Financials · SNDK

Sandisk Corporation (SNDK) financials

For the twelve months ended Oct 2, 2026, Sandisk Corporation reported $28.97B of revenue and $19.42B of net income.

Revenue, TTM
$28.97B
Revenue growth, YoY
+272.4%
Net income, TTM
$19.42B
Net margin
67.0%
Free cash flow, TTM
$17.36B
EPS, diluted, TTM
$125.61
Cash
$5.14B
P/E
6.12
P/S
4.10
Market cap
$118.82B
Annual revenue$20.25B
FY2023FY2026
Annual net income$11.43B
FY2023FY2026
Annual free cash flow$11.49B
FY2023FY2026

SNDK revenue and earnings growth

SNDK revenueQ1 2027$11.03B

Quarter YoY
+377.9%
QoQ
+23.0%
FY YoY
+175.3%

SNDK revenue was $11.03B in fiscal Q1 2027 (ended Oct 2, 2026), up 377.9% from a year earlier and up 23.0% from the prior quarter. For the full fiscal 2026 it was $20.25B, up 175.3% from fiscal 2025. It rose in each of the last 3 fiscal years.

SNDK net incomeQ1 2027$8.10B

Quarter YoY
72x
QoQ
+17.4%

SNDK net income was $8.10B in fiscal Q1 2027 (ended Oct 2, 2026), up about 72-fold from a year earlier and up 17.4% from the prior quarter. For the full fiscal 2026 it was $11.43B, compared with -$1.64B in fiscal 2025.

SNDK EPSQ1 2027$52.60

Quarter YoY
70x
QoQ
+17.3%

SNDK diluted EPS was $52.60 in fiscal Q1 2027 (ended Oct 2, 2026), up about 70-fold from a year earlier and up 17.3% from the prior quarter. For the full fiscal 2026 it was $73.76, compared with -$11.32 in fiscal 2025.

SNDK free cash flowQ1 2027$6.31B

Quarter YoY
14x
QoQ
-10.9%

SNDK free cash flow was $6.31B in fiscal Q1 2027 (ended Oct 2, 2026), up about 14-fold from a year earlier and down 10.9% from the prior quarter. For the full fiscal 2026 it was $11.49B, compared with -$120.00M in fiscal 2025.

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Income statement

Income statement
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Revenue$20.25B$7.36B$6.66B$6.09B
Cost of revenue$5.78B$5.14B$5.59B$5.66B
Gross profit$14.47B$2.21B$1.07B$430.00M
Research and development$1.33B$1.13B$1.06B$1.17B
Selling, general and admin$676.00M$573.00M$455.00M$558.00M
Operating income$12.39B-$1.38B-$468.00M-$2.04B
Interest expense$73.00M$63.00M$40.00M$31.00M
Pre-tax income$13.02B-$1.48B-$503.00M-$2.00B
Income tax$1.58B$162.00M$169.00M$141.00M
Net income$11.43B-$1.64B-$672.00M-$2.14B
EPS, basic$77.78-$11.32-$4.63-$14.78
EPS, diluted$73.76-$11.32-$4.63-$14.78
Diluted shares155.0M145.0M145.0M145.0M

Balance sheet

Balance sheet
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Cash and equivalents$4.76B$1.48B$328.00M$292.00M
Receivables$4.71B$1.07B$935.00M-
Inventory$2.70B$2.08B$1.96B-
Current assets$12.78B$5.09B$3.55B-
Goodwill$4.99B$5.00B$7.21B-
Total assets$22.51B$12.98B$13.51B-
Current liabilities$5.58B$1.43B$2.12B-
Short-term debt$0$20.00M$0-
Long-term debt$0$1.83B$0-
Total debt$0$1.85B$0-
Total liabilities$6.77B$3.77B$2.42B-
Shareholders' equity$15.74B$9.22B$11.08B$11.44B

Cash flow

Cash flow
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Operating cash flow$11.67B$84.00M-$309.00M-$713.00M
Capital expenditures$177.00M$204.00M$166.00M$219.00M
Free cash flow$11.49B-$120.00M-$475.00M-$932.00M
Investing cash flow-$1.39B$556.00M$210.00M-$189.00M
Financing cash flow-$7.00B$518.00M$136.00M$860.00M
Share repurchases$4.52B$0$0-
Stock-based compensation$232.00M$182.00M$149.00M$165.00M
Depreciation and amortization$149.00M$163.00M$224.00M$448.00M

Key ratios

Key ratios
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Revenue growth, YoY175.3%10.4%9.5%-
Gross margin71.5%30.1%16.1%7.1%
Operating margin61.2%-18.7%-7.0%-33.4%
Net margin56.5%-22.3%-10.1%-35.2%
Free cash flow margin56.8%-1.6%-7.1%-15.3%
Return on equity72.7%-17.8%-6.1%-18.7%
Return on assets50.8%-12.6%-5.0%-
Current ratio2.293.561.67-
Debt to equity0.000.200.00-

Source: XBRL data Sandisk Corporation files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SNDK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SNDK$28.97B+272.4%$19.42B67.0%$118.82B
KLAC$14.51B+15.8%$5.26B36.2%$180.45B
STX$13.80B+44.4%$4.40B31.9%$105.83B
WDC$14.48B+43.0%$10.02B69.2%$98.74B
TEL$19.32B+16.5%$3.02B15.6%$59.93B
COHR$7.91B+30.8%$960.42M12.1%$37.97B
NTAP$7.39B+12.2%$1.42B19.2%$33.23B
P$4.26B+27.2%$253.28M5.9%$32.24B
NVMI$880.58M+31.0%$259.22M29.4%$9.95B

SNDK FAQ

9 questions
  • What is SNDK revenue?
    Sandisk Corporation (SNDK) reported $28.97B of revenue for the twelve months ended Oct 2, 2026. That is up 272.4% from the year before. Revenue for fiscal 2026 was $20.25B.
  • Is SNDK profitable?
    Yes. Sandisk Corporation earned $19.42B in net income for the twelve months ended Oct 2, 2026, a net margin of 67.0%.
  • How much cash and debt does SNDK have?
    Sandisk Corporation reported $5.14B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is SNDK revenue growing?
    Sandisk Corporation's revenue changed +175.3% in fiscal 2026, to $20.25B.
  • What is SNDK gross margin?
    Sandisk Corporation's gross profit was $23.16B on $28.97B of revenue for the twelve months ended Oct 2, 2026, a gross margin of 80.0%.
  • What is SNDK free cash flow?
    Sandisk Corporation generated $17.36B of free cash flow for the twelve months ended Oct 2, 2026, which is operating cash flow of $17.55B less capital expenditures.
  • What is SNDK earnings per share?
    Diluted earnings per share were $125.61 for the twelve months ended Oct 2, 2026, from SEC filings, restated for any stock split those filings show.
  • When did SNDK last report financial results?
    The latest statements here come from Sandisk Corporation's 10-Q filed on Oct 30, 2026, covering the period ended Oct 2, 2026.
  • Where does this SNDK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Sandisk Corporation files with the SEC. It is provided for information only and is not investment advice.