Sandisk Income Statement

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

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '26 Jul 3, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022
Revenue	20,248	7,355	6,663	6,086	9,754
Revenue Growth	175.30%	10.39%	9.48%	-37.60%	75.28%
Cost of Revenue	5,776	5,143	5,591	5,656	6,510
Gross Profit	14,472	2,212	1,072	430	3,244
Selling, General & Admin	676	573	455	558	666
Research & Development	1,328	1,132	1,061	1,167	1,362
Operating Expenses	2,004	1,705	1,516	1,725	2,028
Operating Income	12,468	507	-444	-1,295	1,216
Interest Expense	-73	-63	-40	-31	-15
Interest & Investment Income	70	22	12	21	6
Earnings From Equity Investments	-	-	-	45	51
Currency Exchange Gain (Loss)	-17	-29	-4	-5	-
Other Non Operating Income (Expenses)	-67	-30	-4	3	-8
EBT Excluding Unusual Items	12,381	407	-480	-1,262	1,250
Merger & Restructuring Charges	-23	-88	-24	-69	-16
Impairment of Goodwill	-	-1,830	-	-671	-
Gain (Loss) on Sale of Investments	808	-2	1	-	-
Gain (Loss) on Sale of Assets	-10	34	-	-	-
Legal Settlements	-93	-	-	-	-
Other Unusual Items	-46	-	-	-	-
Pretax Income	13,017	-1,479	-503	-2,002	1,234
Income Tax Expense	1,584	162	169	141	170
Net Income	11,433	-1,641	-672	-2,143	1,064
Net Income to Common	11,433	-1,641	-672	-2,143	1,064
Net Income Growth	-	-	-	-	173.89%
Shares Outstanding (Basic)	147	145	145	145	-
Shares Outstanding (Diluted)	155	145	145	145	-
Shares Change	6.90%	-	-	-31.89%	-
EPS (Basic)	77.78	-11.32	-4.63	-14.78	-
EPS (Diluted)	73.76	-11.32	-4.63	-14.78	-
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '26 Jul 3, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022
Free Cash Flow	11,494	-120	-475	-932	741
Free Cash Flow Per Share	74.16	-0.83	-3.28	-6.43	-
Gross Margin	71.47%	30.08%	16.09%	7.07%	33.26%
Operating Margin	61.58%	6.89%	-6.66%	-21.28%	12.47%
Profit Margin	56.46%	-22.31%	-10.09%	-35.21%	10.91%
Free Cash Flow Margin	56.77%	-1.63%	-7.13%	-15.31%	7.60%
EBITDA	12,617	670	-220	-847	1,741
EBITDA Margin	62.31%	9.11%	-3.30%	-13.92%	17.85%
D&A For EBITDA	149	163	224	448	525
EBIT	12,468	507	-444	-1,295	1,216
EBIT Margin	61.58%	6.89%	-6.66%	-21.28%	12.47%
Effective Tax Rate	12.17%	-	-	-	13.78%
Advertising Expenses	55	29	31	35	47

SEC Filings: 10-K · 10-Q