Sandisk Corp (SNDK) Financial Statements (2026 and earlier)

Company Profile

Business Address 951 SANDISK DRIVE
MILPITAS, CA 95035
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 3572 - Computer Storage Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
MRQ
6/30/2025
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,5391,481
Cash and cash equivalent1,5391,481
Receivables1,2841,134
Inventory, net of allowances, customer advances and progress billings1,9702,079
Inventory1,9702,079
Other current assets357392
Total current assets:5,1505,086
Noncurrent Assets
Operating lease, right-of-use asset203214
Nontrade receivables9880
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization631619
Intangible asset, including goodwill, after accumulated amortization4,9954,999
Goodwill4,9954,999
Deferred income tax assets6258
Other noncurrent assets1,3851,489
Other undisclosed noncurrent assets474440
Total noncurrent assets:7,8487,899
TOTAL ASSETS:12,99812,985
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities393425
Accrued liabilities393425
Deferred revenue  
Debt 2020
Other undisclosed current liabilities1,241982
Total current liabilities:1,6541,427
Noncurrent Liabilities
Long-term debt and lease obligation 5831,829
Long-term debt, excluding current maturities 5831,829
Liabilities, other than long-term debt548513
Accounts payable and accrued liabilities  
Deferred revenue  
Deferred income tax liabilities2217
Other liabilities526496
Total noncurrent liabilities:1,1312,342
Total liabilities:2,7853,769
Equity
Equity, attributable to parent10,2139,216
Common stock11
Additional paid in capital11,33611,248
Accumulated other comprehensive loss(255)(249)
Retained earnings (accumulated deficit)(869)(1,784)
Total equity:10,2139,216
TOTAL LIABILITIES AND EQUITY:12,99812,985

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
TTM
6/30/2025
Revenues8,9297,355
Cost of revenue
(Cost of Product and Service Sold)		(5,821)(5,143)
Gross profit:3,1082,212
Operating expenses(3,730)(3,589)
Operating income (loss):(622)(1,377)
Nonoperating expense(236)(102)
Investment income, nonoperating4522
Other nonoperating expense(159)(61)
Interest and debt expense(122)(63)
Income (loss) from continuing operations before equity method investments, income taxes:(980)(1,542)
Other undisclosed income from continuing operations before income taxes12263
Income (loss) from continuing operations before income taxes:(858)(1,479)
Income tax expense(183)(162)
Net income (loss) available to common stockholders, diluted:(1,041)(1,641)

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
TTM
6/30/2025
Net income (loss):(1,041)(1,641)
Other comprehensive income350213
Comprehensive income (loss):(691)(1,428)
Other undisclosed comprehensive loss, net of tax, attributable to parent(167) 
Comprehensive income (loss), net of tax, attributable to parent:(858)(1,428)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: