Revenue
$20.25B
Fiscal year ended 2026-07-03Operating income
$12.39B
Fiscal year ended 2026-07-03Free cash flow
$11.49B
Fiscal year ended 2026-07-03Sandisk Corp (SNDK) reported revenue of $20.25B and net income of $11.43B for the fiscal year ended 2026-07-03. This page shows 4 annual periods of income statement, balance sheet and cash flow figures normalized from Sandisk Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Computer Storage Devices.
Income
| Metric | 2026-07-03 | 2025-06-27 | 2024-06-28 | 2023-06-30 |
|---|---|---|---|---|
| Revenue | $20.25B | $7.36B | $6.66B | $6.09B |
| Cost of revenue | $5.78B | $5.14B | $5.59B | $5.66B |
| Gross profit | $14.47B | $2.21B | $1.07B | $430.00M |
| Operating income | $12.39B | -$1.38B | -$468.00M | -$2.04B |
| Net income | $11.43B | -$1.64B | -$672.00M | -$2.14B |
| Research & development | $1.33B | $1.13B | $1.06B | $1.17B |
| Weighted-average diluted shares | shares 155.00M | shares 145.00M | shares 145.00M | shares 145.00M |
| Pretax income | $13.02B | -$1.48B | -$503.00M | -$2.00B |
| Income tax expense | $1.58B | $162.00M | $169.00M | $141.00M |
| Diluted EPS | $73.76 | $-11.32 | $-4.63 | $-14.78 |
| Selling, general & administrative | $676.00M | $573.00M | $455.00M | $558.00M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-07-03 | 2025-06-27 | 2024-06-28 | 2023-06-30 |
|---|---|---|---|---|
| Cash & equivalents | $4.76B | $1.48B | $328.00M | Unavailable |
| Total assets | $22.51B | $12.98B | $13.51B | Unavailable |
| Current assets | $12.78B | $5.09B | $3.55B | Unavailable |
| Total liabilities | $6.77B | $3.77B | $2.42B | Unavailable |
| Current liabilities | $5.58B | $1.43B | $2.12B | Unavailable |
| Total equity incl. NCI | $15.74B | $9.22B | $11.08B | $11.44B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $2.70B | $2.08B | $1.96B | Unavailable |
| Accounts receivable | $4.71B | $1.07B | $935.00M | Unavailable |
| Goodwill | $4.99B | $5.00B | $7.21B | Unavailable |
| Long-term debt | $0 | $1.83B | $0 | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-07-03 | 2025-06-27 | 2024-06-28 | 2023-06-30 |
|---|---|---|---|---|
| Operating cash flow | $11.67B | $84.00M | -$309.00M | -$713.00M |
| Capital expenditures | $177.00M | $204.00M | $166.00M | $219.00M |
| Investing cash flow | -$1.39B | $556.00M | $210.00M | -$189.00M |
| Financing cash flow | -$7.00B | $518.00M | $136.00M | $860.00M |
| Net change in cash | $3.28B | $1.15B | $36.00M | -$43.00M |
| Stock-based compensation | $232.00M | $182.00M | $149.00M | $165.00M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $4.52B | $0 | $0 | Unavailable |
| Depreciation & amortization | $149.00M | $163.00M | $224.00M | $448.00M |
Derived
| Metric | 2026-07-03 | 2025-06-27 | 2024-06-28 | 2023-06-30 |
|---|---|---|---|---|
| Free cash flow | $11.49B | -$120.00M | -$475.00M | -$932.00M |
| Gross margin | 71.5% | 30.1% | 16.1% | 7.1% |
| Operating margin | 61.2% | -18.7% | -7.0% | -33.4% |
| FCF margin | 56.8% | -1.6% | -7.1% | -15.3% |
| SBC / revenue | 1.1% | 2.5% | 2.2% | 2.7% |
| Current ratio | 2.29x | 3.56x | 1.67x | Unavailable |
| Revenue YoY growth | 175.3% | 10.4% | 9.5% | Unavailable |
| Net margin | 56.5% | -22.3% | -10.1% | -35.2% |
| R&D / revenue | 6.6% | 15.4% | 15.9% | 19.2% |
| CapEx / revenue | 0.9% | 2.8% | 2.5% | 3.6% |
| Long-term debt / equity | 0.00x | 0.20x | Unavailable | Unavailable |
| Effective tax rate | 12.2% | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SNDK in the interactive workspace to inspect any figure back to its filing.
Source filings
10-K · Filed 2026-08-17View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-Q · Filed 2026-01-30View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-K · Filed 2025-08-21View SEC filing
10-Q · Filed 2025-05-12View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.