Sandisk Corporation (SNDK)
Nasdaq: SNDK · Computer Storage Devices · Milpitas, CA · filing with the SEC since 2024
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in June.| Fiscal year | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period ending | Jul 3, 2026 | Jun 27, 2025 | Jun 28, 2024 | Jun 30, 2023 |
| Report filed | Aug 17, 2026 | Aug 21, 2025 | · | · |
| Revenue | 20,248 | 7,355 | 6,663 | 6,086 |
| Cost of revenue | 5,776 | 5,143 | 5,591 | 5,656 |
| Gross profit | 14,472 | 2,212 | 1,072 | 430 |
| Research and development | 1,328 | 1,132 | 1,061 | 1,167 |
| Selling, general and administrative | 676 | 573 | 455 | 558 |
| Total operating expenses | 2,083 | 3,589 | 1,540 | 2,465 |
| Operating income | 12,389 | -1,377 | -468 | -2,035 |
| Interest expense | 73 | 63 | 40 | 31 |
| Interest and investment income | 70 | 22 | 12 | 21 |
| Share of profit of equity-method investments | -160 | -73r | -49 | 45 |
| Other income (expense), net | -177 | -59r | -8r | 43 |
| Total non-operating income (expense) | 628 | -102 | -35 | 33 |
| Income before income taxes | 13,017 | -1,479 | -503 | -2,002 |
| Income tax expense | 1,584 | 162 | 169 | 141 |
| Net income | 11,433 | -1,641 | -672 | -2,143 |
| Earnings per share, basic | 77.78 | -11.32 | -4.63 | -14.78 |
| Earnings per share, diluted | 73.76 | -11.32 | -4.63 | -14.78 |
| Weighted average shares, basic | 147 | 145 | 145 | 145 |
| Weighted average shares, diluted | 155 | 145 | 145 | 145 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding