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Stocks / United States / SNDK · Computer Storage Devices · Nasdaq

Sandisk Corp. (SNDK)

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Sandisk Corp. (SNDK) reported revenue of $9.0 billion for Q4 FY2026, the quarter ended 3 July 2026, up 371.6% on the same quarter a year earlier. Net income was $6.9 billion, and diluted earnings per share $44.83. The figures are the company's own, from the 10-K it filed with the SEC on 17 August 2026.

Revenue$9.0 billionup 371.6%
Net income$6.9 billion
Diluted EPS$44.83
QuarterQ4 FY2026ended 3 July 2026

Ratios

From the filings

ROE72.7%
ROCE78.7%
Operating margin61.2%
Net margin56.5%
FCF margin56.8%
Interest cover169.71
Debt to equity0.00
Cash conversion1.02
Share count, 1 year0.0%
Sales CAGR, 3 years49.3%
Profit CAGR, 3 yearsn/a
EPS, TTM$73.76

At the close of 21 September 2026

Price$1,766.64
Market cap$257.9 billion
Stock P/E23.95
Price to book16.39
EV / EBITDA20.19
Dividend yieldn/a
Market cap / sales12.74
52-week high$2,335.00
52-week low$94.29
Price, 1 year1,628.4%
Price CAGR, 3 yearsn/a
Price CAGR, 5 yearsn/a

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Sandisk Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 24 February 2025 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on SNDK

Filings20 in twelve months: 10 current reports (8-K), about 4 results of operations; 4 other events; 2 officer or director change; 2 material agreement; 1 shareholder vote
Planned insider sales24 Form 144 notices in twelve months, $151.7 million; latest 17 September 2026
Options tapeput/call 1.18 by open interest on 23 September 2026; the straddle prices a 5.9% move to 25 September 2026
Holders12 of the followed funds hold it; largest Citadel Advisors; 8 Schedule 13D or 13G filings in twelve months
Insider trading75 sales and 0 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest6.0 million shares short, 1.00 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 10 quarters

Q2 FY2024Q3 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *
Revenue1,6651,7051,8831,8761,6951,9012,3083,0255,9508,965
Cost of revenue1,5041,2421,1571,2701,3131,4031,6211,4841,2881,383
Gross profit1614637266063824986871,5414,6627,582
Gross margin10%27%39%32%23%26%30%51%78%85%
R&D246277283279285285316327337348
SG&A113107130142139162179139161197
Operating income-24565.0291195-1,88118.01761,0654,1117,037
Operating margin-15%4%15%10%-111%1%8%35%69%78%
Interest expense11.09.02.04.016.041.040.025.06.02.0
Pre-tax income-26054.0267173-1,901-18.01249374,1077,849
Tax raten/a50%21%40%n/an/a10%14%12%12%
Net income-30127.0211104-1,933-23.01128033,6156,903
Net margin-18%2%11%6%-114%-1%5%27%61%77%
Diluted EPSn/a$0.19$1.46$0.72-$13.33-$0.17$0.75$5.15$23.03$44.83
Operating cash flown/a-12.0-13195.026.094.04881,0193,0387,126
Capital expendituren/a29.067.048.044.045.050.039.045.043.0
Free cash flown/a-41.0-19847.0-18.049.04389802,9937,083
Shares outstanding115m145m147m115m145m146m147m148m148m146m
Filing10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 4 fiscal years and the trailing twelve months

FY2023FY2024FY2025FY2026TTM
Revenue6,0866,6637,35520,24820,248
Cost of revenue5,6565,5915,1435,7765,776
Gross profit4301,0722,21214,47214,472
Gross margin7.1%16.1%30.1%71.5%71.5%
Research and development1,1671,0611,1321,3281,328
Selling, general and administrative558455573676676
Operating income-2,035-468-1,37712,38912,389
Operating margin-33.4%-7.0%-18.7%61.2%61.2%
Interest expense31.040.063.073.073.0
Pre-tax income-2,002-503-1,47913,01713,017
Income tax1411691621,5841,584
Effective tax raten/an/an/a12.2%12.2%
Net income-2,143-672-1,64111,43311,433
Net margin-35.2%-10.1%-22.3%56.5%56.5%
Diluted EPS-$14.78-$4.63-$11.32$73.76$73.76
Filing10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

FY2023FY2024FY2025FY2026TTM
Operating cash flow-713-30984.011,67111,671
Capital expenditure219166204177177
Free cash flow-932-475-12011,49411,494
Free cash flow margin-15.3%-7.1%-1.6%56.8%56.8%
Depreciation and amortisation448224163149149
Share-based compensation165149182232232
Buybacksn/a0.00.04,524n/a
Diluted shares, weighted145m145m145m155m155m
Shares outstanding at period endn/an/a146m146m146m
Filing10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2023FY2024FY2025FY2026TTM
Total assetsn/a13,50612,98522,50722,507
Cash and equivalents2923281,4814,7624,762
Receivablesn/a9351,0684,7084,708
Inventoryn/a1,9552,0792,6982,698
Goodwilln/a7,2074,9994,9944,994
Long-term debtn/a0.01,8490.00.0
Borrowings, as the company tags themn/a0.01,9000.00.0
Operating lease liabilitiesn/a171193177177
Shareholders' equity11,43911,0829,21615,73615,736
Filing10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a49.3%175.3%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a7.5%16.3%72.7%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Computer Storage Devices

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Sandisk Corp. SNDK$257.9 billion23.9572.7%61.2%175.3%0.00n/a
Seagate Technology Holdings plc STX$199.0 billion63.12146.9%33.6%34.1%1.660.3%
Western Digital Corp. WDC$161.8 billion18.46106.3%34.5%-2.7%0.120.1%
NetApp, Inc. NTAP$38.8 billion27.9994.8%n/an/a1.661.0%
Everpure, Inc. P$37.9 billion155.7016.4%5.3%27.2%0.00n/a

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-K3 July 202617 August 2026EDGAR
10-Q3 April 20261 May 2026EDGAR
10-Q2 January 202630 January 2026EDGAR
10-Q3 October 20257 November 2025EDGAR
10-K27 June 202521 August 2025EDGAR
10-Q28 March 202512 May 2025EDGAR
10-Q/A27 December 202417 March 2025EDGAR
10-Q27 December 20247 March 2025EDGAR

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