Sandisk Corporation (SNDK) — Financial statements
Income statement, balance sheet, and cash flow for Sandisk Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 7,355↑10.4% | 6,663↑9.5% | 6,086↓37.6% | 9,754↑0.0% | 9,754 | |
| Cost of Revenue | 5,143↓8.0% | 5,591↓1.1% | 5,656↓13.1% | 6,510↑0.0% | 6,510 | |
| Gross Profit | 2,212↑106.3% | 1,072↑149.3% | 430↓86.7% | 3,244↑0.0% | 3,244 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,132↑6.7% | 1,061↓9.1% | 1,167↓14.3% | 1,362↑0.0% | 1,362 | |
| General & Administrative Expenses | 544↑28.3% | 424↓18.9% | 523↓15.5% | 619↑0.0% | 619 | |
| Selling & Marketing Expenses | 29↓6.5% | 31↓11.4% | 35↓25.5% | 47↑0.0% | 47 | |
| SG&A Expenses | 573↑25.9% | 455↓18.5% | 558↓16.2% | 666↑0.0% | 666 | |
| Other Expenses | 1,884↑7750.0% | 24↓96.8% | 740↑4525.0% | 16↑0.0% | 16 | |
| Operating Expenses | 3,589↑133.1% | 1,540↓37.5% | 2,465↑20.6% | 2,044↑0.0% | 2,044 | |
| Total Costs & Expenses | 8,732↑22.5% | 7,131↓12.2% | 8,121↓5.1% | 8,554↑0.0% | 8,554 | |
| Operating Results | ||||||
| Operating Income | -1,377↓194.2% | -468↑77.0% | -2,035↓269.6% | 1,200↑0.0% | 1,200 | |
| Depreciation & Amortization | 163↓27.2% | 224↓50.0% | 448↓14.7% | 525↑0.0% | 525 | |
| EBITDA | -1,253↓424.3% | -239↑84.3% | -1,523↓187.5% | 1,741↑0.0% | 1,741 | |
| EBIT | -1,416↓205.8% | -463↑76.5% | -1,971↓262.1% | 1,216↑0.0% | 1,216 | |
| Interest & Other Income | ||||||
| Net Interest Income | -41↓46.4% | -28↓180.0% | -10↓11.1% | -9↑0.0% | -9 | |
| Interest Income | 22↑83.3% | 12↓42.9% | 21 | 0.00 | 0.00 | |
| Interest Expense | 63↑57.5% | 40↑29.0% | 31↑244.4% | 9↑0.0% | 9 | |
| Non-Operating Income | 39↑880.0% | -5↑92.2% | -64↓300.0% | -16↑0.0% | -16 | |
| Other Income / Expenses | -102↓191.4% | -35↓206.1% | 33↓2.9% | 34↑0.0% | 34 | |
| Income Before Tax | -1,479↓194.0% | -503↑74.9% | -2,002↓262.2% | 1,234↑0.0% | 1,234 | |
| Income Tax Expense | 162↓4.1% | 169↑19.9% | 141↓17.1% | 170↑0.0% | 170 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,641↓144.2% | -672↑68.6% | -2,143↓301.4% | 1,064↑0.0% | 1,064 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -1,641↓144.2% | -672↑68.6% | -2,143↓301.4% | 1,064↑0.0% | 1,064 | |
| Bottom-Line Net Income | -1,641↓144.2% | -672↑68.6% | -2,143↓301.4% | 1,064↑0.0% | 1,064 | |
| EPS (Basic) | -11.32↓142.4% | -4.67↑68.6% | -14.88↓301.4% | 7.39↑0.0% | 7.39 | |
| EPS (Diluted) | -11.32↓142.4% | -4.67↑68.6% | -14.88↓301.4% | 7.39↑0.0% | 7.39 | |
| Weighted Average Shares | 145↑0.7% | 144↑0.0% | 144↑0.0% | 144↑0.0% | 144 | |
| Weighted Average Diluted Shares | 145↑0.7% | 144↑0.0% | 144↑0.0% | 144↑0.0% | 144 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.