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Sandisk Corporation(SNDK)Earnings, Financials & Key Ratios
SNDK•NASDAQ
$1409.98
$208.11B mkt cap·Price updated May 6, 2026
SectorTechnologyIndustryTech Hardware & EquipmentSub-IndustryElectronics Manufacturing and Circuit Boards
AboutSanDisk Corp. engages in the development, manufacture, and provision of storage devices and solutions on NAND flash technology. Its products include solid state drives. embedded products, removable cards, universal series bus, and wafers and components. The company was founded on June 1, 1988 and is headquartered in Milipitas, CA.Show more
- Revenue$7.36B+10.4%
- EBITDA-$1.21B-397.5%
- Net Income-$1.64B-144.2%
- EPS (Diluted)-11.32-142.4%
- Gross Margin30.07%+86.9%
- EBITDA Margin-16.51%-350.7%
- Operating Margin-18.72%-166.5%
- Net Margin-22.31%-121.2%
- ROE-16.17%-170.9%
- ROIC-9.6%-226.9%
- Debt/Equity0.22+149.3%
- Interest Coverage-22.48-94.2%
SNDK Key Insights
Sandisk Corporation (SNDK) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 99 (top 1%)
- ✓Trading near 52-week high
✗Weaknesses
- ✗Negative free cash flow
- ✗Expensive at 22.2x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SNDK Price & Volume
Sandisk Corporation (SNDK) stock price & volume — 10-year historical chart
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SNDK Growth Metrics
Sandisk Corporation (SNDK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-8.98%
TTM88.97%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM218.66%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM210.01%
Return on Capital
10 Years-2.86%
5 Years-2.86%
3 Years-10.81%
Last Year-12%
SNDK Recent Earnings
Sandisk Corporation (SNDK) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (83%)●Beat Revenue 4/12 qtrs (67%)
Q2 2026Latest
Apr 30, 2026EPS
$23.41
Est $14.62
+60.1%
Revenue
$6.0B
Est $4.7B
+26.1%
Q1 2026
Jan 29, 2026EPS
$6.20
Est $3.62
+71.3%
Revenue
$3.0B
Est $2.7B
+12.6%
Q4 2025
Nov 6, 2025EPS
$1.22
Est $0.88
+38.2%
Revenue
$2.3B
Est $2.2B
+7.2%
Q3 2025
Aug 14, 2025EPS
$0.29
Est $0.05
+522.2%
Revenue
$1.9B
Est $1.8B
+4.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $23.41vs $14.62+60.1% | $6.0Bvs $4.7B+26.1% |
| Q1 2026 | Jan 29, 2026 | $6.20vs $3.62+71.3% | $3.0Bvs $2.7B+12.6% |
| Q4 2025 | Nov 6, 2025 | $1.22vs $0.88+38.2% | $2.3Bvs $2.2B+7.2% |
| Q3 2025 | Aug 14, 2025 | $0.29vs $0.05+522.2% | $1.9Bvs $1.8B+4.2% |
Based on last 12 quarters of dataView full earnings history →
SNDK Peer Comparison
Sandisk Corporation (SNDK) competitors in Electronics Manufacturing and Circuit Boards — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MU | 752.15B | 666.80 | 87.85 | 48.85% | 41.49% | 40.84% | 0.28 | |
 WDC | 163.81B | 483.15 | 94.37 | 50.7% | 55.07% | 91.94% | 0.96 | |
 STX | 171.5B | 786.42 | 116.16 | 38.86% | 21.6% | 9.16% | ||
 IOSP | 1.92B | 77.67 | 16.63 | -3.65% | 6.56% | 8.23% | 0.06 | |
 SIMO | 2.06B | 244.95 | 16.78 | 10.21% | 13.85% | 15.21% | ||
 MRVL | 149.08B | 172.15 | 56.07 | 42.09% | 32.58% | 19.38% | 0.31 | |
 AMBA | 3.25B | 75.48 | -26.58 | 25.78% | -21.31% | -13.5% | 0.01 | |
 IDCC | 7.16B | 278.00 | 23.56 | -3.97% | 44.2% | 33.37% | 0.46 |
Compare SNDK vs Peers
Sandisk Corporation (SNDK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SNDK Income Statement
Sandisk Corporation (SNDK) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jul'22 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 9.75B | 9.75B | 6.09B | 6.66B | 7.36B | 13.59B |
| Revenue Growth % | 0% | - | -37.61% | 9.48% | 10.39% | 88.97% |
| Cost of Goods Sold | 6.51B | 6.51B | 5.66B | 5.59B | 5.14B | 5.8B |
| COGS % of Revenue | 66.74% | 66.74% | 92.93% | 83.91% | 69.93% | - |
| Gross Profit | 3.24B▲ 0% | 3.24B▲ 0.0% | 430M▼ 86.7% | 1.07B▲ 149.3% | 2.21B▲ 106.3% | 7.58B▲ 0% |
| Gross Margin % | 33.26% | 33.26% | 7.07% | 16.09% | 30.07% | 55.75% |
| Gross Profit Growth % | 0% | - | -86.74% | 149.3% | 106.34% | - |
| Operating Expenses | 2.04B | 2.04B | 2.46B | 1.54B | 3.59B | 2.01B |
| OpEx % of Revenue | 20.96% | 20.96% | 40.5% | 23.11% | 48.8% | - |
| Selling, General & Admin | 666M | 666M | 558M | 455M | 573M | 641M |
| SG&A % of Revenue | 6.83% | 6.83% | 9.17% | 6.83% | 7.79% | - |
| Research & Development | 1.36B | 1.36B | 1.17B | 1.06B | 1.13B | 1.26B |
| R&D % of Revenue | 13.96% | 13.96% | 19.18% | 15.92% | 15.39% | - |
| Other Operating Expenses | 16M | 16M | 740M | 24M | 1.88B | 3M |
| Operating Income | 1.2B▲ 0% | 1.2B▲ 0.0% | -2.04B▼ 269.6% | -468M▲ 77.0% | -1.38B▼ 194.2% | 5.55B▲ 0% |
| Operating Margin % | 12.3% | 12.3% | -33.44% | -7.02% | -18.72% | 40.87% |
| Operating Income Growth % | 0% | - | -269.58% | 77% | -194.23% | - |
| EBITDA | 1.73B | 1.73B | -1.59B | -244M | -1.21B | 5.66B |
| EBITDA Margin % | 17.69% | 17.69% | -26.08% | -3.66% | -16.51% | 41.67% |
| EBITDA Growth % | 0% | - | -192% | 84.63% | -397.54% | 425.33% |
| D&A (Non-Cash Add-back) | 525M | 525M | 448M | 224M | 163M | 110M |
| EBIT | 1.22B | 1.22B | -1.97B | -463M | -1.42B | 5.37B |
| Net Interest Income | -9M | -9M | -10M | -28M | -41M | -67M |
| Interest Income | 0 | 0 | 21M | 12M | 22M | 51M |
| Interest Expense | 9M | 9M | 31M | 40M | 63M | 124M |
| Other Income/Expense | 34M | 34M | 33M | -35M | -102M | -230M |
| Pretax Income | 1.23B▲ 0% | 1.23B▲ 0.0% | -2B▼ 262.2% | -503M▲ 74.9% | -1.48B▼ 194.0% | 5.15B▲ 0% |
| Pretax Margin % | 12.65% | 12.65% | -32.9% | -7.55% | -20.11% | 37.89% |
| Income Tax | 170M | 170M | 141M | 169M | 162M | 643M |
| Effective Tax Rate % | 13.78% | 13.78% | -7.04% | -33.6% | -10.95% | 12.49% |
| Net Income | 1.06B▲ 0% | 1.06B▲ 0.0% | -2.14B▼ 301.4% | -672M▲ 68.6% | -1.64B▼ 144.2% | 4.64B▲ 0% |
| Net Margin % | 10.91% | 10.91% | -35.21% | -10.09% | -22.31% | 34.16% |
| Net Income Growth % | 0% | - | -301.41% | 68.64% | -144.2% | 218.66% |
| Net Income (Continuing) | 1.06B | 1.06B | -2.14B | -672M | -1.64B | 4.51B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 7.39▲ 0% | 7.39▲ 0.0% | -14.88▼ 301.4% | -4.67▲ 68.6% | -11.32▼ 142.4% | 29.57▲ 0% |
| EPS Growth % | 0% | - | -301.35% | 68.62% | -142.4% | 210.01% |
| EPS (Basic) | 7.39 | 7.39 | -14.88 | -4.67 | -11.32 | - |
| Diluted Shares Outstanding | 144M | 144M | 144M | 144M | 145M | 157M |
| Basic Shares Outstanding | 144M | 144M | 144M | 144M | 145M | 148M |
| Dividend Payout Ratio | - | - | - | - | - | - |
SNDK Balance Sheet
Sandisk Corporation (SNDK) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jul'22 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 4.49B | 4.49B | 3.4B | 3.55B | 5.09B | 9.17B |
| Cash & Short-Term Investments | 335M | 335M | 292M | 328M | 1.48B | 3.73B |
| Cash Only | 335M | 335M | 292M | 328M | 1.48B | 3.73B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.29B | 1.29B | 539M | 935M | 1.13B | 2.86B |
| Days Sales Outstanding | 48.24 | 48.24 | 32.33 | 51.22 | 56.28 | 43.93 |
| Inventory | 1.99B | 1.99B | 2.27B | 1.96B | 2.08B | 2.24B |
| Days Inventory Outstanding | 111.69 | 111.69 | 146.43 | 127.63 | 147.55 | 129 |
| Other Current Assets | 873M | 873M | 300M | 330M | 392M | 335M |
| Total Non-Current Assets | 11.27B | 11.27B | 10.42B | 9.96B | 7.9B | 7.91B |
| Property, Plant & Equipment | 1.04B | 1.04B | 1.03B | 970M | 619M | 649M |
| Fixed Asset Turnover | 9.39x | 9.39x | 5.93x | 6.87x | 11.88x | 21.50x |
| Goodwill | 7.89B | 7.89B | 7.21B | 7.21B | 5B | 4.99B |
| Intangible Assets | 133M | 133M | 0 | 0 | 0 | 0 |
| Long-Term Investments | 615M | 615M | 617M | 510M | 734M | 2.86B |
| Other Non-Current Assets | 1.6B | 1.6B | 1.56B | 1.27B | 1.49B | 5.78B |
| Total Assets | 15.76B▲ 0% | 15.76B▲ 0.0% | 13.82B▼ 12.3% | 13.51B▼ 2.3% | 12.98B▼ 3.9% | 17.07B▲ 0% |
| Asset Turnover | 0.62x | 0.62x | 0.44x | 0.49x | 0.57x | 0.97x |
| Asset Growth % | 0% | - | -12.32% | -2.27% | -3.86% | 11% |
| Total Current Liabilities | 2.51B | 2.51B | 2.17B | 2.12B | 1.43B | 1.92B |
| Accounts Payable | 788M | 788M | 626M | 357M | 366M | 416M |
| Days Payables Outstanding | 44.18 | 44.18 | 40.4 | 23.31 | 25.98 | 25.44 |
| Short-Term Debt | 950M | 950M | 919M | 814M | 20M | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 55M | 55M | 71M | 0 | 0 | 1.5B |
| Current Ratio | 1.79x | 1.79x | 1.56x | 1.67x | 3.56x | 3.56x |
| Quick Ratio | 0.99x | 0.99x | 0.52x | 0.75x | 2.11x | 2.11x |
| Cash Conversion Cycle | 115.74 | 115.74 | 138.35 | 155.54 | 177.85 | 147.49 |
| Total Non-Current Liabilities | 271M | 271M | 207M | 301M | 2.34B | 1.38B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 1.83B | 0 |
| Capital Lease Obligations | 0 | 0 | 88M | 171M | 193M | 567M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 15M | 17M | 84M |
| Other Non-Current Liabilities | 271M | 271M | 119M | 115M | 303M | 2.31B |
| Total Liabilities | 2.78B | 2.78B | 2.38B | 2.42B | 3.77B | 3.3B |
| Total Debt | 950M | 950M | 1.02B | 985M | 2.04B | 0 |
| Net Debt | 615M | 615M | 728M | 657M | 561M | -3.73B |
| Debt / Equity | 0.07x | 0.07x | 0.09x | 0.09x | 0.22x | 0.22x |
| Debt / EBITDA | 0.55x | 0.55x | - | - | - | 0.00x |
| Net Debt / EBITDA | 0.36x | 0.36x | - | - | - | -0.66x |
| Interest Coverage | 135.11x | 135.11x | -63.58x | -11.58x | -22.48x | 43.33x |
| Total Equity | 12.98B▲ 0% | 12.98B▲ 0.0% | 11.44B▼ 11.9% | 11.08B▼ 3.1% | 9.22B▼ 16.8% | 13.78B▲ 0% |
| Equity Growth % | 0% | - | -11.85% | -3.12% | -16.84% | -3.99% |
| Book Value per Share | 90.12 | 90.12 | 79.44 | 76.96 | 63.56 | 87.75 |
| Total Shareholders' Equity | 12.98B | 12.98B | 11.44B | 11.08B | 9.22B | 13.78B |
| Common Stock | 13.38B | 13.38B | 11.78B | 11.53B | 1M | 1M |
| Retained Earnings | 0 | 0 | 0 | 0 | -1.78B | 2.75B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -407M | -407M | -343M | -452M | -249M | -259M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
SNDK Cash Flow Statement
Sandisk Corporation (SNDK) cash flow — operating, investing & free cash flow history
| Line item | Jul'22 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | 1.15B | 1.15B | -713M | -309M | 84M | 84M |
| Operating CF Margin % | 11.8% | 11.8% | -11.72% | -4.64% | 1.14% | - |
| Operating CF Growth % | 0% | - | -161.95% | 56.66% | 127.18% | 13202.07% |
| Net Income | 1.06B | 1.06B | -2.14B | -672M | -1.64B | 4.64B |
| Depreciation & Amortization | 525M | 525M | 448M | 224M | 163M | 148M |
| Stock-Based Compensation | 171M | 171M | 165M | 149M | 182M | 214M |
| Deferred Taxes | 0 | 0 | -81M | -16M | -12M | -61M |
| Other Non-Cash Items | -48M | -48M | 701M | 92M | 1.77B | -225M |
| Working Capital Changes | -561M | -561M | 197M | -86M | -380M | 56M |
| Change in Receivables | -165M | -165M | 750M | -395M | -100M | -1.75B |
| Change in Inventory | -56M | -56M | -277M | 314M | -160M | -78M |
| Change in Payables | 0 | 0 | -147M | 53M | 70M | 68M |
| Cash from Investing | -472M | -472M | -189M | 210M | 556M | -280M |
| Capital Expenditures | -410M | -410M | -219M | -166M | -204M | -179M |
| CapEx % of Revenue | 4.2% | 4.2% | 3.6% | 2.49% | 2.77% | - |
| Acquisitions | 0 | 0 | 16M | 0 | 402M | 36M |
| Investments | - | - | - | - | - | - |
| Other Investing | -62M | -62M | 14M | 376M | 358M | -137M |
| Cash from Financing | -650M | -650M | 860M | 136M | 518M | -2.13B |
| Debt Issued (Net) | 0 | 0 | 184M | -258M | 2.44B | -1.35B |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 5M | 5M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -650M | -650M | 676M | 394M | -1.93B | -782M |
| Net Change in Cash | 335M▲ 0% | 335M▲ 0.0% | -43M▼ 112.8% | 36M▲ 183.7% | 1.15B▲ 3102.8% | 2.23B▲ 0% |
| Free Cash Flow | 741M▲ 0% | 741M▲ 0.0% | -932M▼ 225.8% | -475M▲ 49.0% | -120M▲ 74.7% | 4.85B▲ 0% |
| FCF Margin % | 7.6% | 7.6% | -15.31% | -7.13% | -1.63% | 35.68% |
| FCF Growth % | 0% | - | -225.78% | 49.03% | 74.74% | 7720.97% |
| FCF per Share | 5.15 | 5.15 | -6.47 | -3.30 | -0.83 | -0.83 |
| FCF Conversion (FCF/Net Income) | 1.08x | 1.08x | 0.33x | 0.46x | -0.05x | 1.04x |
| Interest Paid | 2M | 2M | 7M | 12M | 139M | 99M |
| Taxes Paid | 0 | 0 | 0 | 0 | 50M | 132M |
SNDK Key Ratios
Sandisk Corporation (SNDK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.2% | -17.55% | -5.97% | -16.17% | 43.43% |
| Return on Invested Capital (ROIC) | 6.62% | -11.85% | -2.94% | -9.6% | -10.56% |
| Gross Margin | 33.26% | 7.07% | 16.09% | 30.07% | 55.75% |
| Net Margin | 10.91% | -35.21% | -10.09% | -22.31% | 34.16% |
| Debt / Equity | 0.07x | 0.09x | 0.09x | 0.22x | 0.22x |
| Interest Coverage | 135.11x | -63.58x | -11.58x | -22.48x | 43.33x |
| FCF Conversion | 1.08x | 0.33x | 0.46x | -0.05x | 1.04x |
| Revenue Growth | - | -37.61% | 9.48% | 10.39% | 88.97% |
SNDK SEC Filings & Documents
Sandisk Corporation (SNDK) SEC filings — annual & quarterly reports (10-K, 10-Q)
SNDK Frequently Asked Questions
Sandisk Corporation (SNDK) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Sandisk Corporation (SNDK) reported $13.59B in revenue for fiscal year 2025. This represents a 39% increase from $9.75B in 2021.
Sandisk Corporation (SNDK) grew revenue by 0.0% over the past year. Growth has been modest.
Yes, Sandisk Corporation (SNDK) is profitable, generating $4.64B in net income for fiscal year 2025 (-22.3% net margin).
Dividend & Returns
Sandisk Corporation (SNDK) has a return on equity (ROE) of -17.8%. Negative ROE indicates the company is unprofitable.
Sandisk Corporation (SNDK) generated $4.85B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More SNDK
Sandisk Corporation (SNDK) financial analysis — history, returns, DCA and operating performance tools
Full SNDK Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
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Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates