Direct Answer
Sandisk reports revenue across 3 product and service lines in its fiscal 2025 Form 10-K. Client Devices is the largest, with $4.1 billion of revenue (56% of the total), followed by Consumer at $2.3 billion (31%). 20% of revenue came from the United States.
How Does Sandisk Make Money?
No single line supplies a majority of revenue: the largest, Client Devices, is 56%, which spreads Sandisk's exposure across several demand drivers. Between fiscal 2024 and 2025, Cloud grew fastest (+195.4%) and Consumer slowest (-0.0%), so the revenue mix tilts toward Cloud while that gap lasts.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Client Devices | $4.1 billion | $4.1 billion | 56.1% | 1.4% |
| Consumer | $2.3 billion | $2.3 billion | 30.8% | -0.0% |
| Cloud | $960 million | $325 million | 13.1% | 195.4% |
Where Does Sandisk's Revenue Come From?
Regions follow the definitions in the filing; most companies assign revenue by customer location.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| China | $2.0 billion | $2.5 billion | 27.7% | -20.0% |
| United States | $1.4 billion | $933 million | 19.7% | 55.1% |
| Hong Kong | $1.3 billion | $1.0 billion | 17.7% | 24.6% |
| EMEA | $1.3 billion | $1.1 billion | 17.4% | 21.0% |
| Rest of Asia | $1.1 billion | $917 million | 15.2% | 21.7% |
| Other Geographical | $171 million | $162 million | 2.3% | 5.6% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Sandisk's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Sandisk reported in the segment note and revenue disclosures of its Form 10-K filed August 21, 2025 (accession 0002023554-25-000034), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Sandisk's main products and services?
In its fiscal 2025 Form 10-K, Sandisk reports revenue for Client Devices, Consumer and Cloud.
Which part of Sandisk brings in the most revenue?
Client Devices, with $4.1 billion of revenue in fiscal 2025, or 56% of the total.
How much of Sandisk's revenue comes from outside the United States?
80% in fiscal 2025, by the geographic breakdown Sandisk reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.