Sandisk Corp (SNDK) closed fiscal year 2025 with a gross margin of 30.1 % and a net margin of -22.3 %.
Sandisk Corp (SNDK) closed fiscal year 2025 with a gross margin of 30.1 % and a net margin of -22.3 %. The same year shows an EBITDA margin of -16.5 % and an EBIT margin of -18.7 %. The free cash flow margin was -1.6 %. Against the previous year the gross margin moved +14.0 pp and the net margin −12.2 pp. Across the period the gross margin ranges between 7.1 % in 2023 and 30.1 % in 2025. The series covers 3 fiscal years, from 2023 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: June
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Gross margin (%) | 7.07 % | 16.09 % | 30.07 % |
| EBITDA margin (%) | -26.08 % | -3.66 % | -16.51 % |
| EBIT margin (%) | -33.44 % | -7.02 % | -18.72 % |
| Net margin (%) | -35.21 % | -10.09 % | -22.31 % |
| FCF margin (%) | -15.31 % | -7.13 % | -1.63 % |
