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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q4 FY262026-07-03 | Q3 FY262026-04-03 | Q2 FY262026-01-02 | Q1 FY262025-10-03 | Q4 FY252025-06-27 | Q3 FY252025-03-28 |
|---|---|---|---|---|---|---|
| Revenue | $8.97B | $5.95B | $3.03B | $2.31B | $1.90B | $1.70B |
| Cost of revenue | $1.38B | $1.29B | $1.48B | $1.62B | $1.40B | $1.31B |
| Gross profit | $7.58B | $4.66B | $1.54B | $687.00M | $498.00M | $382.00M |
| Gross margin | 84.6% | 78.4% | 50.9% | 29.8% | 26.2% | 22.5% |
| Research and development | $348.00M | $337.00M | $327.00M | $316.00M | $285.00M | $285.00M |
| Selling, general and administrative | $197.00M | $161.00M | $139.00M | $179.00M | $162.00M | $139.00M |
| Operating expenses | $545.00M | $505.00M | $476.00M | $501.00M | $480.00M | $2.26B |
| Operating income | $7.04B | $4.16B | $1.07B | $186.00M | $18.00M | −$1.88B |
| Operating margin | 78.5% | 69.9% | 35.2% | 8.1% | 0.9% | -111.0% |
| EBITDA | $7.07B | $4.20B | $1.10B | $219.00M | $70.00M | −$14.00M |
| Interest income | $30.00M | $12.00M | $12.00M | $16.00M | $11.00M | $6.00M |
| Interest expense | −$2.00M | −$6.00M | −$25.00M | −$40.00M | −$41.00M | −$16.00M |
| Income before taxes | $7.85B | $4.11B | $937.00M | $124.00M | −$18.00M | −$1.90B |
| Income taxes | $946.00M | $492.00M | $134.00M | $12.00M | $5.00M | $32.00M |
| Net income | $6.90B | $3.62B | $803.00M | $112.00M | −$23.00M | −$1.93B |
| Net margin | 77.0% | 60.8% | 26.5% | 4.9% | -1.2% | -114.0% |
| EPS, basic | $46.96 | $24.43 | $5.46 | $0.77 | −$0.16 | −$13.33 |
| EPS, diluted | $43.69 | $23.03 | $5.15 | $0.75 | −$0.16 | −$13.33 |
| Diluted shares | 158.00M | 157.00M | 156.00M | 149.00M | 145.00M | 145.00M |
Figures describe Sandisk Corporation shares, not any token. As of Aug 17, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.