Sandisk Corporation (SNDK) FY2026 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-06-28 to 2026-04-03

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Sandisk Corporation cash flow reconciliation, Jun 28, 2025 through Apr 3, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $4,530,000,000.00Income taxes payable → Operating adjustments reconciliation: $640,000,000.00Contract liabilities → Operating adjustments reconciliation: $486,000,000.00Stock-based compensation → Operating adjustments reconciliation: $165,000,000.00Accrued compensation → Operating adjustments reconciliation: $156,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $112,000,000.00Other assets and liabilities, net → Operating adjustments reconciliation: $89,000,000.00Equity loss in investees, net of dividends received → Operating adjustments reconciliation: $58,000,000.00Loss on debt extinguishment → Operating adjustments reconciliation: $46,000,000.00Unrealized foreign exchange (gain) loss → Operating adjustments reconciliation: $39,000,000.00Accounts payable → Operating adjustments reconciliation: $36,000,000.00Accounts payable to related parties → Operating adjustments reconciliation: $35,000,000.00Other non-cash operating activities, net → Operating adjustments reconciliation: $20,000,000.00(Gain) loss on business divestiture → Operating adjustments reconciliation: $10,000,000.00Amortization of debt issuance costs and discounts → Operating adjustments reconciliation: $6,000,000.00Impairment of cost method investments → Operating adjustments reconciliation: $5,000,000.00(Gain) loss on disposal of assets → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $15,000,000.00Operating adjustments reconciliation → Accounts receivable, net: $1,658,000,000.00Operating adjustments reconciliation → Inventories: $159,000,000.00Operating adjustments reconciliation → Deferred income taxes: $42,000,000.00Operating adjustments reconciliation → Accrued expenses: $21,000,000.00Operating adjustments reconciliation → Gain on sale of investments: $9,000,000.00Notes receivable proceeds from Flash Ventures → investing reconciliation: $174,000,000.00Proceeds from dispositions of business → investing reconciliation: $25,000,000.00Strategic investments and other, net → investing reconciliation: $11,000,000.00investing reconciliation → Notes receivable issuances to Flash Ventures: $339,000,000.00investing reconciliation → Purchases of property, plant and equipment: $134,000,000.00Net cash used in financing activities → financing reconciliation: $2,025,000,000.00Issuance of stock under employee stock plans → financing reconciliation: $24,000,000.00financing reconciliation → Repayment of debt: $1,900,000,000.00financing reconciliation → Taxes paid on vested stock awards under employee stock plans: $149,000,000.00Net cash used in investing activities → investing reconciliation: $263,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,481,000,000.00Net cash from operating activities → Cash sources and uses: $4,545,000,000.00Cash sources and uses → Exchange-rate effect: $3,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $3,735,000,000.00Cash sources and uses → Net cash used in investing activities: $263,000,000.00Cash sources and uses → Net cash used in financing activities: $2,025,000,000.00Net income (loss): $4,530,000,000.00Net income (loss)+$4.53 BDepreciation and amortization: $112,000,000.00Depreciation & amortization+$112.00 MStock-based compensation: $165,000,000.00Stock-based compensation+$165.00 MGoodwill impairment: $0.00Deferred income taxes: -$42,000,000.00Deferred income taxes−$42.00 M(Gain) loss on disposal of assets: $1,000,000.00Other asset gain & loss+$1.00 MImpairment of cost method investments: $5,000,000.00Impairment of cost method investments+$5.00 MUnrealized foreign exchange (gain) loss: $39,000,000.00Unrealized FX gain & loss+$39.00 M(Gain) loss on business divestiture: $10,000,000.00Business sale gain & loss+$10.00 MLoss on debt extinguishment: $46,000,000.00Debt extinguishment gain & loss+$46.00 MAmortization of debt issuance costs and discounts: $6,000,000.00Debt cost amortization+$6.00 MEquity loss in investees, net of dividends received: $58,000,000.00Equity-method results+$58.00 MGain on sale of investments: -$9,000,000.00Investment sale gain & loss−$9.00 MOther non-cash operating activities, net: $20,000,000.00Other operating, net+$20.00 MSettlement of accrued interest on Notes due to Western Digital Corporation: $0.00Accounts receivable, net: -$1,658,000,000.00Accounts receivable−$1.66 BInventories: -$159,000,000.00Inventories−$159.00 MAccounts payable: $36,000,000.00Trade payables+$36.00 MAccounts payable to related parties: $35,000,000.00Related party payables+$35.00 MContract liabilities: $486,000,000.00Deferred revenue+$486.00 MAccrued expenses: -$21,000,000.00Accrued liabilities−$21.00 MIncome taxes payable: $640,000,000.00Income taxes payable+$640.00 MAccrued compensation: $156,000,000.00Accrued compensation+$156.00 MOther assets and liabilities, net: $89,000,000.00Other working capital, net+$89.00 MNet cash from operating activities: $4,545,000,000.00Operating cash+$4.55 BOperating adjustments reconciliation: $1,904,000,000.00Issuance of stock under employee stock plans: $24,000,000.00Equity issued+$24.00 MTaxes paid on vested stock awards under employee stock plans: -$149,000,000.00Stock-award tax withholding−$149.00 MProceeds from debt: $0.00Repayment of debt: -$1,900,000,000.00Debt repaid−$1.90 BDebt issuance costs: $0.00Proceeds from borrowings on Notes due to Western Digital Corporation: $0.00Proceeds from principal repayments on Notes due from Western Digital Corporation: $0.00Repayments of principal on Notes due to Western Digital Corporation: $0.00Transfers to Western Digital Corporation: $0.00Net cash used in financing activities: -$2,025,000,000.00. Cash required to fund net payments.Financing cash−$2.03 Bfinancing reconciliation: $2,049,000,000.00Purchases of property, plant and equipment: -$134,000,000.00PP&E purchases−$134.00 MProceeds from dispositions of business: $25,000,000.00Business sales+$25.00 MNotes receivable issuances to Flash Ventures: -$339,000,000.00Notes receivable issued−$339.00 MNotes receivable proceeds from Flash Ventures: $174,000,000.00Notes receivable collected+$174.00 MDistributions from Flash Ventures: $0.00Strategic investments and other, net: $11,000,000.00Other investments sold+$11.00 MNet cash used in investing activities: -$263,000,000.00. Cash required to fund net payments.Investing cash−$263.00 Minvesting reconciliation: $473,000,000.00Cash sources and uses: $6,026,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,481,000,000.00Beginning cash$1.48 BEnding cash: Cash, cash equivalents, and restricted cash: $3,735,000,000.00Ending cash$3.74 BExchange-rate effect: -$3,000,000.00FX effect−$3.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$4.41 BOperating cash − cash spent on PP&ECash flow / Net income1.00×Operating cash flow ÷ net incomeNet cash change+$2.25 BEnding cash − beginning cash
Chart details

Sandisk Corporation cash flow reconciliation, Jun 28, 2025 through Apr 3, 2026

Cash flows for Jun 28, 2025 through Apr 3, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 27, 2025. Ending cash: Apr 3, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 27, 2025
1,481,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
4,545,000,000 US dollars. Net cash provided.
Net income (loss)
4,530,000,000 US dollars
Depreciation and amortization
112,000,000 US dollars
Stock-based compensation
165,000,000 US dollars
Goodwill impairment
0 US dollars
Deferred income taxes
negative 42,000,000 US dollars
(Gain) loss on disposal of assets
1,000,000 US dollars
Impairment of cost method investments
5,000,000 US dollars
Unrealized foreign exchange (gain) loss
39,000,000 US dollars
(Gain) loss on business divestiture
10,000,000 US dollars
Loss on debt extinguishment
46,000,000 US dollars
Amortization of debt issuance costs and discounts
6,000,000 US dollars
Equity loss in investees, net of dividends received
58,000,000 US dollars
Gain on sale of investments
negative 9,000,000 US dollars
Other non-cash operating activities, net
20,000,000 US dollars
Settlement of accrued interest on Notes due to Western Digital Corporation
0 US dollars
Accounts receivable, net
negative 1,658,000,000 US dollars
Inventories
negative 159,000,000 US dollars
Accounts payable
36,000,000 US dollars
Accounts payable to related parties
35,000,000 US dollars
Contract liabilities
486,000,000 US dollars
Accrued expenses
negative 21,000,000 US dollars
Income taxes payable
640,000,000 US dollars
Accrued compensation
156,000,000 US dollars
Other assets and liabilities, net
89,000,000 US dollars
Investing activities
negative 263,000,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 134,000,000 US dollars
Proceeds from dispositions of business
25,000,000 US dollars
Notes receivable issuances to Flash Ventures
negative 339,000,000 US dollars
Notes receivable proceeds from Flash Ventures
174,000,000 US dollars
Distributions from Flash Ventures
0 US dollars
Strategic investments and other, net
11,000,000 US dollars
Financing activities
negative 2,025,000,000 US dollars. Net cash used.
Issuance of stock under employee stock plans
24,000,000 US dollars
Taxes paid on vested stock awards under employee stock plans
negative 149,000,000 US dollars
Proceeds from debt
0 US dollars
Repayment of debt
negative 1,900,000,000 US dollars
Debt issuance costs
0 US dollars
Proceeds from borrowings on Notes due to Western Digital Corporation
0 US dollars
Proceeds from principal repayments on Notes due from Western Digital Corporation
0 US dollars
Repayments of principal on Notes due to Western Digital Corporation
0 US dollars
Transfers to Western Digital Corporation
0 US dollars
Operating adjustment reconciliation
1,904,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,049,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
473,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 3,000,000 US dollars
Ending cash on Apr 3, 2026
3,735,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
6,026,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
2,254,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.00×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
4,545,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
134,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
4,411,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $15.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 4,545,000,000 US dollars minus 134,000,000 US dollars equals 4,411,000,000 US dollars.
Sandisk Corporation (SNDK) FY2026 YTD Q3 Statement of Cash Flows Sankey chart
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