Sandisk Corporation (SNDK) Financial Statements
Sandisk financial statements at a glance
Sandisk reported revenue of $20.25 billion for fiscal year 2026 (ended June 30, 2026), up 175.3% from fiscal year 2025. Net income was $11.43 billion, a net margin of 56.5%.
At the end of fiscal year 2026 it had total assets of $22.51 billion, total liabilities of $6.77 billion and shareholders' equity of $15.74 billion, with cash and short-term investments of $4.76 billion and total debt of $177.00 million.
Its operations brought in $11.67 billion of cash; capital spending was $177.00 million, leaving free cash flow of $11.49 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 4 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended June 30, 2026.
Sandisk Corporation
Income Statement
Annual • USD
Sandisk key figures by fiscal year
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | $20.2B | $7.4B | $6.7B | $6.1B |
| Gross profit | $14.5B | $2.2B | $1.1B | $430.0M |
| Operating income | $12.5B | $507.0M | -$444.0M | -$1.3B |
| Net income | $11.4B | -$1.6B | -$672.0M | -$2.1B |
| Diluted EPS | – | -$11.32 | -$4.63 | -$14.78 |
| Total assets | $22.5B | $13.0B | $13.5B | – |
| Total liabilities | $6.8B | $3.8B | $2.4B | – |
| Shareholders' equity | $15.7B | $9.2B | $11.1B | – |
| Cash and short-term investments | $4.8B | $1.5B | $328.0M | – |
| Total debt | $177.0M | $2.0B | $985.0M | – |
| Operating cash flow | $11.7B | $84.0M | -$309.0M | -$713.0M |
| Capital spending | $177.0M | $204.0M | $166.0M | $219.0M |
| Free cash flow | $11.5B | -$120.0M | -$475.0M | -$932.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2023.
Questions and answers
What was Sandisk's revenue in fiscal year 2026?
$20.25 billion, up 175.3% from $7.36 billion in fiscal year 2025.
How much profit does Sandisk make?
Sandisk reported net income of $11.43 billion for fiscal year 2026 (56.5% of revenue); operating income was $12.47 billion.
How much cash and debt does Sandisk have?
At the end of fiscal year 2026: cash and short-term investments of $4.76 billion and total debt of $177.00 million.
What is Sandisk's free cash flow?
$11.49 billion in fiscal year 2026 (operating cash flow of $11.67 billion minus capital spending of $177.00 million).
