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Side-by-side financial comparison of Brightstar Lottery PLC (BRSL) and Sandisk Corp (SNDK). Click either name above to swap in a different company.
Sandisk Corp is the larger business by last-quarter revenue ($3.0B vs $2.5B, roughly 1.2× Brightstar Lottery PLC). Sandisk Corp runs the higher net margin — 26.5% vs 5.9%, a 20.7% gap on every dollar of revenue. Sandisk Corp produced more free cash flow last quarter ($980.0M vs $-415.0M).
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.
BRSL vs SNDK — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.5B | $3.0B |
| Net Profit | $147.0M | $803.0M |
| Gross Margin | — | 50.9% |
| Operating Margin | 11.9% | 35.2% |
| Net Margin | 5.9% | 26.5% |
| Revenue YoY | — | 78.5% |
| Net Profit YoY | — | 141.5% |
| EPS (diluted) | $0.74 | $5.15 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.5B | $2.3B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q1 24 | — | $1.7B | ||
| Q4 23 | $2.5B | — |
| Q1 26 | — | $803.0M | ||
| Q4 25 | $147.0M | $112.0M | ||
| Q2 25 | — | $-23.0M | ||
| Q1 25 | — | $-1.9B | ||
| Q4 24 | — | $104.0M | ||
| Q3 24 | — | $211.0M | ||
| Q1 24 | — | $27.0M | ||
| Q4 23 | $156.0M | — |
| Q1 26 | — | 50.9% | ||
| Q4 25 | — | 29.8% | ||
| Q2 25 | — | 26.2% | ||
| Q1 25 | — | 22.5% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | — | 38.6% | ||
| Q1 24 | — | 27.2% | ||
| Q4 23 | — | — |
| Q1 26 | — | 35.2% | ||
| Q4 25 | 11.9% | 7.6% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | -111.0% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | — | 15.5% | ||
| Q1 24 | — | 3.8% | ||
| Q4 23 | 29.7% | — |
| Q1 26 | — | 26.5% | ||
| Q4 25 | 5.9% | 4.9% | ||
| Q2 25 | — | -1.2% | ||
| Q1 25 | — | -114.0% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 11.2% | ||
| Q1 24 | — | 1.6% | ||
| Q4 23 | 6.2% | — |
| Q1 26 | — | $5.15 | ||
| Q4 25 | $0.74 | $0.75 | ||
| Q2 25 | — | $-0.17 | ||
| Q1 25 | — | $-13.33 | ||
| Q4 24 | — | $0.72 | ||
| Q3 24 | — | $1.46 | ||
| Q1 24 | — | $0.19 | ||
| Q4 23 | $0.77 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $1.5B |
| Total DebtLower is stronger | $4.1B | $603.0M |
| Stockholders' EquityBook value | $875.0M | $10.2B |
| Total Assets | $9.2B | $13.0B |
| Debt / EquityLower = less leverage | 4.64× | 0.06× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $804.0M | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | $508.0M | — |
| Q1 26 | — | $603.0M | ||
| Q4 25 | $4.1B | $1.4B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | $5.7B | — |
| Q1 26 | — | $10.2B | ||
| Q4 25 | $875.0M | $9.4B | ||
| Q2 25 | — | $9.2B | ||
| Q1 25 | — | $9.2B | ||
| Q4 24 | — | $12.0B | ||
| Q3 24 | — | $12.1B | ||
| Q1 24 | — | $10.9B | ||
| Q4 23 | $1.4B | — |
| Q1 26 | — | $13.0B | ||
| Q4 25 | $9.2B | $12.7B | ||
| Q2 25 | — | $13.0B | ||
| Q1 25 | — | $13.0B | ||
| Q4 24 | — | $14.2B | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | $10.5B | — |
| Q1 26 | — | 0.06× | ||
| Q4 25 | 4.64× | 0.14× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | 3.92× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-99.0M | $1.0B |
| Free Cash FlowOCF − Capex | $-415.0M | $980.0M |
| FCF MarginFCF / Revenue | -16.5% | 32.4% |
| Capex IntensityCapex / Revenue | 12.6% | 1.3% |
| Cash ConversionOCF / Net Profit | -0.67× | 1.27× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.0B | ||
| Q4 25 | $-99.0M | $488.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | — | $95.0M | ||
| Q3 24 | — | $-131.0M | ||
| Q1 24 | — | — | ||
| Q4 23 | $1.0B | — |
| Q1 26 | — | $980.0M | ||
| Q4 25 | $-415.0M | $438.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-18.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | — | $-198.0M | ||
| Q1 24 | — | — | ||
| Q4 23 | $865.0M | — |
| Q1 26 | — | 32.4% | ||
| Q4 25 | -16.5% | 19.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -1.1% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | -10.5% | ||
| Q1 24 | — | — | ||
| Q4 23 | 34.2% | — |
| Q1 26 | — | 1.3% | ||
| Q4 25 | 12.6% | 2.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 3.6% | ||
| Q1 24 | — | — | ||
| Q4 23 | 5.8% | — |
| Q1 26 | — | 1.27× | ||
| Q4 25 | -0.67× | 4.36× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.91× | ||
| Q3 24 | — | -0.62× | ||
| Q1 24 | — | — | ||
| Q4 23 | 6.49× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BRSL
Segment breakdown not available.
SNDK
| Edge | $1.7B | 55% |
| Consumer | $907.0M | 30% |
| Datacenter | $440.0M | 15% |
