Sandisk CorpSNDKEarnings & Financial Report
Sandisk Corporation is an American multinational computer technology company based in Milpitas, California, that designs and manufactures flash memory products, including memory cards, USB flash drives, and solid-state drives. It was founded in 1988 as SunDisk by Eli Harari, Sanjay Mehrotra, and Jack Yuan. The name is a portmanteau of the founder’s name Sanjay and disk.
Revenue
$1.9B
Gross Profit
$606.0M
Operating Profit
$195.0M
Net Profit
$104.0M
Gross Margin
32.3%
Operating Margin
10.4%
Net Margin
5.5%
YoY Growth
N/A
EPS
$0.72
Sandisk Corp Q2 FY2025 Financial Summary
Sandisk Corp reported revenue of $1.9B for Q2 FY2025, with a net profit of $104.0M (5.5% margin). Cost of goods sold was $1.3B, operating expenses totaled $411.0M.
Key Financial Metrics
| Total Revenue | $1.9B |
|---|---|
| Net Profit | $104.0M |
| Gross Margin | 32.3% |
| Operating Margin | 10.4% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Sandisk Corp Q2 FY2025 revenue of $1.9B breaks down across 3 segments, led by Client Devices at $1.0B (54.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Client Devices | $1.0B | 54.8% |
| Consumer | $598.0M | 31.9% |
| Cloud | $250.0M | 13.3% |
Sandisk Corp Revenue by Segment — Quarterly Trend
Sandisk Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Client Devices and Consumer) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Client Devices | — | — | $1.1B | $927.0M |
| Consumer | $907.0M | $652.0M | $501.0M | $571.0M |
| Cloud | — | — | $263.0M | $197.0M |
Sandisk Corp Annual Revenue by Year
Sandisk Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.4B |
Sandisk Corp Quarterly Revenue & Net Profit History
Sandisk Corp results over the last 7 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $3.0B | +78.5% | $803.0M | 26.5% |
| Q1 FY2026 | $2.3B | +23.0% | $112.0M | 4.9% |
| Q4 FY2025 | $1.9B | +1.3% | $-23.0M | -1.2% |
| Q3 FY2025 | $1.7B | -10.0% | $-1.9B | -114.0% |
| Q2 FY2025 | $1.9B | — | $104.0M | 5.5% |
| Q1 FY2025 | $1.9B | — | $211.0M | 11.2% |
| Q3 FY2024 | $1.7B | — | $27.0M | 1.6% |
Income Statement
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.88B | $1.88B | $1.70B | $1.90B | $2.31B | $3.02B |
| YoY Growth | N/A | N/A | N/A | -10.0% | 1.3% | 23.0% | 78.5% |
Balance Sheet
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | $14.23B | $12.96B | $12.98B | $12.75B | $13.00B |
| Liabilities | N/A | N/A | $2.23B | $3.80B | $3.77B | $3.37B | $2.79B |
| Equity | $10.94B | $12.13B | $12.00B | $9.16B | $9.22B | $9.38B | $10.21B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|
| Operating CF | $-131.0M | $95.0M | $26.0M | $488.0M | $1.02B |