Sandisk Corporation (SNDK)

Sandisk Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2015
Period Ending	Jun 27, 2025	Jun 28, 2024	Jun 30, 2023	Jul 1, 2022	Jan 3, 2016
Revenue	7,355	6,663	6,086	9,754	5,565
Revenue Growth (YoY)	10.39%	9.48%	-37.60%	75.28%	-16.04%
Cost of Revenue	5,143	5,627	5,656	6,510	3,197
Gross Profit	2,212	1,036	430	3,244	2,368
Selling, General & Admin	573	455	558	666	561.54
Research & Development	1,132	1,061	1,167	1,362	883.24
Operating Expenses	1,705	1,516	1,725	2,028	1,609
Operating Income	507	-480	-1,295	1,216	758.94
Interest Expense	-63	-40	-31	-15	-92.65
Interest & Investment Income	22	12	21	6	-
Earnings From Equity Investments	-74	-49	45	51	-
Currency Exchange Gain (Loss)	-29	-4	-5	-	-
Other Non Operating Income (Expenses)	42	46	3	-8	6.57
EBT Excluding Unusual Items	405	-515	-1,262	1,250	672.86
Merger & Restructuring Charges	-88	-24	-69	-16	-82.24
Impairment of Goodwill	-1,830	-	-671	-	-
Gain (Loss) on Sale of Assets	34	-	-	-	-
Asset Writedown	-	-	-	-	-61
Pretax Income	-1,479	-503	-2,002	1,234	529.62
Income Tax Expense	162	169	141	170	141.15
Net Income	-1,641	-672	-2,143	1,064	388.48
Net Income to Common	-1,641	-672	-2,143	1,064	388.48
Net Income Growth	-	-	-	173.89%	-61.44%
Shares Outstanding (Basic)	145	145	145	-	205
Shares Outstanding (Diluted)	145	145	145	-	213
Shares Change (YoY)	-	-	-	-	-10.63%
EPS (Basic)	-11.32	-4.63	-14.78	-	1.89
EPS (Diluted)	-11.32	-4.63	-14.78	-	1.82
EPS Growth	-	-	-	-	-56.97%
Free Cash Flow	-120	-475	-932	741	632.85
Free Cash Flow Per Share	-0.83	-3.28	-6.43	-	2.97
Gross Margin	30.08%	15.55%	7.07%	33.26%	42.56%
Operating Margin	6.89%	-7.20%	-21.28%	12.47%	13.64%
Profit Margin	-22.31%	-10.09%	-35.21%	10.91%	6.98%
Free Cash Flow Margin	-1.63%	-7.13%	-15.31%	7.60%	11.37%
EBITDA	670	-256	-847	1,741	1,380
EBITDA Margin	9.11%	-3.84%	-13.92%	17.85%	24.80%
D&A For EBITDA	163	224	448	525	621.1
EBIT	507	-480	-1,295	1,216	758.94
EBIT Margin	6.89%	-7.20%	-21.28%	12.47%	13.64%
Effective Tax Rate	-	-	-	13.78%	26.65%
Advertising Expenses	29	31	35	47	-

Updated Jun 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q