Sandisk (SNDK)
Develops NAND flash storage for datacenters, edge devices, and consumers.
$1,893.65
vs last close+127.01 (+7.19%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Oct 2025 | Q2 FY26Jan 2026 | Q3 FY26Apr 2026 | Q4 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,533 | 1,665 | 1,705 | 1,760 | 1,883 | 1,876 | 1,695 | 1,901 | 2,308 | 3,025 | 5,950 | 8,965 |
| Cost of revenue | 1,721 | 1,504 | 1,242 | 1,124 | 1,157 | 1,270 | 1,313 | 1,403 | 1,621 | 1,484 | 1,288 | 1,383 |
| Gross profit | −188 | 161 | 463 | 636 | 726 | 606 | 382 | 498 | 687 | 1,541 | 4,662 | 7,582 |
| 299 | 406 | 398 | 437 | 413 | 411 | 424 | 480 | 495 | 466 | 551 | 571 | |
| Research & development | 240 | 246 | 277 | 298 | 283 | 279 | 285 | 285 | 316 | 327 | 337 | 348 |
| 118 | 113 | 107 | 117 | 130 | 142 | 139 | 162 | 179 | 139 | 161 | 197 | |
| Selling & marketing | 0 | 113 | 0 | 31 | 0 | 142 | 0 | 29 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 86 | 0 | 0 | 0 | 133 | 0 | 0 | 0 | 0 |
| Other expenses | −59 | 47 | 14 | 22 | 0 | −10 | 0 | 33 | 0 | 0 | 53 | 26 |
| Operating income | −487 | −245 | 65 | 199 | 313 | 195 | −42 | 18 | 192 | 1,075 | 4,111 | 7,011 |
| −7 | −15 | −11 | −2 | −46 | −22 | −1,859 | −36 | −68 | −138 | −4 | 838 | |
| Interest income | 0 | 3 | 3 | 3 | 3 | 2 | 6 | 11 | 16 | 12 | 12 | 30 |
| Interest expense | 8 | 11 | 9 | 9 | 2 | 4 | 16 | 41 | 40 | 25 | 18 | −10 |
| Other non-operating income | 59 | −47 | 2 | −7 | 44 | 18 | 1,843 | −5 | 28 | 113 | −14 | −828 |
| Income before tax | −494 | −260 | 54 | 197 | 267 | 173 | −1,901 | −18 | 124 | 937 | 4,107 | 7,849 |
| Income tax expense | 24 | 41 | 27 | 77 | 56 | 69 | 32 | 5 | 12 | 134 | 492 | 946 |
| Net income from continuing operations | −518 | −301 | 27 | 120 | 211 | 104 | −1,933 | −23 | 112 | 803 | 3,615 | 6,903 |
| Net income | −518 | −301 | 27 | 120 | 211 | 104 | −1,933 | −23 | 112 | 803 | 3,615 | 6,903 |
| EPS, basic | −$3.60 | −$2.08 | $0.19 | $0.83 | $1.46 | $0.72 | −$13.33 | −$0.16 | $0.76 | $5.46 | $24.43 | $47.13 |
| EPS, diluted | −$3.60 | −$2.08 | $0.19 | $0.83 | $1.46 | $0.72 | −$13.33 | −$0.16 | $0.75 | $5.15 | $23.03 | $44.83 |
| Weighted average shares, basic | 144 | 144 | 145 | 145 | 145 | 144 | 145 | 145 | 147 | 147 | 148 | 147 |
| Weighted average shares, diluted | 144 | 144 | 145 | 145 | 145 | 144 | 145 | 145 | 149 | 156 | 157 | 155 |
| EBITDA | −489 | −141 | 119 | 260 | 323 | 213 | −1,848 | 59 | 200 | 1,000 | 4,163 | 7,727 |
| Depreciation & amortization | 57 | 57 | 56 | 54 | 54 | 36 | 37 | 36 | 36 | 38 | 38 | −112 |
| EBIT | −546 | −198 | 63 | 206 | 269 | 177 | −1,885 | 23 | 164 | 962 | 4,125 | 7,839 |
