| Income Statement | 2025-10-03 | 2025-03-28 | 2024-12-27 | |
|---|---|---|---|---|
| Revenue, net | 2,308 | 1,695 | 1,876 | |
| Cost of revenue | 1,621 | 1,313 | 1,270 | |
| Gross profit | 687 | 382 | 606 | |
| Research and development | 316 | 285 | 279 | |
| Selling, general and administrative | 179 | 139 | 142 | |
| Goodwill impairment | - | 1,830 | - | |
| Business separation costs | 9 | 9 | 21 | |
| Employee termination and other | -3 | 0 | 3 | |
| Loss on sale of business divestiture | -10 | 0 | 34 | |
| Total operating expenses | 511 | 2,263 | 411 | |
| Operating income | 176 | -1,881 | 195 | |
| Interest income | 16 | 6 | 2 | |
| Interest expense | 40 | 16 | 4 | |
| Other expense, net | -28 | -10 | -20 | |
| Total interest and other expense, net | -52 | -20 | -22 | |
| Income before taxes | 124 | -1,901 | 173 | |
| Income tax expense | 12 | 32 | 69 | |
| Net income | 112 | -1,933 | 104 | |
| Basic (in dollars per share) | 0.77 | -13.33 | - | |
| Basic (in shares) | 146,000,000 | 145,000,000 | - | |
| Diluted (in dollars per share) | 0.75 | -13.33 | - | |
| Diluted (in shares) | 149,000,000 | 145,000,000 | - | |
Sandisk Corp (SNDK)
Sandisk Corp (SNDK)