total Assets | $9.8B | $340.0M |
| Debt / EquityLower = less leverage | — | 0.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $233.5M | $22.6M | ||
| Q3 25 | $218.9M | $5.1M | ||
| Q2 25 | $193.1M | $4.3M | ||
| Q1 25 | $237.6M | $5.1M | ||
| Q4 24 | $160.6M | $1.6M | ||
| Q3 24 | $201.7M | $7.2M | ||
| Q2 24 | $261.5M | $6.3M | ||
| Q1 24 | $306.1M | $4.6M |
| 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 |
| Q4 25 | $1.4B | $239.7M | ||
| Q3 25 | $1.3B | $239.9M | ||
| Q2 25 | $1.3B | $240.5M | ||
| Q1 25 | $1.3B | $219.9M | ||
| Q4 24 | $1.2B | $243.8M | ||
| Q3 24 | $1.2B | $243.6M | ||
| Q2 24 | $1.2B | $242.9M | ||
| Q1 24 | $1.2B | $242.5M |
| Q4 25 | $9.8B | $340.0M | ||
| Q3 25 | $9.9B | $343.1M | ||
| Q2 25 | $9.9B | $345.8M | ||
| Q1 25 | $9.9B | $326.9M | ||
| Q4 24 | $9.8B | $341.5M | ||
| Q3 24 | $9.9B | $335.8M | ||
| Q2 24 | $9.9B | $341.8M | ||
| Q1 24 | $9.9B | $349.3M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $198.3M | $22.4M |
| Free Cash FlowOCF − Capex | $191.9M | $20.4M |
| FCF MarginFCF / Revenue | 114.1% | 23.7% |
| Capex IntensityCapex / Revenue | 3.8% | 2.3% |
| Cash ConversionOCF / Net Profit | 4.65× | 18.99× |
| TTM Free Cash FlowTrailing 4 quarters | $328.2M | $32.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $198.3M | $22.4M | ||
| Q3 25 | $52.6M | $18.2M | ||
| Q2 25 | $49.7M | $-5.1M | ||
| Q1 25 | $37.9M | $8.7M | ||
| Q4 24 | $178.8M | $1.0M | ||
| Q3 24 | $43.8M | $5.8M | ||
| Q2 24 | $50.9M | $14.9M | ||
| Q1 24 | $35.0M | $-3.9M |
| Q4 25 | $191.9M | $20.4M | ||
| Q3 25 | $51.1M | $14.8M | ||
| Q2 25 | $48.4M | $-7.8M | ||
| Q1 25 | $36.8M | $5.2M | ||
| Q4 24 | $169.7M | $-840.0K | ||
| Q3 24 | $41.7M | $3.7M | ||
| Q2 24 | $49.0M | $13.5M | ||
| Q1 24 | $31.9M | $-5.5M |
| Q4 25 | 114.1% | 23.7% | ||
| Q3 25 | 30.1% | 15.9% | ||
| Q2 25 | 28.7% | -9.1% | ||
| Q1 25 | 23.3% | 7.9% | ||
| Q4 24 | 103.0% | -0.9% | ||
| Q3 24 | 24.5% | 5.8% | ||
| Q2 24 | 31.1% | 18.3% | ||
| Q1 24 | 20.8% | -6.6% |
| Q4 25 | 3.8% | 2.3% | ||
| Q3 25 | 0.9% | 3.6% | ||
| Q2 25 | 0.8% | 3.1% | ||
| Q1 25 | 0.7% | 5.4% | ||
| Q4 24 | 5.6% | 2.1% | ||
| Q3 24 | 1.2% | 3.4% | ||
| Q2 24 | 1.2% | 1.8% | ||
| Q1 24 | 2.1% | 2.0% |
| Q4 25 | 4.65× | 18.99× | ||
| Q3 25 | 1.11× | 6.05× | ||
| Q2 25 | 1.03× | -0.24× | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 4.63× | 0.28× | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.29× | — | ||
| Q1 24 | 0.99× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRK
Segment breakdown not available.
SND
| Sand | $85.1M | 99% |
| Smart Systems Segment | $980.0K | 1% |
