For the quarter ending 2026-04-03, SNDK had $2,196M increase in cash & cash equivalents over the period. $2,993M in free cash flow.
| Cash Flow | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-06-27 |
|---|---|---|---|---|
| Revenue | 5,950 | - | - | - |
| Segment cost of revenue | 1,284 | - | - | - |
| Segment research and development | 905 | - | - | - |
| Segment selling, general and administrative | 402 | - | - | - |
| Stock-based compensation expenses | 54 | - | - | - |
| Goodwill impairment | 0 | - | - | - |
| Other segment items | 79 | - | - | - |
| Operating income (loss) | 5,352 | - | - | - |
| Total interest and other expense, net | -364 | - | - | - |
| Income tax expense | 492 | - | - | - |
| Net income (loss) | 3,615 | 803 | 112 | -23 |
| Depreciation and amortization | 38 | 38 | 36 | 36 |
| Stock-based compensation | 54 | 58 | 53 | 49 |
| Goodwill impairment | 0 | - | - | 0 |
| Deferred income taxes | -32 | -13 | 3 | -19 |
| Asset impairment | - | - | - | 0 |
| (gain) loss on disposal of assets | -1 | 0 | - | 0 |
| Impairment of cost method investments | 0 | 5 | - | 0 |
| Unrealized foreign exchange (gain) loss | -19 | -19 | -1 | 19 |
| (gain) loss on business divestiture | 0 | 0 | -10 | 0 |
| Loss on debt extinguishment | -46 | - | - | - |
| Amortization of debt issuance costs and discounts | 1 | 3 | 2 | 2 |
| Equity loss in investees, net of dividends received | -12 | -19 | -27 | -6 |
| Gain on sale of investments | 0 | 9 | - | 0 |
| Other non-cash operating activities, net | -7 | 33 | -6 | 6 |
| Settlement of accrued interest on notes due to western digital corporation | 0 | 0 | 0 | 0 |
| Accounts receivable, net | 1,487 | 46 | 125 | 89 |
| Inventories | 268 | 63 | -172 | -81 |
| Accounts payable | -39 | 45 | 30 | -6 |
| Accounts payable to related parties | 2 | -53 | 86 | 5 |
| Contract liabilities | 486 | - | - | - |
| Accrued expenses | 17 | 5 | -43 | 10 |
| Income taxes payable | 640 | - | - | - |
| Accrued compensation | 56 | 65 | 35 | 59 |
| Other assets and liabilities, net | 116 | -110 | -95 | 4 |
| Net cash provided by (used in) operating activities | 3,038 | 1,019 | 488 | 94 |
| Purchases of property, plant and equipment | 45 | 39 | 50 | 45 |
| Proceeds from the sale of property, plant and equipment | - | - | - | 0 |
| Proceeds from dispositions of business | 0 | 0 | 25 | 0 |
| Notes receivable issuances to flash ventures | 83 | 169 | 87 | 59 |
| Notes receivable proceeds from flash ventures | 45 | 32 | 97 | 87 |
| Distributions from flash ventures | 0 | 0 | - | 0 |
| Strategic investments and other, net | 0 | 11 | - | 0 |
| Net cash provided by (used in) investing activities | -83 | -165 | -15 | -17 |
| Issuance of stock under employee stock plans | 0 | 24 | - | 5 |
| Taxes paid on vested stock awards under employee stock plans | 102 | 32 | 15 | 7 |
| Proceeds from debt | 0 | - | - | 0 |
| Repayment of debt | 650 | 750 | 500 | 100 |
| Debt issuance costs | 0 | - | - | 0 |
| 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 | 0 |
| Origination of notes due from western digital corporation | - | - | - | 0 |
| Net cash provided by (used in) financing activities | -752 | -758 | -515 | -102 |
| Effect of exchange rate changes on cash | -7 | 1 | 3 | -1 |
| Changes in cash and cash equivalents classified as assets held for sale | - | - | 0 | - |
| Net increase in cash and cash equivalents | 2,196 | 97 | -39 | -26 |
| Cash and cash equivalents, beginning of year | 1,539 | 1,442 | 1,481 | 1,507 |
| Cash and cash equivalents, end of period | 3,735 | 1,539 | 1,442 | 1,481 |