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Side-by-side financial comparison of Smart Sand, Inc. (SND) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.
STRATASYS LTD. is the larger business by last-quarter revenue ($137.0M vs $86.0M, roughly 1.6× Smart Sand, Inc.). Smart Sand, Inc. runs the higher net margin — 1.4% vs -40.6%, a 42.0% gap on every dollar of revenue. On growth, STRATASYS LTD. posted the faster year-over-year revenue change (-2.2% vs -5.8%). Smart Sand, Inc. produced more free cash flow last quarter ($20.4M vs $2.5M). Over the past eight quarters, Smart Sand, Inc.'s revenue compounded faster (1.8% CAGR vs -7.4%).
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.
Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.
SND vs SSYS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.0M | $137.0M |
| Net Profit | $1.2M | $-55.6M |
| Gross Margin | 13.0% | 41.0% |
| Operating Margin | -3.1% | -16.6% |
| Net Margin | 1.4% | -40.6% |
| Revenue YoY | -5.8% | -2.2% |
| Net Profit YoY | -68.5% | -109.0% |
| EPS (diluted) | $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 | $86.0M | — | ||
| Q3 25 | $92.8M | $137.0M | ||
| Q2 25 | $85.8M | $138.1M | ||
| Q1 25 | $65.6M | $136.0M | ||
| Q4 24 | $91.4M | — | ||
| Q3 24 | $63.2M | $140.0M | ||
| Q2 24 | $73.8M | $138.0M | ||
| Q1 24 | $83.1M | $144.1M |
| Q4 25 | $1.2M | — | ||
| Q3 25 | $3.0M | $-55.6M | ||
| Q2 25 | $21.4M | $-16.7M | ||
| Q1 25 | $-24.2M | $-13.1M | ||
| Q4 24 | $3.7M | — | ||
| Q3 24 | $-98.0K | $-26.6M | ||
| Q2 24 | $-430.0K | $-25.7M | ||
| Q1 24 | $-216.0K | $-26.0M |
| Q4 25 | 13.0% | — | ||
| Q3 25 | 16.1% | 41.0% | ||
| Q2 25 | 10.4% | 43.1% | ||
| Q1 25 | 4.2% | 44.3% | ||
| Q4 24 | 14.7% | — | ||
| Q3 24 | 10.3% | 44.8% | ||
| Q2 24 | 17.7% | 43.8% | ||
| Q1 24 | 14.2% | 44.4% |
| Q4 25 | -3.1% | — | ||
| Q3 25 | 5.8% | -16.6% | ||
| Q2 25 | -0.1% | -12.0% | ||
| Q1 25 | -10.8% | -9.1% | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | -7.8% | -18.2% | ||
| Q2 24 | 4.8% | -18.9% | ||
| Q1 24 | 0.9% | -17.0% |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 3.2% | -40.6% | ||
| Q2 25 | 24.9% | -12.1% | ||
| Q1 25 | -37.0% | -9.6% | ||
| Q4 24 | 4.1% | — | ||
| Q3 24 | -0.2% | -19.0% | ||
| Q2 24 | -0.6% | -18.6% | ||
| Q1 24 | -0.3% | -18.0% |
| Q4 25 | $0.03 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $0.54 | — | ||
| Q1 25 | $-0.62 | — | ||
| Q4 24 | $0.10 | — | ||
| Q3 24 | $0.00 | — | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $-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 | $22.6M | $71.5M |
| Total DebtLower is stronger | $15.0M | — |
| Stockholders' EquityBook value | $239.7M | $852.5M |
| Total Assets | $340.0M | $1.1B |
| Debt / EquityLower = less leverage | 0.06× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.6M | — | ||
| Q3 25 | $5.1M | $71.5M | ||
| Q2 25 | $4.3M | $71.1M | ||
| Q1 25 | $5.1M | $70.1M | ||
| Q4 24 | $1.6M | — | ||
| Q3 24 | $7.2M | $64.0M | ||
| Q2 24 | $6.3M | $70.9M | ||
| Q1 24 | $4.6M | $91.1M |
| 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 | $239.7M | — | ||
| Q3 25 | $239.9M | $852.5M | ||
| Q2 25 | $240.5M | $902.4M | ||
| Q1 25 | $219.9M | $784.8M | ||
| Q4 24 | $243.8M | — | ||
| Q3 24 | $243.6M | $831.8M | ||
| Q2 24 | $242.9M | $850.5M | ||
| Q1 24 | $242.5M | $866.1M |
| Q4 25 | $340.0M | — | ||
| Q3 25 | $343.1M | $1.1B | ||
| Q2 25 | $345.8M | $1.1B | ||
| Q1 25 | $326.9M | $1.0B | ||
| Q4 24 | $341.5M | — | ||
| Q3 24 | $335.8M | $1.1B | ||
| Q2 24 | $341.8M | $1.1B | ||
| Q1 24 | $349.3M | $1.1B |
| 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 | $22.4M | $6.9M |
| Free Cash FlowOCF − Capex | $20.4M | $2.5M |
| FCF MarginFCF / Revenue | 23.7% | 1.8% |
| Capex IntensityCapex / Revenue | 2.3% | 3.2% |
| Cash ConversionOCF / Net Profit | 18.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $32.5M | $-11.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | — | ||
| Q3 25 | $18.2M | $6.9M | ||
| Q2 25 | $-5.1M | $-1.1M | ||
| Q1 25 | $8.7M | $4.5M | ||
| Q4 24 | $1.0M | — | ||
| Q3 24 | $5.8M | $-4.5M | ||
| Q2 24 | $14.9M | $-2.4M | ||
| Q1 24 | $-3.9M | $7.3M |
| Q4 25 | $20.4M | — | ||
| Q3 25 | $14.8M | $2.5M | ||
| Q2 25 | $-7.8M | $-8.4M | ||
| Q1 25 | $5.2M | $789.0K | ||
| Q4 24 | $-840.0K | — | ||
| Q3 24 | $3.7M | $-6.3M | ||
| Q2 24 | $13.5M | $-4.9M | ||
| Q1 24 | $-5.5M | $5.0M |
| Q4 25 | 23.7% | — | ||
| Q3 25 | 15.9% | 1.8% | ||
| Q2 25 | -9.1% | -6.1% | ||
| Q1 25 | 7.9% | 0.6% | ||
| Q4 24 | -0.9% | — | ||
| Q3 24 | 5.8% | -4.5% | ||
| Q2 24 | 18.3% | -3.6% | ||
| Q1 24 | -6.6% | 3.5% |
| Q4 25 | 2.3% | — | ||
| Q3 25 | 3.6% | 3.2% | ||
| Q2 25 | 3.1% | 5.3% | ||
| Q1 25 | 5.4% | 2.8% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 3.4% | 1.3% | ||
| Q2 24 | 1.8% | 1.8% | ||
| Q1 24 | 2.0% | 1.6% |
| Q4 25 | 18.99× | — | ||
| Q3 25 | 6.05× | — | ||
| Q2 25 | -0.24× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SND
| Sand | $85.1M | 99% |
| Smart Systems Segment | $980.0K | 1% |
SSYS
Segment breakdown not available.
