Sandisk Income Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023
Period Ending	Jan '26 Jan 2, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022
Revenue	8,929	7,355	6,663	6,086	9,754
Revenue Growth (YoY)	23.60%	10.39%	9.48%	-37.60%	-
Cost of Revenue	5,821	5,143	5,591	5,656	6,510
Gross Profit	3,108	2,212	1,072	430	3,244
Selling, General & Admin	619	573	455	558	666
Research & Development	1,213	1,132	1,061	1,167	1,362
Other Operating Expenses	1,878	1,952	24	740	16
Total Operating Expenses	3,710	3,657	1,540	2,465	2,044
Operating Income	-622	-1,377	-468	-2,035	1,200
Interest Income	45	22	12	21	6
Interest Expense	-122	-63	-40	-31	-15
Other Non-Operating Income (Expense)	159	61	7	-43	-43
Total Non-Operating Income (Expense)	82	20	-21	-53	-52
Pretax Income	-858	-1,479	-503	-2,002	1,234
Provision for Income Taxes	183	162	169	141	170
Net Income	-1,041	-1,641	-672	-2,143	1,064
Net Income to Common	-1,041	-1,641	-672	-2,143	1,064
Shares Outstanding (Basic)	146	145	145	145	-
Shares Outstanding (Diluted)	149	145	145	145	-
Shares Change (YoY)	2.59%	-	-	-	-
EPS (Basic)	-7.26	-11.32	-4.63	-14.78	-
EPS (Diluted)	-7.59	-11.32	-4.63	-14.78	-
Free Cash Flow	1,493	-120	-475	-932	741
Free Cash Flow Per Share	10.04	-0.83	-3.28	-6.43	-
Gross Margin	34.81%	30.07%	16.09%	7.07%	33.26%
Operating Margin	-6.97%	-18.72%	-7.02%	-33.44%	12.30%
Profit Margin	-11.66%	-22.31%	-10.09%	-35.21%	10.91%
FCF Margin	16.72%	-1.63%	-7.13%	-15.31%	7.60%
EBITDA	-512	-1,214	-244	-1,587	1,725
EBITDA Margin	-5.73%	-16.51%	-3.66%	-26.08%	17.69%
EBIT	-622	-1,377	-468	-2,035	1,200
EBIT Margin	-6.97%	-18.72%	-7.02%	-33.44%	12.30%
Effective Tax Rate	-21.33%	-10.95%	-33.60%	-7.04%	13.78%

Updated Jan 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q