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Sandisk Corp

SNDK
Computer Storage Devices
Last filing · Annual · Jul 3, 2026
Statement
Order
Format
% Change
Rows
USD ($)
$ in Millions, shares in Millions
Apr 3, 2026Jan 2, 2026Oct 3, 2025Mar 28, 2025Dec 27, 2024
Revenue, net
5,950
3,025
2,308
1,695
1,876
Cost of revenue
1,288
1,484
1,621
1,313
1,270
Gross profit
4,662
1,541
687
382
606
Operating expenses:
     
Research and development
337
327
316
285
279
Selling, general and administrative
161
139
179
139
142
Goodwill impairment
0
-
-
1,830
-
Loss on debt extinguishment
(46)
-
-
-
-
Business separation costs
7
9
9
9
21
Employee termination and other
0
1
(3)
0
3
(Gain) loss on business divestiture
0
0
(10)
0
34
Total operating expenses
551
476
511
2,263
411
Operating income (loss)
4,111
1,065
176
(1,881)
195
Interest and other income (expense):
     
Interest income
12
12
16
6
2
Interest expense
(6)
(25)
(40)
(16)
(4)
Other income (expense), net
(10)
(115)
(28)
(10)
(20)
Total interest and other income (expense), net
(4)
(128)
(52)
(20)
(22)
Income (loss) before taxes
4,107
937
124
(1,901)
173
Income tax expense
492
134
12
32
69
Net income (loss)
3,615
803
112
(1,933)
104
Net income (loss) per common share:
     
Basic (in dollars per share)
24.43
5.46
0.77
(13.33)
-
Diluted (in dollars per share)
23.03
5.15
0.75
(13.33)
-
Weighted average shares outstanding:
     
Basic (in shares)
148
147
146
145
-
Diluted (in shares)
157
156
149
145
-