Sandisk Quarterly Income Statement
NASDAQ: SNDKTechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Sandisk revenue and earnings
In the quarter ended Jul 3, 2026, Sandisk generated $8.96 billion in revenue, up 371.6% from the same quarter a year earlier. Net income was $6.90 billion, for a net margin of 77.0% versus a median of 4.9% in the prior 5 quarters. Gross margin was 84.6% (up from 26.2%) and operating margin 78.5%.
Diluted earnings per share came in at $44.83.
Summary generated from market data by MetaCap's automated system. Methodology
Sandisk income statement (quarterly)
| Quarter (USD) | Q4 20262026-07-03 | Q3 20262026-04-03 | Q2 20262026-01-02 | Q1 20262025-10-03 | Q4 20252025-06-27 | Q3 20252025-03-28 | Q2 20252024-12-27 | Q1 20252024-09-27 | Q4 20242024-06-28 | Q3 20242024-03-29 | Q2 20242023-12-29 | Q1 20242023-09-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.96B | 5.95B | 3.02B | 2.31B | 1.90B | 1.70B | 1.88B | 1.88B | 1.76B | 1.71B | 1.67B | — |
| Revenue growth (YoY) | +371.59% | +251.03% | +61.25% | +22.57% | +8.01% | -0.59% | +12.67% | — | — | — | — | — |
| Cost of Revenue | 1.38B | 1.29B | 1.48B | 1.62B | 1.40B | 1.31B | 1.27B | 1.16B | 1.12B | 1.24B | 1.50B | — |
| Gross Profit | 7.58B | 4.66B | 1.54B | 687.00M | 498.00M | 382.00M | 606.00M | 726.00M | 636.00M | 463.00M | 161.00M | — |
| Operating Expenses | 545.00M | 551.00M | 476.00M | 511.00M | 480.00M | 2.26B | 411.00M | 435.00M | 437.00M | 398.00M | 406.00M | — |
| Research & Development | 348.00M | 337.00M | 327.00M | 316.00M | 285.00M | 285.00M | 279.00M | 283.00M | 298.00M | 277.00M | 246.00M | — |
| Selling, General & Admin | 197.00M | 161.00M | 139.00M | 179.00M | 162.00M | 139.00M | 142.00M | 130.00M | 117.00M | 107.00M | 113.00M | — |
| Operating Income | 7.04B | 4.11B | 1.06B | 176.00M | 18.00M | -1.88B | 195.00M | 291.00M | 199.00M | 65.00M | -245.00M | — |
| Interest Expense | 2.00M | 6.00M | 25.00M | 40.00M | 41.00M | 16.00M | 4.00M | 2.00M | 9.00M | 9.00M | 11.00M | — |
| Other Income (Expense) | 812.00M | -4.00M | -128.00M | -52.00M | -36.00M | -20.00M | -22.00M | -24.00M | -2.00M | -11.00M | -15.00M | — |
| Pretax Income | 7.85B | 4.11B | 937.00M | 124.00M | -1.48B | -1.90B | 173.00M | 267.00M | -503.00M | 54.00M | -260.00M | — |
| Income Tax | 946.00M | 492.00M | 134.00M | 12.00M | 162.00M | 32.00M | 69.00M | 56.00M | 169.00M | 27.00M | 41.00M | — |
| Net Income | 6.90B | 3.62B | 803.00M | 112.00M | -23.00M | -1.93B | 104.00M | 211.00M | 120.00M | 27.00M | -301.00M | -518.00M |
| Net Income growth (YoY) | — | — | +672.12% | -46.92% | -119.17% | -7259.26% | — | — | — | — | — | — |
| EPS (Basic) | 47.12 | 24.43 | 5.46 | 0.77 | -0.17 | -13.33 | 0.72 | 1.46 | — | 0.19 | — | — |
| EPS (Diluted) | 44.83 | 23.03 | 5.15 | 0.75 | -0.17 | -13.33 | 0.72 | 1.46 | — | 0.19 | — | — |
| Shares Outstanding (Basic) | — | 148.00M | 147.00M | 146.00M | — | 145.00M | 145.00M | 145.00M | — | 145.00M | — | — |
| Shares Outstanding (Diluted) | — | 157.00M | 156.00M | 149.00M | — | 145.00M | 145.00M | 145.00M | — | 145.00M | — | — |
| EBITDA | 7.07B | 4.15B | 1.10B | 212.00M | 54.00M | -1.84B | 231.00M | 345.00M | 253.00M | 121.00M | — | — |
| Gross Margin | 84.57% | 78.35% | 50.94% | 29.77% | 26.20% | 22.54% | 32.30% | 38.56% | 36.14% | 27.16% | 9.67% | — |
| Operating Margin | 78.49% | 69.09% | 35.21% | 7.63% | 95.00% | -110.97% | 10.39% | 15.45% | 11.31% | 3.81% | -14.71% | — |
| Net Margin | 77.00% | 60.76% | 26.55% | 4.85% | -121.00% | -114.04% | 5.54% | 11.21% | 6.82% | 1.58% | -18.08% | — |
This table shows 12 quarterly periods of Sandisk's income statement, from Q4 2026 back to Q1 2024, 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?