Sandisk Corp
SNDK.US · US · Technology · Computer Hardware · USA
Last close 2026-08-31
Health
6 dimensions · 1 scored · 5 unavailable · inputs from 13 periods to Q2 FY2026.
Fewer than half of this dimension's inputs are stored for this company.
ROE 91.6%, ROIC —.
Reporting currency varies across periods — see the currency note. A multiple or growth rate built on it cannot be compared across years.
Fewer than half of this dimension's inputs are stored for this company.
Fewer than half of this dimension's inputs are stored for this company.
Reporting currency varies across periods — see the currency note. A multiple or growth rate built on it cannot be compared across years.
Price Chart
Interactive candlestick chart with volume and technical indicators.
Ratios
Valuation, profitability, leverage and efficiency ratios by fiscal quarter — the trend matters more than any single period's value. Figures are in each period's own reporting currency, labelled in its column; nothing on this page is converted at an FX rate.
Valuation over time
How the market prices this company today, judged against its own trading history — not the sector.
Profitability over time
Returns over time
Growth over time
Market Returns over time
Market Returns unavailable
Market Returns unavailable — trailing return windows are not computed by the pipeline yet.
Sector Ranks over time
Sector Ranks unavailable
Sector ranking unavailable — this company's sector rank fields are not populated yet.
Compare any two metrics
Financials
Quarterly reporting · 12 quarters on file · latest Q1 FY2026. Showing the most recent 12, newest first. Figures are in USD; nothing on this page is converted at an FX rate.
| Quarter | TTM (Q2 FY2025–Q1 FY2026) | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 | Q3 FY2024 | Q2 FY2024 | Q1 FY2024 | Q4 FY2023 | Q3 FY2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Total Revenue | $13.2B | $6.0B | $3.0B | $2.3B | $1.9B | $1.7B | $1.9B | $1.9B | $1.9B | $1.7B | $1.7B | $1.5B |
| Cost of Revenue | $5.8B | $1.3B | $1.5B | $1.6B | $1.4B | $1.3B | $1.3B | $1.2B | $1.2B | $1.2B | $1.5B | $1.7B |
| Gross Profit | $7.4B | $4.7B | $1.5B | $687.00M | $498.00M | $382.00M | $606.00M | $726.00M | $726.00M | $463.00M | $161.00M | -$188.00M |
| Gross Margin | 56.0% | 78.4% | 50.9% | 29.8% | 26.2% | 22.5% | 32.3% | 38.6% | 38.6% | 27.2% | 9.7% | -12.3% |
| Operating | ||||||||||||
| Total Operating Expenses | — | $551.00M | $466.00M | $495.00M | $480.00M | $424.00M | $411.00M | $435.00M | $413.00M | $398.00M | $406.00M | $299.00M |
| Research & Development | $1.3B | $337.00M | $327.00M | $316.00M | $285.00M | $285.00M | $279.00M | $283.00M | $283.00M | $277.00M | $246.00M | $240.00M |
| Selling, General & Admin. | — | $161.00M | $139.00M | $179.00M | $133.00M | $139.00M | $142.00M | $130.00M | $86.00M | $107.00M | $424.00M | — |
| Selling & Marketing | — | — | — | — | $29.00M | — | $142.00M | — | $31.00M | — | $113.00M | — |
| Total Costs & Expenses | — | $1.8B | $1.9B | $2.1B | $1.9B | $1.7B | $1.7B | $1.6B | $1.6B | $1.6B | $1.9B | $2.0B |
| Operating Income | $5.4B | $4.1B | $1.1B | $192.00M | $18.00M | -$42.00M | $195.00M | $291.00M | $313.00M | $65.00M | -$245.00M | -$487.00M |
| Operating Margin | 40.9% | 69.1% | 35.5% | 8.3% | 0.9% | -2.5% | 10.4% | 15.5% | 16.6% | 3.8% | -14.7% | -31.8% |
| SBC % of Revenue | 1.6% | 0.9% | 1.9% | 2.3% | 2.6% | 2.6% | 2.6% | 2.2% | 1.8% | 2.2% | 2.2% | 2.6% |
| EBIT | $5.3B | $4.1B | $962.00M | $164.00M | $23.00M | -$1.9B | $177.00M | $269.00M | $269.00M | $63.00M | -$198.00M | -$546.00M |
| EBITDA | — | $4.2B | $1.0B | $200.00M | $59.00M | -$1.8B | $213.00M | $323.00M | $323.00M | $119.00M | -$141.00M | -$489.00M |
| EBITDA Margin | — | 70.0% | 33.1% | 8.7% | 3.1% | -109.0% | 11.4% | 17.2% | 17.2% | 7.0% | -8.5% | -31.9% |
| Depreciation & Amortisation | $148.00M | $38.00M | $38.00M | $36.00M | $36.00M | $37.00M | $36.00M | $54.00M | $54.00M | $56.00M | $57.00M | $57.00M |
| Non-operating | ||||||||||||
| Other Income / (Expense), net | — | -$4.00M | -$138.00M | -$68.00M | -$36.00M | -$1.9B | -$22.00M | -$24.00M | -$46.00M | -$11.00M | -$15.00M | -$7.00M |
| Interest Expense | $124.00M | $18.00M | $25.00M | $40.00M | $41.00M | $16.00M | $4.00M | $2.00M | $2.00M | $9.00M | $11.00M | $8.00M |
| Pre-tax Income | — | $4.1B | $937.00M | $124.00M | -$18.00M | -$1.9B | $173.00M | $267.00M | $267.00M | $54.00M | -$260.00M | -$494.00M |
| Income Tax | $643.00M | $492.00M | $134.00M | $12.00M | $5.00M | $32.00M | $69.00M | $56.00M | $56.00M | $27.00M | $41.00M | $24.00M |
| Effective Tax Rate | — | 12.0% | 14.3% | 9.7% | — | — | 39.9% | 21.0% | 21.0% | 50.0% | — | — |
| Bottom line | ||||||||||||
| Net Income | $4.5B | $3.6B | $803.00M | $112.00M | -$23.00M | -$1.9B | $104.00M | $211.00M | $211.00M | $27.00M | -$301.00M | -$518.00M |
| Net Margin | 34.2% | 60.8% | 26.5% | 4.9% | -1.2% | -114.0% | 5.5% | 11.2% | 11.2% | 1.6% | -18.1% | -33.8% |
| Net income per share (period-end share count) | $28.71 | $23.03 | $5.15 | $0.75 | -$0.16 | -$13.33 | $0.72 | $1.47 | $1.46 | $0.19 | -$2.09 | -$3.60 |
| Growth | ||||||||||||
| Revenue growth YoY | 121.6% | 96.7% | 31.1% | 21.4% | 12.2% | -9.6% | -0.4% | 0.0% | 10.4% | 2.4% | 8.6% | — |
| Operating income growth YoY | 31.3% | 282.4% | 459.9% | 966.7% | -142.9% | -121.5% | -33.0% | -7.0% | 381.5% | -126.5% | -49.7% | — |
| Net income growth YoY | 24.7% | 350.2% | 617.0% | — | — | -1958.7% | -50.7% | 0.0% | 681.5% | — | — | — |
| Revenue 5Y CAGR | 62.3% | 36.9% | 12.7% | 5.2% | 0.2% | -0.1% | 3.0% | 5.3% | — | — | — | — |
Filings Intelligence
Risk factors and audit history extracted from SEC filings, with a verbatim quote and a link to the source filing behind every disclosure.
Risk themes and audit opinions on this page are extracted from filings by a language model, not reported by the company in this form. Typically 6 of a filing’s 20–40 risk factors are captured, so a theme missing from a year may not have been dropped. The extractor produces no severity rating; nothing here ranks how serious a risk is. Every claim links to the passage it came from.
Filing Coverage
Extraction Depth
Only one annual filing has been extracted (FY2025, 13 passages) — there is nothing to compare it to yet.
Risk Landscape
Distinct themes the extractor found per category per fiscal year, from annual filings (10-K/20-F) only. Categories follow the extractor’s own labels and can include disclosures adjacent to risk factors (e.g. cybersecurity governance, use of proceeds) — not everything counted here is a risk. Darker cells mean more distinct themes, not greater severity — this data has no severity rating. Counts are specific to this company’s own extraction and are not comparable across companies.
| Category | 2025 |
|---|---|
| Legal | |
| Operational | |
| Financial | |
| Cyber | |
| Supply Chain |
Select a cell above to see the underlying disclosures.
Risk Themes Over Time
Not rated — the extractor produced no severity value.
No risk theme recurred across the fiscal years extracted. The passages disclosed in each year are listed below.
FY2025
Raised between annual filings (10-Q)
10-Q risk sections report material changes only; absence here does not mean a risk was withdrawn.
carries a passage with no match in the preceding annual filingall passages matched. The number under each tick is the passage count.
Audit & Assurance
Opinions are classified from the verbatim passage in the filing, not from the extractor’s label. An adverse opinion on internal control is a different opinion from one on the financial statements, and is labelled as such. Tenure is shown exactly as each filing states it and is never recomputed.
| Fiscal year | Auditor | Opinion | Tenure |
|---|---|---|---|
| FY2025 | Public Company Accounting Oversight Board | Not determined |
Business Mix
What the company sells, to whom and where — as its own annual filings named it, year by year, with the sentence behind every cell one click away.
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States, Europe, the Middle East, Africa, Asia, and internationally. The company offers solid state drives for desktop and notebook PCs, gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs and other portable and wearable devices, automotive applications, Internet of Things, industrial, and connected home applications, as well as removable cards, universal serial bus drives, and wafers and components. It sells its products to computer manufacturers and original equipment manufacturers, datacenters, private cloud customers, cloud service providers, resellers, distributors, and retailers through its sales personnel, dealers, distributors, retailers, and subsidiaries. Sandisk Corporation was incorporated in 2024 and is based in Milpitas, California.
Mix Ledger
1 annual filing is on file (FY2025); none produced a product, customer or geographic segment.
What moved
Change needs at least two annual filings. One is on file (FY2025).
5 quarterly filings carry 9 extracted rows. They are excluded: the segments prompt targets annual filings, and its 10-Q output is balance-sheet note headings rather than business segments.
Extraction samples each filing’s segment disclosure — about 2 segments per filing on average — rather than enumerating it. Absence from a year means the extracted passage did not name it.
Names are grouped only when they differ by letter case or spacing. Segments that were renamed appear as separate rows.
Valuation & Estimates
Analyst consensus, forward estimates, model fair values and shareholder returns.
Analyst Consensus
EPS Estimates
The source does not record the currency of these estimates — for some companies they arrive in the trading currency and for others in the filing currency — so they are shown as stored, without a currency symbol.
Fair Value Models
Dividends & Splits
Additional Metrics
Reported totals are in this company's filing currency (USD); nothing here is converted at an FX rate.
Earnings Estimate Trend
Revenue estimates are in the filing currency (USD). The source does not record the currency of these estimates — for some companies they arrive in the trading currency and for others in the filing currency — so they are shown as stored, without a currency symbol.
| Period | EPS now | 7d ago | 30d ago | 90d ago | Revenue est. | EPS est. | Analysts |
|---|---|---|---|---|---|---|---|
| Current Quarter | 14.66 | 14.38 | 13.93 | 4.13 | $4.7B | 14.66 | 15 |
| Current Year | 66.68 | 66.39 | 65.45 | 44.60 | $19.8B | 66.68 | 21 |
| Next Quarter | 44.21 | 43.80 | 41.94 | 27.84 | $10.6B | 44.21 | 16 |
| Next Year | 212.95 | 212.60 | 188.88 | 114.38 | $49.9B | 212.95 | 21 |
Reported EPS
The source records this series in more than one currency and does not label which; values are shown as stored.
| Fiscal date | EPS actual |
|---|---|
| 2026-06-30 | 30.83 |
| 2025-06-30 | 3.02 |
| 2018-06-30 | 2.89 |
| 2015-06-30 | 3.35 |
| 2014-06-30 | 6.15 |
Peers & Sector
How this company sits against comparable names and its sector cohort.
Peer Comparison
| # | Company | Sector | P/E (TTM) | ROE | Market cap |
|---|---|---|---|---|---|
| 1 | Seagate Technology PLC | Technology | 60.99 | 37.1% | $192.0B |
| 2 | Western Digital Corporation | Technology | 17.17 | 130.8% | $166.6B |
| 3 | Dell Technologies Inc | Technology | 37.60 | 44.3% | $305.1B |
| 4 | Hewlett Packard Enterprise Co | Technology | 51.33 | 6.3% | $72.0B |
| 5 | Everpure, Inc. | Technology | 150.36 | 16.9% | $33.0B |
| 6 | Super Micro Computer Inc | Technology | 11.48 | 21.5% | $24.9B |
| 7 | NetApp Inc | Technology | 29.45 | 106.7% | $36.7B |
| 8 | IONQ Inc | Technology | — | -60.5% | $17.2B |
| 9 | HP Inc | Technology | 11.31 | 0.0% | $26.7B |
| 10 | Logitech International SA | Technology | 17.99 | 35.3% | $14.0B |
Sector Ranks
Sector ranking unavailable — this company's sector rank fields are not populated yet.
Ownership & Governance
Who holds the shares, how many exist, and how that has changed.
Share Statistics
Major Holders
Neither column is a position value. “% of shares out” is the stake this holder owns in SNDK.US; “% of holder’s portfolio” is how much of that holder’s own book this position represents.
institutions
| Holder | Shares | % of holder’s portfolio | % of shares out | Reported |
|---|---|---|---|---|
| Vanguard Group Inc | 17.0M | 0.06% | 11.46% | 2025-12-31 |
| FMR Inc | 13.4M | 0.45% | 9.04% | 2026-03-31 |
| BlackRock Inc | 10.4M | 0.12% | 7.03% | 2026-03-31 |
| Vanguard Capital Management, LLC | 9.5M | 0.15% | 6.43% | 2026-03-31 |
| State Street Corp | 5.6M | 0.12% | 3.76% | 2026-03-31 |
| Geode Capital Management, LLC | 4.2M | 0.17% | 2.84% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 3.6M | 0.12% | 2.42% | 2026-03-31 |
| Morgan Stanley - Brokerage Accounts | 2.8M | 0.11% | 1.92% | 2026-03-31 |
| Arrowstreet Capital Limited Partnership | 2.8M | 0.97% | 1.91% | 2026-03-31 |
| NORGES BANK | 2.2M | 0.06% | 1.48% | 2025-12-31 |
| The Goldman Sachs Group Inc | 2.0M | 0.15% | 1.38% | 2026-03-31 |
| Jane Street Group LLC | 1.8M | 0.15% | 1.21% | 2026-03-31 |
funds
| Holder | Shares | % of holder’s portfolio | % of shares out | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 4.7M | 0.46% | 3.18% | 2026-06-30 |
| Vanguard 500 Index Investor | 3.8M | 0.52% | 2.60% | 2026-06-30 |
| Invesco QQQ Trust | 3.1M | 1.46% | 2.12% | 2026-06-30 |
| Fidelity Growth Compy Commingled Pl S | 2.9M | 3.83% | 1.99% | 2026-05-31 |
| Fidelity Growth Company Fund | 2.3M | 3.89% | 1.53% | 2026-05-31 |
| iShares Core S&P 500 ETF | 2.0M | 0.52% | 1.38% | 2026-06-30 |
| Fidelity 500 Index | 1.9M | 0.38% | 1.28% | 2026-05-31 |
| State Street® SPDR® S&P 500® ETF | 1.8M | 0.52% | 1.21% | 2026-06-30 |
Shares Outstanding History
| Date | Shares (M) |
|---|---|
| 2025-12-31 | 145 |
| 2024-12-31 | 145 |
| 2023-12-31 | 145 |
Monte-Carlo Simulation
Geometric Brownian Motion projection of the price distribution — a statistical range, not a forecast.
Estimated from the trailing ~504 daily price observations.
Company Details
Identifiers, classification and contact information on file.
- ISIN
- US80004C2008
- IPO date
- 2025-02-24
- Fiscal year end
- June
- Employees
- 11,000
- 50-day moving avg ($)
- $1614.12
- 200-day moving avg ($)
- $964.71
- GICS group
- Technology Hardware & Equipment
- GICS sub-industry
- Technology Hardware, Storage & Peripherals
- Address
- 951 Sandisk Drive, Milpitas, CA, United States, 95035
- Phone
- 408 801 1000
- Website
- https://www.sandisk.com
Data Notes
Why some fields above are missing for this company specifically.