For the quarter ending 2026-01-02, SNDK made $3,025M in revenue. $803M in net income. Net profit margin of 26.55%.
| Income Statement | 2026-01-02 | 2025-10-03 | 2025-06-27 | 2025-03-28 |
|---|---|---|---|---|
| Revenue, net | 3,025 | 2,308 | 1,892 | 1,695 |
| Cost of revenue | 1,484 | 1,621 | 1,280 | 1,313 |
| Gross profit | 1,541 | 687 | 612 | 382 |
| Research and development | 327 | 316 | 284 | 285 |
| Selling, general and administrative | 139 | 179 | 146 | 139 |
| Goodwill impairment | - | - | 0 | 1,830 |
| Business separation costs | 9 | 9 | 19 | 9 |
| Employee termination and other | 1 | -3 | 9 | 0 |
| (gain) loss on business divestiture | 0 | -10 | 0 | 0 |
| Total operating expenses | 476 | 511 | 458 | 2,263 |
| Operating income | 1,065 | 176 | 155 | -1,881 |
| Interest income | 12 | 16 | 7 | 6 |
| Interest expense | 25 | 40 | 22 | 16 |
| Other expense, net | -115 | -28 | -15 | -10 |
| Total interest and other expense, net | -128 | -52 | -30 | -20 |
| Income before taxes | 937 | 124 | 125 | -1,901 |
| Income tax expense | 134 | 12 | 31 | 32 |
| Net income | 803 | 112 | 94 | -1,933 |
| Basic (in dollars per share) | 5.46 | 0.77 | 0.67 | -13.33 |
| Basic (in shares) | 147,000,000 | 146,000,000 | 0 | 145,000,000 |
| Diluted (in dollars per share) | 5.15 | 0.75 | 0.67 | -13.33 |
| Diluted (in shares) | 156,000,000 | 149,000,000 | 0 | 145,000,000 |
Sandisk Corp (SNDK)
Sandisk Corp (SNDK)