SanDisk Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | $20.25B | $7.36B | $6.66B | $6.09B |
| Cloud | — | $960.0M | $325.0M | — |
| Client | — | $4.13B | $4.07B | — |
| Consumer | — | $2.27B | $2.27B | — |
| Cost of Revenue | $5.78B | $5.14B | $5.59B | $5.66B |
| Gross Profit | $14.47B | $2.21B | $1.07B | $430.0M |
| Gross Margin | 71.5% | 30.1% | 16.1% | 7.1% |
| Operating Expenses | ||||
| Research & Development | $1.33B | $1.13B | $1.06B | $1.17B |
| SG&A Expense | $676.0M | $573.0M | $455.0M | $558.0M |
| Operating Income | $12.39B | $-1.38B | $-468.0M | $-2.04B |
| Operating Margin | 61.2% | -18.7% | -7.0% | -33.4% |
| Interest Expense | — | — | — | — |
| Pretax Income | $13.02B | $-1.48B | $-503.0M | $-2.00B |
| Income Tax Expense | $1.58B | $162.0M | $169.0M | $141.0M |
| Net Income | $11.43B | $-1.64B | $-672.0M | $-2.14B |
| Net Margin | 56.5% | -22.3% | -10.1% | -35.2% |
| EPS (Basic) | $77.78 | $-11.32 | $-4.63 | $-14.78 |
| EPS (Diluted) | $73.76 | $-11.32 | $-4.63 | $-14.78 |
| Shares Outstanding (Basic) | 147.0M | 145.0M | 145.0M | 145.0M |
| Shares Outstanding (Diluted) | 155.0M | 145.0M | 145.0M | 145.0M |
| Dividends Per Share | — | — | — | — |