Sandisk Corp (SNDK)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -1,479,000 | -503,000 | -2,002,000 | 1,234,000 | 397,611 |
| Revenue | US$ in thousands | 7,355,000 | 6,663,000 | 6,086,000 | 9,754,000 | 5,564,870 |
| Pretax margin | -20.11% | -7.55% | -32.90% | 12.65% | 7.15% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $-1,479,000K ÷ $7,355,000K
= -20.11%
The pretax margin of Sandisk Corp exhibits notable fluctuations over the specified periods. As of December 31, 2015, the pretax margin was 7.15%, indicating a modestly profitable pre-tax position at that time. By June 30, 2022, the pretax margin increased significantly to 12.65%, suggesting improved profitability and operational efficiency.
However, a decline is observed in subsequent years, with the pretax margin turning negative at -32.90% by June 30, 2023. This shift indicates that the company incurred substantial pre-tax losses during that period, potentially due to increased expenses, operational challenges, or market conditions adversely impacting profitability. Although the margin improved somewhat to -7.55% by June 30, 2024, it remained negative, implying ongoing struggles to achieve pre-tax profitability. The outlook appears to show further deterioration, with the pretax margin projected to decline to -20.11% by June 30, 2025, suggesting continued or intensified pre-tax losses or expense pressures.
Overall, the trend reflects a transition from modest profitability in 2015 and 2022 to significant pre-tax losses in subsequent years, highlighting challenges faced by the company in maintaining or improving its pre-tax margin.
Peer comparison
Jun 30, 2025