Sandisk Corporation (SNDK) FY2025 Q3 P&L / Income Statement

Sandisk Corporation (SNDK) FY2025 Q3 P&L / Income Statement

Income statement for 2024-12-28 through 2025-03-28. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue, net

1,695,000,000 US dollars

Cost of revenue

1,313,000,000 US dollars

Gross profit

382,000,000 US dollars

Total operating expenses

2,263,000,000 US dollars

Operating income (loss)

negative 1,881,000,000 US dollars

Total interest and other expense, net

negative 20,000,000 US dollars

Income (loss) before taxes

negative 1,901,000,000 US dollars

Income tax expense

32,000,000 US dollars

Net income (loss)

negative 1,933,000,000 US dollars

Cloud

197,000,000 US dollars

Client

927,000,000 US dollars

Consumer

571,000,000 US dollars

Gain on business divestiture

0 US dollars

Selling, general and administrative

139,000,000 US dollars

Goodwill impairment

1,830,000,000 US dollars

Employee termination and other

0 US dollars

Research and development

285,000,000 US dollars

Business separation costs

9,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.