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 2022	FY 2015
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	Jan '16 Jan 3, 2016
Revenue	8,929	7,355	6,663	6,086	9,754	5,565
Revenue Growth (YoY)	23.60%	10.39%	9.48%	-37.60%	75.28%	-16.04%
Cost of Revenue	5,821	5,143	5,627	5,656	6,510	3,197
Gross Profit	3,108	2,212	1,036	430	3,244	2,368
Selling, General & Admin	619	573	455	558	666	561.54
Research & Development	1,213	1,132	1,061	1,167	1,362	883.24
Amortization of Goodwill & Intangibles	-	-	-	-	-	164.57
Operating Expenses	1,830	1,705	1,516	1,725	2,028	1,609
Operating Income	1,278	507	-480	-1,295	1,216	758.94
Interest Expense	-122	-63	-40	-31	-15	-92.65
Interest & Investment Income	45	22	12	21	6	-
Earnings From Equity Investments	-61	-74	-49	45	51	-
Currency Exchange Gain (Loss)	-13	-29	-4	-5	-	-
Other Non Operating Income (Expenses)	-90	42	46	3	-8	6.57
EBT Excluding Unusual Items	1,037	405	-515	-1,262	1,250	672.86
Merger & Restructuring Charges	-60	-88	-24	-69	-16	-82.24
Impairment of Goodwill	-1,830	-1,830	-	-671	-	-
Gain (Loss) on Sale of Assets	-10	34	-	-	-	-
Asset Writedown	-	-	-	-	-	-61
Pretax Income	-858	-1,479	-503	-2,002	1,234	529.62
Income Tax Expense	183	162	169	141	170	141.15
Net Income	-1,041	-1,641	-672	-2,143	1,064	388.48
Net Income to Common	-1,041	-1,641	-672	-2,143	1,064	388.48
Net Income Growth	-	-	-	-	173.89%	-61.44%
Shares Outstanding (Basic)	146	145	145	145	-	205
Shares Outstanding (Diluted)	146	145	145	145	-	213
Shares Change (YoY)	26.67%	-	-	-	-	-10.63%
EPS (Basic)	-7.15	-11.32	-4.63	-14.78	-	1.89
EPS (Diluted)	-7.15	-11.32	-4.63	-14.78	-	1.82
EPS Growth	-	-	-	-	-	-56.97%
Free Cash Flow	1,449	-120	-475	-932	741	632.85
Free Cash Flow Per Share	9.96	-0.83	-3.28	-6.43	-	2.97
Gross Margin	34.81%	30.08%	15.55%	7.07%	33.26%	42.56%
Operating Margin	14.31%	6.89%	-7.20%	-21.28%	12.47%	13.64%
Profit Margin	-11.66%	-22.31%	-10.09%	-35.21%	10.91%	6.98%
Free Cash Flow Margin	16.23%	-1.63%	-7.13%	-15.31%	7.60%	11.37%
EBITDA	1,425	670	-256	-847	1,741	1,380
EBITDA Margin	15.96%	9.11%	-3.84%	-13.92%	17.85%	24.80%
D&A For EBITDA	147	163	224	448	525	621.1
EBIT	1,278	507	-480	-1,295	1,216	758.94
EBIT Margin	14.31%	6.89%	-7.20%	-21.28%	12.47%	13.64%
Effective Tax Rate	-	-	-	-	13.78%	26.65%
Advertising Expenses	-	29	31	35	47	-

Updated Jan 2, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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