Sandisk income statement

In fiscal 2026, Sandisk reported revenue of $20.25bn, up 175.3% on the year before, operating income of $12.39bn (a 61.2% margin) and net income of $11.43bn, or $73.76 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Sandisk: income statement, annual
Fiscal year	2023Jun 2023	2024Jun 2024	2025Jun 2025	2026Jul 2026	LTMOct 2026
Revenue	6.1	6.7	7.4	20.2	29.0
Cost of revenue	5.7	5.6	5.1	5.8	5.8
Gross profit	0.4	1.1	2.2	14.5	23.2
Research and development	1.2	1.1	1.1	1.3	1.4
Selling, general and administrative	0.6	0.5	0.6	0.7	0.7
Operating income	−2.0	−0.5	−1.4	12.4	21.0
Interest expense	0.0	0.0	0.1	0.1	0.0
Income before tax	−2.0	−0.5	−1.5	13.0	22.2
Income tax	0.1	0.2	0.2	1.6	2.8
Net income	−2.1	−0.7	−1.6	11.4	19.4
Diluted EPS	−$14.78	−$4.63	−$11.32	$73.76	$124.30
Diluted shares (average)	145m	145m	145m	155m	156m
EBITDA	−1.6	−0.2	−1.2	12.5	21.1

US$ billions unless shown otherwise. Fiscal quarters.

Sandisk: income statement, quarterly
Quarter	2025 Q2Dec 2024	2025 Q3Mar 2025	2025 Q4Jun 2025	2026 Q1Oct 2025	2026 Q2Jan 2026	2026 Q3Apr 2026	2026 Q4Jul 2026	2027 Q1Oct 2026
Revenue	1.9	1.7	1.9	2.3	3.0	6.0	9.0	11.0
Cost of revenue	1.3	1.3	1.4	1.6	1.5	1.3	1.4	1.7
Gross profit	0.6	0.4	0.5	0.7	1.5	4.7	7.6	9.4
Research and development	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.4
Selling, general and administrative	0.1	0.1	0.2	0.2	0.1	0.2	0.2	0.2
Operating income	0.2	−1.9	0.0	0.2	1.1	4.1	7.0	8.8
Interest expense	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Income before tax	0.2	−1.9	−1.5	0.1	0.9	4.1	7.8	9.3
Income tax	0.1	0.0	0.2	0.0	0.1	0.5	0.9	1.2
Net income	0.1	−1.9	−0.0	0.1	0.8	3.6	6.9	8.1
Diluted EPS	$0.72	−$13.33	−$0.16	$0.75	$5.15	$23.03	$44.34	$52.60
EBITDA	0.2	−1.8	0.1	0.2	1.1	4.1	7.1	8.8

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Sandisk's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Sandisk.