Form 8-K · Current Report · Filed 2025-05-07
Sandisk Reports Q3 2025 Financial Results with $1.93B GAAP Loss
Sandisk Corporation reported a GAAP loss of $1.93 billion for the fiscal third quarter of 2025, driven by a $1.83 billion goodwill impairment charge, leading to a loss per share of $13.33.
- Filer
- SNDK SNDK
- Filed
- Accession
- 0002023554-25-000021
- CIK
- 0002023554
- Signal
- High impact
- Source
- Official filing on sec.gov ↗
Details
Non-GAAP results showed a narrower loss of $0.30 per share. Revenue was $1.695 billion, a 10% sequential decrease, but above guidance. The company expects fourth quarter revenue between $1.75 billion and $1.85 billion, with Non-GAAP EPS between $(0.10) and $0.15. Management highlighted actions to reduce supply and commence price increases, emphasizing investment, supply management, and pricing strategies for maximizing returns.
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
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Precedent
Previous filings from SNDK reporting the same item, with the next session's move:
Exhibits (1)
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