Sandisk Corporation (SNDK) balance sheet
NASDAQ · Technology · Computer Hardware · 11,100 employees · CEO David V. Goeckeler
- Price
- $1,150.89 -13.47%
- Market cap
- $166B
- Enterprise value
- $161B
- Last report
- Q1 '27 filed 2026-10-30
- Next report
- 2027-02-04 EPS est. $55.95
At the end of Q1 '27 Sandisk Corporation (SNDK) held $5.14B in cash and short-term investments against $201M of debt incl. leases. Total assets $25.8B, total liabilities $7.66B, shareholders' equity $18.1B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & equivalents | $292M | $328M | $322M | $804M | $1.51B | $1.48B | $1.44B | $1.54B | $3.74B | $4.76B | $5.14B | |
| Receivables | $539M | $1.04B | $1.04B | $912M | $1.03B | $1.13B | $1.27B | $1.28B | $2.86B | $4.73B | $6.66B | |
| Inventory | $2.27B | $1.96B | $2.07B | $2.17B | $2.16B | $2.08B | $1.91B | $1.97B | $2.24B | $2.7B | $3.02B | |
| Other current assets | $300M | $221M | $960M | $568M | $391M | $392M | $370M | $357M | $335M | $590M | $537M | |
| Current assets | $3.4B | $3.55B | $4.39B | $4.46B | $5.09B | $5.09B | $4.98B | $5.15B | $9.17B | $12.8B | $15.4B | |
| Property, plant & equipment (net) | $1.03B | $791M | $728M | $579M | $603M | $619M | $630M | $631M | $649M | $674M | $705M | |
| Long-term investments | $617M | $510M | $563M | $510M | $662M | $734M | $663M | $775M | $684M | $1.78B | $2.29B | |
| Goodwill | $7.21B | $7.21B | $6.93B | $6.83B | $5B | $5B | $5B | $5B | $4.99B | $4.99B | $5B | |
| Deferred tax assets | $0 | $96M | $0 | $96M | $51M | $58M | $57M | $62M | $87M | $66M | $69M | |
| Other non-current assets | $1.57B | $1.35B | $1.28B | $1.77B | $1.56B | $1.49B | $1.42B | $1.39B | $1.49B | $2.22B | $2.38B | |
| Non-current assets | $10.4B | $9.96B | $9.5B | $9.78B | $7.87B | $7.9B | $7.77B | $7.85B | $7.91B | $9.73B | $10.4B | |
| Total assets | $13.8B | $13.5B | $13.9B | $14.2B | $13B | $13B | $12.7B | $13B | $17.1B | $22.5B | $25.8B | |
| Liabilities | ||||||||||||
| Accounts payable | $626M | $357M | $649M | $320M | $363M | $366M | $398M | $436M | $851M | $516M | $1.29B | |
| Accrued expenses | $545M | $619M | $376M | $626M | $560M | $598M | $590M | $666M | $329M | $970M | $0 | |
| Short-term debt | $919M | $814M | $296M | $553M | $20M | $20M | $20M | $20M | $25M | $0 | $23M | |
| Taxes payable | $0 | $20M | $0 | $5M | $37M | $43M | $0 | $99M | $31M | $1.29B | $1.52B | |
| Deferred revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $323M | $0 | $0 | |
| Other current liabilities | $71M | $0 | $142M | $0 | $0 | $0 | $0 | $0 | $358M | $2.35B | $3.13B | |
| Current liabilities | $2.17B | $2.12B | $1.47B | $1.87B | $1.38B | $1.43B | $1.52B | $1.65B | $1.92B | $5.58B | $5.95B | |
| Long-term debt | $0 | $0 | $0 | $0 | $1.93B | $1.83B | $1.33B | $583M | $0 | $393M | $0 | |
| Lease obligations (non-current) | $88M | $171M | $170M | $179M | $196M | $193M | $188M | $186M | $182M | $0 | $178M | |
| Deferred revenue (non-current) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $188M | $0 | $752M | |
| Deferred tax liabilities | $0 | $15M | $0 | $53M | $17M | $17M | $28M | $22M | $17M | $161M | $144M | |
| Other non-current liabilities | $119M | $115M | $122M | $128M | $284M | $303M | $305M | $340M | $994M | $636M | $634M | |
| Non-current liabilities | $207M | $301M | $292M | $360M | $2.42B | $2.34B | $1.85B | $1.13B | $1.38B | $1.19B | $1.71B | |
| Total liabilities | $2.38B | $2.42B | $1.76B | $2.23B | $3.8B | $3.77B | $3.37B | $2.79B | $3.3B | $6.77B | $7.66B | |
| Equity | ||||||||||||
| Common stock & paid-in capital | $11.8B | $11.5B | $12.4B | $12.4B | $1M | $1M | $1M | $1M | $1M | $1M | $2M | |
| Retained earnings | $0 | $0 | $0 | $0 | -$1.76B | -$1.78B | -$1.67B | -$869M | $2.75B | $9.65B | $17.8B | |
| Accumulated other comprehensive income | -$343M | -$452M | -$243M | -$434M | -$306M | -$249M | -$234M | -$255M | -$259M | -$256M | -$248M | |
| Shareholders' equity | $11.4B | $11.1B | $12.1B | $12B | $9.16B | $9.22B | $9.38B | $10.2B | $13.8B | $15.7B | $18.1B | |
| Debt | ||||||||||||
| Total debt (incl. leases) | $1.02B | $985M | $475M | $732M | $2.14B | $2.04B | $1.54B | $789M | $207M | $393M | $201M | |
| Net debt (debt - cash) | $728M | $657M | $153M | -$72M | $636M | $561M | $97M | -$750M | -$3.53B | -$4.37B | -$4.94B | |
| Balance sheet | Trend | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & equivalents | $335M | $335M | $292M | $328M | $1.48B | $4.76B | |
| Receivables | $1.29B | $1.29B | $539M | $935M | $1.13B | $4.73B | |
| Inventory | $1.99B | $1.99B | $2.27B | $1.96B | $2.08B | $2.7B | |
| Other current assets | $873M | $873M | $300M | $330M | $392M | $590M | |
| Current assets | $4.49B | $4.49B | $3.4B | $3.55B | $5.09B | $12.8B | |
| Property, plant & equipment (net) | $1.04B | $1.04B | $1.03B | $970M | $619M | $674M | |
| Long-term investments | $615M | $615M | $617M | $510M | $734M | $1.78B | |
| Goodwill | $7.89B | $7.89B | $7.21B | $7.21B | $5B | $4.99B | |
| Intangible assets | $133M | $133M | $0 | $0 | $0 | $0 | |
| Deferred tax assets | $0 | $0 | $0 | $0 | $58M | $66M | |
| Other non-current assets | $1.6B | $1.6B | $1.57B | $1.27B | $1.49B | $2.22B | |
| Non-current assets | $11.3B | $11.3B | $10.4B | $9.96B | $7.9B | $9.73B | |
| Total assets | $15.8B | $15.8B | $13.8B | $13.5B | $13B | $22.5B | |
| Liabilities | |||||||
| Accounts payable | $788M | $788M | $626M | $357M | $366M | $516M | |
| Accrued expenses | $720M | $720M | $545M | $619M | $598M | $970M | |
| Short-term debt | $950M | $950M | $919M | $814M | $20M | $0 | |
| Taxes payable | $0 | $0 | $0 | $0 | $43M | $1.29B | |
| Other current liabilities | $55M | $55M | $71M | $0 | $0 | $2.35B | |
| Current liabilities | $2.51B | $2.51B | $2.17B | $2.12B | $1.43B | $5.58B | |
| Long-term debt | $0 | $0 | $0 | $0 | $1.83B | $393M | |
| Lease obligations (non-current) | $0 | $0 | $88M | $171M | $193M | $0 | |
| Deferred tax liabilities | $0 | $0 | $0 | $15M | $17M | $161M | |
| Other non-current liabilities | $271M | $271M | $119M | $115M | $303M | $636M | |
| Non-current liabilities | $271M | $271M | $207M | $301M | $2.34B | $1.19B | |
| Total liabilities | $2.78B | $2.78B | $2.38B | $2.42B | $3.77B | $6.77B | |
| Equity | |||||||
| Common stock & paid-in capital | $13.4B | $13.4B | $11.8B | $11.5B | $1M | $1M | |
| Retained earnings | $0 | $0 | $0 | $0 | -$1.78B | $9.65B | |
| Accumulated other comprehensive income | -$407M | -$407M | -$343M | -$452M | -$249M | -$256M | |
| Shareholders' equity | $13B | $13B | $11.4B | $11.1B | $9.22B | $15.7B | |
| Debt | |||||||
| Total debt (incl. leases) | $950M | $950M | $1.02B | $985M | $2.04B | $393M | |
| Net debt (debt - cash) | $615M | $615M | $728M | $657M | $561M | -$4.37B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-10-02, 10-K 2026-07-03, 10-Q 2026-04-03, 10-Q 2026-01-02, 10-Q 2025-10-03, 10-K 2025-06-27, 10-Q 2025-03-28, 10-Q 2024-12-27
Data as of 2026-11-01