cash flow reconciliationreview2024-12-27
Operating, investing and financing flows differ from the reported change in cash by 71000000, beyond tolerance 1880000.00.
Revenue
$8.96B
Fiscal year ended 2026-07-03Operating income
$7.04B
Fiscal year ended 2026-07-03Free cash flow
$7.08B
Fiscal year ended 2026-07-03Sandisk Corp (SNDK) reported revenue of $8.96B and net income of $6.90B for the fiscal year ended 2026-07-03. This page shows 10 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 | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-06-27 | 2025-03-28 | 2024-12-27 | 2024-09-27 | 2024-06-28 | 2024-03-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.96B | $5.95B | $3.02B | $2.31B | $1.90B | $1.70B | $1.88B | $1.88B | $1.76B | $1.70B |
| Cost of revenue | $1.38B | $1.29B | $1.48B | $1.62B | $1.40B | $1.31B | $1.27B | $1.16B | $1.12B | $1.24B |
| Gross profit | $7.58B | $4.66B | $1.54B | $687.00M | $498.00M | $382.00M | $606.00M | $726.00M | $636.00M | $463.00M |
| Operating income | $7.04B | $4.11B | $1.06B | $176.00M | $18.00M | -$1.88B | $195.00M | $291.00M | $199.00M | $65.00M |
| Net income | $6.90B | $3.62B | $803.00M | $112.00M | -$23.00M | -$1.93B | $104.00M | $211.00M | $120.00M | $27.00M |
| Research & development | $348.00M | $337.00M | $327.00M | $316.00M | $285.00M | $285.00M | $279.00M | $283.00M | $298.00M | $277.00M |
| Weighted-average diluted shares | Unavailable | shares 157.00M | shares 156.00M | shares 149.00M | Unavailable | shares 145.00M | shares 145.00M | shares 145.00M | Unavailable | shares 145.00M |
| Pretax income | $7.85B | $4.11B | $937.00M | $124.00M | -$1.48B | -$1.90B | $173.00M | $267.00M | -$503.00M | $54.00M |
| Income tax expense | $946.00M | $492.00M | $134.00M | $12.00M | $162.00M | $32.00M | $69.00M | $56.00M | $169.00M | $27.00M |
| Diluted EPS | Unavailable | $23.03 | $5.15 | $0.75 | Unavailable | $-13.33 | $0.72 | $1.46 | Unavailable | $0.19 |
| Selling, general & administrative | $197.00M | $161.00M | $139.00M | $179.00M | $162.00M | $139.00M | $142.00M | $130.00M | $117.00M | $107.00M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-07-03 | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-06-27 | 2025-03-28 | 2024-12-27 | 2024-09-27 | 2024-06-28 | 2024-03-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $4.76B | $3.74B | $1.54B | $1.44B | $1.48B | $1.51B | $804.00M | Unavailable | $328.00M | Unavailable |
| Total assets | $22.51B | $17.08B | $13.00B | $12.75B | $12.98B | $12.96B | $14.23B | Unavailable | $13.51B | Unavailable |
| Current assets | $12.78B | $9.17B | $5.15B | $4.98B | $5.09B | $5.09B | $4.46B | Unavailable | $3.55B | Unavailable |
| Total liabilities | $6.77B | $3.30B | $2.78B | $3.37B | $3.77B | $3.80B | $2.23B | Unavailable | $2.42B | Unavailable |
| Current liabilities | $5.58B | $1.92B | $1.65B | $1.52B | $1.43B | $1.38B | $1.87B | Unavailable | $2.12B | Unavailable |
| Total equity incl. NCI | $15.74B | $13.78B | $10.21B | $9.38B | $9.22B | $9.16B | $12.00B | $12.13B | $11.08B | $10.94B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $2.70B | $2.24B | $1.97B | $1.91B | $2.08B | $2.16B | $2.17B | Unavailable | $1.96B | Unavailable |
| Accounts receivable | $4.71B | $2.73B | $1.24B | $1.19B | $1.07B | $979.00M | $904.00M | Unavailable | $935.00M | Unavailable |
| Goodwill | $4.99B | $4.99B | $5.00B | $5.00B | $5.00B | $5.00B | $6.82B | Unavailable | $7.21B | Unavailable |
| Long-term debt | $0 | $0 | $583.00M | $1.33B | $1.83B | $1.93B | Unavailable | Unavailable | $0 | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-07-03 | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-06-27 | 2025-03-28 | 2024-12-27 | 2024-09-27 | 2024-06-28 | 2024-03-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.13B | $3.04B | $1.02B | $488.00M | $94.00M | $26.00M | $95.00M | -$131.00M | -$130.00M | -$12.00M |
| Capital expenditures | $43.00M | $45.00M | $39.00M | $50.00M | $45.00M | $44.00M | $48.00M | $67.00M | $38.00M | $29.00M |
| Investing cash flow | -$1.12B | -$83.00M | -$165.00M | -$15.00M | -$17.00M | $404.00M | $188.00M | -$19.00M | -$3.00M | $100.00M |
| Financing cash flow | -$4.98B | -$752.00M | -$758.00M | -$515.00M | -$102.00M | $276.00M | $130.00M | $214.00M | $85.00M | -$135.00M |
| Net change in cash | $1.03B | $2.20B | $97.00M | -$39.00M | -$26.00M | $703.00M | $482.00M | -$6.00M | -$49.00M | -$48.00M |
| Stock-based compensation | $67.00M | $54.00M | $58.00M | $53.00M | $49.00M | $44.00M | $48.00M | $41.00M | $34.00M | $38.00M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $37.00M | $38.00M | $38.00M | $36.00M | $36.00M | $37.00M | $36.00M | $54.00M | $54.00M | $56.00M |
Derived
| Metric | 2026-07-03 | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-06-27 | 2025-03-28 | 2024-12-27 | 2024-09-27 | 2024-06-28 | 2024-03-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $7.08B | $2.99B | $980.00M | $438.00M | $49.00M | -$18.00M | $47.00M | -$198.00M | -$168.00M | -$41.00M |
| Gross margin | 84.6% | 78.4% | 50.9% | 29.8% | 26.2% | 22.5% | 32.3% | 38.6% | 36.1% | 27.2% |
| Operating margin | 78.5% | 69.1% | 35.2% | 7.6% | 0.9% | -111.0% | 10.4% | 15.5% | 11.3% | 3.8% |
| FCF margin | 79.0% | 50.3% | 32.4% | 19.0% | 2.6% | -1.1% | 2.5% | -10.5% | -9.5% | -2.4% |
| SBC / revenue | 0.7% | 0.9% | 1.9% | 2.3% | 2.6% | 2.6% | 2.6% | 2.2% | 1.9% | 2.2% |
| Current ratio | 2.29x | 4.78x | 3.11x | 3.29x | 3.56x | 3.70x | 2.38x | Unavailable | 1.67x | Unavailable |
| Revenue YoY growth | 371.6% | 251.0% | 61.2% | 22.6% | 8.0% | -0.6% | 12.7% | Unavailable | Unavailable | Unavailable |
| Net margin | 77.0% | 60.8% | Unavailable | Unavailable | -1.2% | -114.0% | Unavailable | Unavailable | 6.8% | 1.6% |
| R&D / revenue | 3.9% | 5.7% | 10.8% | 13.7% | 15.0% | 16.8% | 14.9% | 15.0% | 16.9% | 16.2% |
| CapEx / revenue | 0.5% | 0.8% | 1.3% | 2.2% | 2.4% | 2.6% | 2.6% | 3.6% | 2.2% | 1.7% |
| Long-term debt / equity | 0.00x | 0.00x | Unavailable | Unavailable | 0.20x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 12.1% | 12.0% | 14.3% | 9.7% | Unavailable | Unavailable | 39.9% | 21.0% | Unavailable | 50.0% |
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
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
cash flow reconciliationreview2024-09-27
Operating, investing and financing flows differ from the reported change in cash by 71000000, beyond tolerance 2140000.00.