Sandisk (SNDK) Revenue — Quarter Ended Mar 28, 2025
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The sequential decrease was more pronounced than the year-over-year decline.
Key takeaway
Quarter ended Mar 28, 2025 · FY2025 Q3
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The sequential decrease was more pronounced than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
-9.6%
Change from the immediately preceding quarter.
Year-over-year
-0.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 28, 2024 | $1.8B | n/a |
| Sep 27, 2024 | $1.9B | n/a |
| Dec 27, 2024 | $1.9B | +12.7% |
| Mar 28, 2025 | $1.7B | -0.6% |
Revenue performance
Reported revenue moved lower, reflecting a contraction from the preceding quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Versus the same quarter one year earlier, revenue also declined, though the year-over-year drop was smaller than the sequential change.
What to watch
The company noted scaling back capital expenditures and consolidating production lines to align with market demand.