Sandisk Corporation
NASDAQ:SNDK · NASDAQ Global Select
+$210.78 today
Vol 11.71M · Avg 14.88M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:SNDK · Revenue to Net Income
Key Ratios
Analysis
$13.2B of revenue converted into $4.5B of net income for the selected period. Gross margin is 46.3% and net margin is 22.7%, showing how much revenue survives after costs and taxes. EPS is $28.77, tying the income statement back to per-share earnings.
Income Statement
Annual data · 4 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.4B +10.4% | $6.7B +9.5% | $6.1B -37.6% | $9.8B | $1.0B | $809.6M | $921.6M |
| Cost of Revenue | $5.1B -8.0% | $5.6B -1.1% | $5.7B -13.1% | $6.5B | $344.8M | $725.6M | $804.0M |
| Gross Profit | $2.2B +106.3% | $1.1B +149.3% | $430.0M -86.7% | $3.2B | $10.3B | $8.9B | $7.6B |
| Gross Margin | 30.1% +14.0pp | 16.1% +9.0pp | 7.1% -26.2pp | 33.3% | 45.5% | 9.8% | 28.9% |
| Research & Development | $1.1B +6.7% | $1.1B -9.1% | $1.2B -14.3% | $1.4B | $378.4M | $983.2M | $1.3B |
| Selling, General & Admin | $573.0M +25.9% | $455.0M -18.5% | $558.0M -16.2% | $666.0M | $1.4B | $620.6M | $923.0M |
| Operating Expenses | $3.6B +133.1% | $1.5B -37.5% | $2.5B +20.6% | $2.0B | $3.6B | $5.3B | $7.0B |
| Depreciation & Amortization | $163.0M -27.2% | $224.0M -50.0% | $448.0M -14.7% | $525.0M | $1.2B | $374.2M | $1.2B |
| EBITDA | -$1.3B -424.3% | -$239.0M +84.3% | -$1.5B -187.5% | $1.7B | $12.6B | -$15.2B | $6.8B |
| EBITDA Margin | -17.0% -13.4pp | -3.6% +21.4pp | -25.0% -42.9pp | 17.8% | 10.0% | 5.6% | 46.3% |
| Operating Income | -$1.4B -194.2% | -$468.0M +77.0% | -$2.0B -269.6% | $1.2B | $10.6B | $12.3B | $14.0B |
| Operating Margin | -18.7% -11.7pp | -7.0% +26.4pp | -33.4% -45.7pp | 12.3% | 18.7% | 16.6% | 24.1% |
| Interest Income | $22.0M +83.3% | $12.0M -42.9% | $21.0M | $0 | $1.3B | -$1.5B | -$1.6B |
| Interest Expense | $63.0M +57.5% | $40.0M +29.0% | $31.0M +244.4% | $9.0M | $969.2M | $1.1B | $1.0B |
| Other Income / Expenses | -$102.0M -191.4% | -$35.0M -206.1% | $33.0M -2.9% | $34.0M | -$1.6B | -$1.5B | $1.4B |
| Income Before Tax | -$1.5B -194.0% | -$503.0M +74.9% | -$2.0B -262.2% | $1.2B | -$15.6B | $3.3B | $4.9B |
| Pre-Tax Margin | -20.1% -12.6pp | -7.5% +25.3pp | -32.9% -45.5pp | 12.7% | 13.3% | 20.8% | 18.7% |
| Income Tax Expense | $162.0M -4.1% | $169.0M +19.9% | $141.0M -17.1% | $170.0M | $666.8M | $1.3B | -$1.6B |
| Net Income | -$1.6B -144.2% | -$672.0M +68.6% | -$2.1B -301.4% | $1.1B | $5.0B | $4.9B | $4.8B |
| Net Margin | -22.3% -12.2pp | -10.1% +25.1pp | -35.2% -46.1pp | 10.9% | 7.4% | 12.4% | 17.5% |
| EPS (Basic) | -$11 -142.4% | -$5 +68.6% | -$15 -301.4% | $7 | $1.2B | $400.8M | $703.2M |
| EPS (Diluted) | -$11 -142.4% | -$5 +68.6% | -$15 -301.4% | $7 | $620.6M | $766.2M | $609.4M |
| Weighted Avg Shares | $145.0M +0.7% | $144.0M +0.0% | $144.0M +0.0% | $144.0M | $892.2M | $757.8M | $925.8M |
| Weighted Avg Shares (Diluted) | $145.0M +0.7% | $144.0M +0.0% | $144.0M +0.0% | $144.0M | $319.6M | $1.2B | $924.4M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Teradyne, Inc.
NASDAQ:TER
$67.46B
Hewlett Packard Enterprise Company
NYSE:HPE
$62.67B
Keysight Technologies, Inc.
NYSE:KEYS
$62.23B
Flex Ltd.
NASDAQ:FLEX
$53.22B
Credo Technology Group Holding Ltd
NASDAQ:CRDO
$49.30B
Jabil Inc.
NYSE:JBL
$39.00B
Teledyne Technologies Incorporated
NYSE:TDY
$28.67B
MongoDB, Inc.
NASDAQ:MDB
$26.70B
Wipro Limited
NYSE:WIT
$25.18B
Super Micro Computer, Inc.
NASDAQ:SMCI
$18.20B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does SNDK generate?
Sandisk Corporation (SNDK) reported $7.36B of revenue in fiscal 2025.
Is SNDK profitable?
Sandisk Corporation (SNDK) reported -$1,641,000,000.00 of net income, with a net margin of -22.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.