Short answer
Sandisk (SNDK) filed its Q1 2025 10-Q quarterly report on May 12, 2025 for the quarter ended Mar 28, 2025. Quarterly revenue was $1.7B with net income of −$1.9B.
Q1 2025 key financials · XBRL
- Revenue
- $1.7B
- −54.9% QoQ
- Net income
- −$1.9B
- −713.7% QoQ
- Operating margin
- -111.0%
- Gross margin
- 22.5%
- EPS (diluted)
- −$11.16
Source: XBRL data from the Sandisk (SNDK) Q1 2025 10-Q on SEC EDGAR. USD.
Sandisk Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New goodwill impairment risk trigger: $1.8B impairment charge recognized due to market cap below net book value as of March 28, 2025
- Updated macroeconomic risk: increased exposure to US trade policy with potential tariff increases affecting product cost and demand in US market
- Regulatory compliance risk heightened by evolving foreign regulations, including Foreign Corrupt Practices Act and UK Bribery Act, impacting global operations
- Near-term operational risk from reliance on international manufacturing and supply chains amid geopolitical tensions and trade restrictions
- Financial risk from potential additional impairment charges linked to fluctuations in fair value estimates of reporting unit following separation
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Sandisk quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.