Sandisk Corp (SNDK)

Net profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Dec 31, 2015
Net income US$ in thousands -1,641,000 -672,000 -2,143,000 1,064,000 388,478
Revenue US$ in thousands 7,355,000 6,663,000 6,086,000 9,754,000 5,564,870
Net profit margin -22.31% -10.09% -35.21% 10.91% 6.98%

June 30, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $-1,641,000K ÷ $7,355,000K
= -22.31%

The net profit margin of Sandisk Corp has exhibited significant fluctuations over the period from December 31, 2015, through June 30, 2025. As of December 31, 2015, the margin was 6.98%, indicating modest profitability relative to revenues. By June 30, 2022, the net profit margin had increased substantially to 10.91%, suggesting improved profitability and operational efficiency during this period.

However, the financial outlook shifted markedly by June 30, 2023, where the net profit margin turned negative at -35.21%, reflecting a substantial loss relative to revenues. This negative margin persisted and deepened further by June 30, 2024, reaching -10.09%, indicating ongoing challenges in maintaining profitability, although the loss narrowed slightly compared to the previous year. The trend continued into June 30, 2025, with a net profit margin of -22.31%, signaling persistent financial difficulties and potential issues in controlling costs or generating sufficient revenue.

Overall, the data indicates that Sandisk Corp experienced a period of profitability growth leading up to 2022 followed by a pronounced and sustained decline into losses from 2023 onward. This pattern highlights a transition from a profitable to a loss-making phase within the analyzed timeframe, potentially attributable to industry pressures, increased expenses, or other operational challenges.


Peer comparison

Jun 30, 2025