Companies/US/SNDK

SANDISK CORPORATION

Last · NasdaqGS$1394.83-8.51 (-0.61%)live · yahoo · 1h ago
Vol 12.96M ≈ 18.07B
Market cap$201.59B144.5M sh
P/E · TTM20.0fwd 5.2 · eps 69.83
Beta—vs S&P 500
Div yield0.00%annual · TTM
52w range
$136.29$2354.39
Volume13.0Msession

Issuer

Legal nameSANDISK CORPORATION
HQUnited States (US)
ListingUS SNDK
ISINUS80004C2008
SectorTechnology
IndustryComputer Hardware
SIC3572
CurrencyUSD
Entity registrysec:0002023554
CIK0002023554
LinkedIn
Employees11,000
Headline financial metrics
Revenue$13.2B
Operating income$5.4B
Net income$4.5B
Free cash flow$4.5B
Operating margin40.7%
Net margin34.4%
Return on equity32.9%
PeriodTTM 2026-04-03
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OpenFilings analyst

Our analyst

10-K · 2026-08-17

From latest 10-K · 2026-08-17

  • Ai Storage Demand
  • Nand Pricing
  • Spin Off
  • Wdc Share Overhang
  • Debt Repayment
  • Goodwill Impairment
  • Asia Manufacturing
  • Kioxia Jv

Red flags

  • FY2025 included a $1.8 billion goodwill impairment, highlighting the risk that carrying values and earnings can deteriorate sharply in a cyclical memory market.
  • The company paid WDC a net $1.5 billion distribution funded partly with $2.0 billion of term borrowing at separation, leaving a materially leveraged standalone balance sheet before the March 2026 repayment.
  • WDC still held 1.69 million shares as of March 19, 2026 and expects to monetize all remaining Sandisk shares by the end of 2026, potentially increasing trading supply.
  • Historical results are difficult to compare: FY2026 had 53 weeks, FY2025 included the February 2025 separation, and pre-separation expenses and stock compensation were allocated by WDC.
  • Diluted weighted-average shares rose to 155 million from 147 million basic shares in FY2026, creating some equity-compensation dilution.

Upcoming earnings

1 event
9:00 PM UTC+1
Period
Sep 2026
Est. EPS
$46.27
Est. revenue
10.7B

Earnings transcripts

1 recent

Press & signals

1 recent
  • Satelight

    US chip and memory stocks slide in fresh bout of Wall Street tumult

Documents

FormReporting forFiledFlags
2026-10-012026-10-020
2026-09-172026-09-210
2026-09-172026-09-210
2026-09-172026-09-210