For the quarter ending 2026-01-02, SNDK had $97M increase in cash & cash equivalents over the period. $980M in free cash flow.
| Cash Flow | 2026-01-02 | 2025-10-03 | 2025-06-27 | 2025-03-28 |
|---|---|---|---|---|
| Net income | 803 | 112 | -23 | -1,933 |
| Depreciation and amortization | 38 | 36 | 36 | 37 |
| Stock-based compensation | 58 | 53 | 49 | 44 |
| Goodwill impairment | - | - | 0 | 1,830 |
| Deferred income taxes | -13 | 3 | -19 | -16 |
| Asset impairment | - | - | 0 | - |
| Gain on disposal of assets | 0 | - | 0 | 0 |
| Impairment of cost method investments | 5 | - | 0 | 0 |
| Unrealized foreign exchange (gain) loss | -19 | -1 | 19 | 1 |
| (gain) loss on sale of business divestiture | 0 | -10 | 0 | 0 |
| Amortization of debt issuance costs and discounts | 3 | 2 | 2 | 1 |
| Equity loss in investees, net of dividends received | -19 | -27 | -6 | -9 |
| Gain on sale of investments | 9 | - | 0 | 0 |
| Other non-cash operating activities, net | 33 | -6 | 6 | 7 |
| Settlement of accrued interest on notes due to western digital corporation | 0 | 0 | 0 | 3 |
| Accounts receivable, net | 46 | 125 | 89 | 42 |
| Inventories | 63 | -172 | -81 | -11 |
| Accounts payable | 45 | 30 | -6 | 42 |
| Accounts payable to related parties | -53 | 86 | 5 | 26 |
| Accrued expenses | 5 | -43 | 10 | -10 |
| Accrued compensation | 65 | 35 | 59 | -44 |
| Other assets and liabilities, net | -110 | -95 | 4 | -68 |
| Net cash provided by (used in) operating activities | 1,019 | 488 | 94 | 26 |
| Purchases of property, plant and equipment | 39 | 50 | 45 | 44 |
| Proceeds from the sale of property, plant and equipment | - | - | 0 | 0 |
| Proceeds from dispositions of business | 0 | 25 | 0 | 210 |
| Notes receivable issuances to flash ventures | 169 | 87 | 59 | 8 |
| Notes receivable proceeds from flash ventures | 32 | 97 | 87 | 246 |
| Distributions from flash ventures | 0 | - | 0 | 0 |
| Strategic investments and other, net | 11 | - | 0 | 0 |
| Net cash provided by (used in) investing activities | -165 | -15 | -17 | 404 |
| Issuance of stock under employee stock plans | 24 | - | 5 | - |
| Taxes paid on vested stock awards under employee stock plans | 32 | 15 | 7 | 6 |
| Proceeds from debt | - | - | 0 | 1,970 |
| Repayment of debt | 750 | 500 | 100 | - |
| Debt issuance costs | - | - | 0 | 32 |
| Proceeds from borrowings on notes due to western digital corporation | 0 | - | 0 | 0 |
| Proceeds from principal repayments on notes due from western digital corporation | 0 | 0 | 0 | 0 |
| Repayments of principal on notes due to western digital corporation | 0 | 0 | 0 | 0 |
| Transfers to western digital corporation | 0 | 0 | 0 | -1,656 |
| Origination of notes due from western digital corporation | - | - | 0 | 0 |
| Net cash provided by (used in) financing activities | -758 | -515 | -102 | 276 |
| Effect of exchange rate changes on cash | 1 | 3 | -1 | -3 |
| Changes in cash and cash equivalents classified as assets held for sale | - | 0 | - | - |
| Net increase in cash and cash equivalents | 97 | -39 | -26 | 703 |
| Cash and cash equivalents at beginning of period | 1,442 | 1,481 | 1,507 | 804 |
| Cash and cash equivalents at end of period | 1,539 | 1,442 | 1,481 | 1,507 |
Sandisk Corp (SNDK)
Sandisk Corp (SNDK)