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TTM

40.9%

YoY change

+0.00pp

Trough year (2023)

-33.4%

Peak year (2022)

12.3%

Operating Margin history chart for Sandisk (SNDK) from 2022 to 2025

Latest: -18.7%

Operating Margin change chart for Sandisk (SNDK) from 2022 to 2025

Latest: −11.70pp

Operating Margin history table for Sandisk (SNDK) from 2022 to 2025

  • 2025-18.7%-11.70pp
  • 2025-18.7%-11.70pp
  • 2024-7.0%+26.41pp
  • 2023-33.4%-45.74pp
  • 202112.3%
  • 202212.3%0.00pp

Operating Margin values are taken from Sandisk's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Sandisk (SNDK)

According to Sandisk's latest reported financial statements, the company's latest reported operating margin is 40.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Sandisk (SNDK) operating margin totalled -18.72% – expanded 0.0 percentage points year-over-year.

The record annual operating margin stands at 12.30%, reached in 2022; the historical low of -33.44% was recorded in 2023.

Sandisk Operating Margin by Year

Sandisk Operating Margin 2025: -18.7%

Sandisk operating margin in 2025 was -18.72%, expanded 0.0 percentage points from 2025.

Sandisk Operating Margin 2025: -18.7%

Sandisk operating margin in 2025 was -18.72%, contracted 11.7 percentage points from 2024.

Sandisk Operating Margin 2024: -7.0%

2024's operating margin for Sandisk came in at -7.02%, expanded 26.4 percentage points from 2023.

Sandisk Operating Margin 2023: -33.4%

Sandisk posted operating margin of -33.44% in 2023, contracted 45.7 percentage points from 2021. This figure represents the lowest annual value in the available history.

Sandisk Operating Margin 2021: 12.3%

Sandisk operating margin in 2021 was 12.30%.

See more financial history for Sandisk (SNDK).

Sector peers by Operating Margin

Technology peers of Sandisk (SNDK), ranked by their latest operating margin

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