Sandisk Corp (SNDK) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	29.0B	20.2B	7.4B	6.7B	6.1B
Cost of Revenue	5.8B	5.8B	5.1B	5.6B	5.7B
Gross Profit	23.2B	14.5B	2.2B	1.1B	430.0M
Operating Expenses
R&D Expense	1.4B	1.3B	1.1B	1.1B	1.2B
SG&A Expense	711.0M	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	53.0M	79.0M	1.9B	24.0M	740.0M
Total Operating Expenses	2.2B	2.1B	3.6B	1.5B	2.5B
Cost and Expenses	8.0B	7.9B	8.7B	7.1B	8.1B
Operating Income (EBIT)	21.0B	12.4B	(1.4B)	(468.0M)	(2.0B)
Non-Operating
Interest Income	105.0M	70.0M	22.0M	12.0M	21.0M
Interest Expense	47.0M	73.0M	63.0M	40.0M	31.0M
Net Interest Income	58.0M	(3.0M)	(41.0M)	(28.0M)	(10.0M)
Other Non-Op Income/Expense	1.2B	628.0M	(102.0M)	(35.0M)	33.0M
Non-Operating Income (excl Interest)	(715.0M)	(701.0M)	39.0M	(5.0M)	(64.0M)
EBT (Pre-Tax Income)	22.2B	13.0B	(1.5B)	(503.0M)	(2.0B)
Income Tax Expense	2.8B	1.6B	162.0M	169.0M	141.0M
Bottom Line
Net Income	19.4B	11.4B	(1.6B)	(672.0M)	(2.1B)
Earnings from Cont. Ops	19.4B	11.4B	(1.6B)	(672.0M)	(2.1B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	19.4B	11.4B	(1.6B)	(672.0M)	(2.1B)
Per Share
Basic EPS	$132.51	$77.78	($11.32)	($4.67)	($14.88)
Diluted EPS	$125.61	$73.76	($11.32)	($4.67)	($14.88)
Revenue Per Share	$198.43	$137.74	$50.72	$46.27	$42.26
Shares
Basic Shares Outstanding	146.0M	147.0M	145.0M	144.0M	144.0M
Diluted Shares Outstanding	154.0M	155.0M	145.0M	144.0M	144.0M
Profitability Metrics
EBITDA	21.8B	13.2B	(1.3B)	(239.0M)	(1.5B)
D&A	156.0M	149.0M	163.0M	224.0M	448.0M
EBIT	21.7B	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 Oct 1, 2026