Sandisk Corp (SNDK)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,212,000 | 1,072,000 | 430,000 | 3,244,000 | 2,257,070 |
| Revenue | US$ in thousands | 7,355,000 | 6,663,000 | 6,086,000 | 9,754,000 | 5,564,870 |
| Gross profit margin | 30.07% | 16.09% | 7.07% | 33.26% | 40.56% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,212,000K ÷ $7,355,000K
= 30.07%
The gross profit margin of Sandisk Corp has exhibited notable fluctuations over the observed period. As of December 31, 2015, the gross profit margin stood at 40.56%, indicating a healthy proportion of revenue remaining after deducting the cost of goods sold. By June 30, 2022, this margin declined significantly to 33.26%, suggesting increased cost pressures or pricing strategies affecting profitability. The decline intensified sharply by June 30, 2023, with the gross profit margin dropping to a notably low level of 7.07%, which may indicate substantial increases in production costs, changes in product mix, or intensified competitive pressures reducing pricing power. However, from this low point, the margin shows signs of recovery, rising to 16.09% on June 30, 2024, and further improving to 30.07% by June 30, 2025. This upward trend may reflect efforts to control costs, optimize product offerings, or favorable shifts in sales composition. Overall, the gross profit margin illustrates a period of significant volatility, with initial strength followed by substantial decline and subsequent gradual recovery, highlighting evolving underlying profitability dynamics within the company's operations.
Peer comparison
Jun 30, 2025