Sandisk Corporation (SNDK) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	20.2B	20.2B	7.4B	6.7B	6.1B
Cost of Revenue	5.8B	5.8B	5.1B	5.6B	5.7B
Gross Profit	14.5B	14.5B	2.2B	1.1B	430.0M
Operating Expenses
R&D Expense	1.3B	1.3B	1.1B	1.1B	1.2B
SG&A Expense	676.0M	676.0M	573.0M	455.0M	558.0M
General & Admin Expense	—	—	544.0M	424.0M	523.0M
Selling & Marketing Expense	—	—	29.0M	31.0M	35.0M
Other Expenses	79.0M	79.0M	1.9B	24.0M	740.0M
Total Operating Expenses	2.1B	2.1B	3.6B	1.5B	2.5B
Cost and Expenses	7.9B	7.9B	8.7B	7.1B	8.1B
Operating Income (EBIT)	12.4B	12.4B	(1.4B)	(468.0M)	(2.0B)
Non-Operating
Interest Income	70.0M	70.0M	22.0M	12.0M	21.0M
Interest Expense	73.0M	73.0M	63.0M	40.0M	31.0M
Net Interest Income	(3.0M)	(3.0M)	(41.0M)	(28.0M)	(10.0M)
Other Non-Op Income/Expense	628.0M	628.0M	(102.0M)	(35.0M)	33.0M
Non-Operating Income (excl Interest)	(701.0M)	(701.0M)	39.0M	(5.0M)	(64.0M)
EBT (Pre-Tax Income)	13.0B	13.0B	(1.5B)	(503.0M)	(2.0B)
Income Tax Expense	1.6B	1.6B	162.0M	169.0M	141.0M
Bottom Line
Net Income	11.4B	11.4B	(1.6B)	(672.0M)	(2.1B)
Earnings from Cont. Ops	11.4B	11.4B	(1.6B)	(672.0M)	(2.1B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	11.4B	11.4B	(1.6B)	(672.0M)	(2.1B)
Per Share
Basic EPS	$77.78	$77.78	($11.32)	($4.67)	($14.88)
Diluted EPS	$73.76	$73.76	($11.32)	($4.67)	($14.88)
Revenue Per Share	$137.74	$137.74	$50.72	$46.27	$42.26
Shares
Basic Shares Outstanding	147.0M	147.0M	145.0M	144.0M	144.0M
Diluted Shares Outstanding	155.0M	155.0M	145.0M	144.0M	144.0M
Profitability Metrics
EBITDA	13.1B	13.1B	(1.3B)	(239.0M)	(1.5B)
D&A	—	—	163.0M	224.0M	448.0M
EBIT	13.1B	13.1B	(1.4B)	(463.0M)	(2.0B)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026