Sandisk Corporation balance sheet SNDK

Annual Quarterly

As of Oct 2, 2026, Sandisk Corporation had total assets of $25.8 billion and total liabilities of $7.7 billion. Total assets were up 102.3% from a year earlier. Stockholders' equity was $18.1 billion. It held $5.1 billion in cash and investments against $201.0 million of total debt, net cash of $4.9 billion. The current ratio, current assets divided by current liabilities, was 2.58.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Line	Q1 FY2027 Oct 2, 2026	Q4 FY2026 Jul 3, 2026	Q3 FY2026 Apr 3, 2026	Q2 FY2026 Jan 2, 2026	Q1 FY2026 Oct 3, 2025	Q4 FY2025 Jun 27, 2025	Q3 FY2025 Mar 28, 2025	Q2 FY2025 Dec 27, 2024
Assets
Cash	5,136 +256.2%	4,762 +221.5%	3,735 +147.8%	1,539 +91.4%	1,442	1,481	1,507	804
Cash and investments	5,136 +256.2%	4,762 +221.5%	3,735 +147.8%	1,539 +91.4%	1,442	1,481	1,507	804
Receivables	6,585 +452.0%	4,708 +340.8%	2,726 +178.4%	1,239 +37.1%	1,193	1,068	979	904
Inventory	3,016 +58.2%	2,698 +29.8%	2,238 +3.6%	1,970 -9.3%	1,907	2,079	2,160	2,172
Total current assets	15,352 +208.0%	12,780 +151.3%	9,168 +80.1%	5,150 +15.6%	4,984	5,086	5,090	4,456
Property and equipment, net	705 +11.9%	674 +8.9%	649 +7.6%	631 +9.0%	630	619	603	579
Goodwill	4,995 -0.1%	4,994 -0.1%	4,994 -0.1%	4,995 -26.8%	4,998	4,999	4,997	6,825
Total assets	25,793 +102.3%	22,507 +73.3%	17,075 +31.8%	12,998 -8.7%	12,749	12,985	12,960	14,234
Liabilities and equity
Total current liabilities	5,951 +292.5%	5,581 +291.1%	1,917 +39.4%	1,654 -11.7%	1,516	1,427	1,375	1,873
Total liabilities	7,659 +127.4%	6,771 +79.6%	3,298 -13.2%	2,785 +24.7%	3,368	3,769	3,799	2,233
Stockholders' equity	18,134 +93.3%	15,736 +70.7%	13,777 +50.4%	10,213 -14.9%	9,381	9,216	9,161	12,001
Debt
Debt due within a year	—	—	—	20	20	20	20	—
Long-term debt	—	0 -100.0%	0 -100.0%	583	1,331	1,829	1,927	—
Lease liabilities	201 -5.2%	201 -8.2%	207 -5.9%	210 +7.1%	212	219	220	196
Total debt	201 -87.1%	201 -90.3%	207 -90.4%	813 +314.8%	1,563	2,068	2,167	196
Net cash	4,935 +4178.5%	4,561 +877.0%	3,528 +634.5%	726 +19.4%	-121	-587	-660	608
Ratios
Current ratio	2.58x	2.29x	4.78x	3.11x	3.29x	3.56x	3.70x	2.38x
Debt to equity	0.01x	0.01x	0.02x	0.08x	0.17x	0.22x	0.24x	0.02x
Debt to EBITDA	0.01x	0.02x	0.04x	—	—	—	—	—
Return on equity	107.10%	72.66%	32.71%	-10.19%	—	-17.81%	—	—
Return on assets	75.30%	50.80%	26.40%	-8.01%	—	-12.64%	—	—
Book value per share	125.93	107.78	93.09	69.01	63.82	63.12	63.18	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Computer Storage Devices (SIC 3572)
Listed as: SNDK (Nasdaq)
Fiscal year ends: June 28
Incorporated in: DE
Headquarters: Milpitas, CA
SEC filer status: Large accelerated filer
SEC CIK: 2023554

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.