The Tip Desk

Sandisk Corp

Financial highlights

MetricFY 07/03/26FY 06/27/25FY 06/28/24FY 06/30/23FY 07/01/22
Income Statement
Revenue$20.2B$7.4B$6.7B$6.1B
Cost of revenue$5.8B$5.1B$5.6B$5.7B
Gross profit$14.5B$2.2B$1.1B$430.0M
Selling, general & administrative$676.0M$573.0M$455.0M$558.0M
Research and development$1.3B$1.1B$1.1B$1.2B
Operating expenses$2.1B$3.6B$1.5B$2.5B
Operating income$12.4B-$1.4B-$468.0M-$2.0B
Interest expense$73.0M$63.0M$40.0M$31.0M
Pretax income$13.0B-$1.5B-$503.0M-$2.0B
Income tax expense$1.6B$162.0M$169.0M$141.0M
Net income$11.4B-$1.6B-$672.0M-$2.1B
Balance Sheet
Cash and equivalents$4.8B$1.5B$328.0M
Current assets$12.8B$5.1B$3.5B
Total assets$22.5B$13.0B$13.5B
Current liabilities$5.6B$1.4B$2.1B
Total liabilities$6.8B$3.8B$2.4B
Total debt$0$1.9B$0
Stockholders' equity$15.7B$9.2B$11.1B$11.4B$13.0B
Cash Flow Statement
Cash from operations$11.7B$84.0M-$309.0M-$713.0M
Depreciation and amortization$149.0M$163.0M$224.0M$315.0M
Stock-based compensation$232.0M$182.0M$149.0M$165.0M
Capital expenditure$177.0M$204.0M$166.0M$219.0M
Free cash flow$11.5B-$120.0M-$475.0M-$932.0M
Share repurchases$4.5B$0$0
Impairments$0$1.8B$0$671.0M

Shares outstanding 148.1M · Free float 94.4%

Annual filing data through FY ended July 3, 2026; float as of July 16, 2026.

Earnings

Other Coverage