SNDK Q1 2026 Earnings — Income Statement Breakdown

For its Q1 2026 period (ending 2025-10-03), SNDK reported revenue of $2.3B, gross profit of $687M (29.8% gross margin), operating income of $176M, and net income of $112M (4.9% net margin). The flow of revenue into costs and profit is visualized below.

What changed

SNDK was profitable; revenue grew 21.4% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+21.4%+387.0%+3.6 pp

Consensus estimate data is not available for this report.

SNDK Q1 2026 Income Statement

SNDK Q1 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$2.3B100%
Cost of Revenue−$1.6B70.2%
Gross Profit$687M29.8%
Research & Development0.0%
Selling, General & Administrative0.0%
Other Operating Expenses−$511M22.1%
Operating Income$176M7.6%
Interest Expense−$40M1.7%
Other Income, net−$12M0.5%
Income Tax Expense−$12M0.5%
Net Income$112M4.9%

Source: original SEC filing (filed 2025-11-06). Accession 0001628280-25-050180. Data normalized by EarningsFyi.