In fiscal 2026, which ended Jul 3, 2026, Sandisk Corporation reported revenue of $20.2 billion, up 175.3% from the year before. Net income was $11.4 billion, a profit margin of 56.5%. Operating income came to $12.4 billion, an operating margin of 61.2%. Diluted earnings per share were $73.76. Over the twelve months ended Oct 2, 2026, revenue was $29.0 billion and net income was $19.4 billion.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2027
Oct 2, 2026
|
FY 2026
Jul 3, 2026
|
FY 2025
Jun 27, 2025
|
|---|---|---|---|
| Revenue |
28,971
|
20,248
+175.3%
|
7,355
|
| Cost of revenue |
5,808
|
5,776
+12.3%
|
5,143
|
| Gross profit |
23,163
|
14,472
+554.2%
|
2,212
|
| Research and development |
1,396
|
1,328
+17.3%
|
1,132
|
| Selling, general and administrative |
711
|
676
+18.0%
|
573
|
| Restructuring and impairment |
1
|
-2
-109.5%
|
21
|
| Operating income |
20,993
|
12,389
+999.7%
|
-1,377
|
| Other income (expense) |
1,219
|
628
+715.7%
|
-102
|
| Pretax income |
22,212
|
13,017
+980.1%
|
-1,479
|
| Income tax |
2,790
|
1,584
+877.8%
|
162
|
| Net income |
19,422
|
11,433
+796.7%
|
-1,641
|
| Basic EPS |
132.11
|
77.78
+787.1%
|
-11.32
|
| Diluted EPS |
124.22
|
73.76
+751.6%
|
-11.32
|
| Weighted average shares, basic |
147
|
147
+1.4%
|
145
|
| Weighted average shares, diluted |
156
|
155
+6.9%
|
145
|
| Other measures | |||
| Depreciation and amortization |
156
|
149
-8.6%
|
163
|
| EBITDA |
21,149
|
12,538
+1132.8%
|
-1,214
|
| Interest coverage |
599.80x
|
169.71x
|
-21.86x
|
| Margins | |||
| Gross margin |
79.95%
|
71.47%
|
30.07%
|
| Operating margin |
72.46%
|
61.19%
|
-18.72%
|
| Pretax margin |
76.67%
|
64.29%
|
-20.11%
|
| Profit margin |
67.04%
|
56.46%
|
-22.31%
|
| EBITDA margin |
73.00%
|
61.92%
|
-16.51%
|
| Effective tax rate |
12.56%
|
12.17%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
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
Other Computer Storage Devices companies
- Seagate Technology Holdings plc STX
- Western Digital Corp WDC
- Everpure, Inc. P
- NetApp, Inc. NTAP
- Quantum Corp /DE/ QMCO
Source: SEC EDGAR filings. This is company-reported data, not investment advice.