Sandisk Financial Statements
NASDAQ: SNDKTechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Sandisk revenue and earnings
In fiscal 2026, Sandisk generated $20.25 billion in revenue, up 175.3% from fiscal 2025, its 3rd consecutive year of revenue growth. Net income was $11.43 billion, for a net margin of 56.5% versus a median of -22.3% in the prior 3 years. Gross margin was 71.5% (up from 30.1%) and operating margin 61.2%.
Diluted earnings per share came in at $73.76. Over the last 3 fiscal years, SNDK's revenue has grown at a 49.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Sandisk income statement (annual)
| Fiscal year (USD) | FY 20262026-07-03 | FY 20252025-06-27 | FY 20242024-06-28 | FY 20232023-06-30 |
|---|---|---|---|---|
| Revenue | 20.25B | 7.36B | 6.66B | 6.09B |
| Revenue growth (YoY) | +175.30% | +10.39% | +9.48% | — |
| Cost of Revenue | 5.78B | 5.14B | 5.59B | 5.66B |
| Gross Profit | 14.47B | 2.21B | 1.07B | 430.00M |
| Operating Expenses | 2.08B | 3.59B | 1.54B | 2.46B |
| Research & Development | 1.33B | 1.13B | 1.06B | 1.17B |
| Selling, General & 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 |
| Other Income (Expense) | 628.00M | -102.00M | -35.00M | 33.00M |
| Pretax 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 |
| Net Income growth (YoY) | — | — | — | — |
| EPS (Basic) | 77.78 | -11.32 | -4.63 | -14.78 |
| EPS (Diluted) | 73.76 | -11.32 | -4.63 | -14.78 |
| Shares Outstanding (Basic) | 147.00M | 145.00M | 145.00M | 145.00M |
| Shares Outstanding (Diluted) | 155.00M | 145.00M | 145.00M | 145.00M |
| EBITDA | 12.54B | -1.21B | -244.00M | -1.59B |
| Gross Margin | 71.47% | 30.07% | 16.09% | 7.07% |
| Operating Margin | 61.19% | -18.72% | -7.02% | -33.44% |
| Net Margin | 56.46% | -22.31% | -10.09% | -35.21% |
This table shows 4 annual periods of Sandisk's income statement, from FY 2026 back to FY 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow SNDK's reporting calendar. What is a income statement?