Sandisk (SNDK): financials, SEC filings and peers
Sandisk (SNDK) is a technology hardware, storage & peripherals company in the Information Technology sector of the S&P 500, headquartered in Milpitas, California.
It was founded in 1988 and joined the S&P 500 on November 28, 2025.
Its fiscal year ends in June, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Computer Storage Devices”.
Sandisk at a glance
- Revenue (12 months)
- $20.2B
- Revenue growth
- +175.3%
- Operating margin
- 61.2%
- Net income (12 months)
- $11.4B
- Free cash flow (12 months)
- $11.5B
- Cash
- $4.8B
- Debt
- $0
- Diluted EPS (12 months)
- $73.27
Twelve months to July 3, 2026, from the 10-K filed August 17, 2026.
Latest twelve months
Over the twelve months to July 3, 2026, Sandisk reported revenue of $20.2 billion, up a strong 175.3% from $7.4 billion a year earlier.
Its operating margin was 61.2%, up 79.9 percentage points from a year earlier: for every $100 of sales, about $61 was left as operating profit.
Net income was $11.4 billion (56.5% of revenue).
Operating cash flow was $11.7 billion and capital spending $177 million, leaving free cash flow of $11.5 billion (56.8% of revenue).
At the end of the period it held $4.8 billion in cash and $0 in debt, a net cash position of $4.8 billion.
Five-year trend
- Revenue went from $6.1 billion in fiscal 2023 to $20.2 billion in fiscal 2026, about 49.3% a year.
- Revenue has grown for 3 fiscal years in a row.
- Operating margin widened from -33.4% to 61.2% over the same years.
- Free cash flow was negative in 3 of the last 4 fiscal years.
- Sandisk reported a net loss in 3 of the last 4 fiscal years.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | $6.1B | $6.7B | $7.4B | $20.2B |
| Revenue growth | — | 9.5% | 10.4% | 175.3% |
| Operating margin | -33.4% | -7.0% | -18.7% | 61.2% |
| Net income | −$2.1B | −$672M | −$1.6B | $11.4B |
| Free cash flow | −$932M | −$475M | −$120M | $11.5B |
| Diluted EPS | $-14.78 | $-4.63 | $-11.32 | $73.76 |
Fiscal years as reported in Sandisk’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 16, 2026 — Executive or director change
- 8-K filed September 11, 2026 — Material agreement
- 10-K filed August 17, 2026 — annual report
- 8-K filed August 5, 2026 — Earnings results; Other event
- 8-K filed May 15, 2026 — Other event
- 10-Q filed May 1, 2026 — quarterly report
- 8-K filed April 30, 2026 — Earnings results; Other event
- 8-K filed March 25, 2026 — Material agreement; Other event
Companies like Sandisk
Other S&P 500 companies in Technology Hardware, Storage & Peripherals:
- AAPLApple Inc.Cupertino, California
- DELLDell TechnologiesRound Rock, Texas
- HPEHewlett Packard EnterpriseHouston, Texas
- HPQHP Inc.Palo Alto, California
- NTAPNetAppSan Jose, California
- PEverpureSanta Clara, California
- SMCISupermicroSan Jose, California
- STXSeagate TechnologyDublin, Ireland
More from Information Technology
Questions about Sandisk
Is Sandisk's revenue growing?
Yes. Revenue for the twelve months to July 3, 2026 was $20.2 billion, up 175.3% from a year earlier, according to its SEC filings.
Is Sandisk profitable?
Yes. It earned $11.4 billion in net income over the twelve months to July 3, 2026, a net margin of 56.5%.
Does Sandisk have more cash or more debt?
At July 3, 2026 it had $4.8 billion in cash and $0 in debt, so more cash than debt.
When did Sandisk last file financial results?
Its latest annual report (10-K) was filed with the SEC on August 17, 2026.
Which companies are similar to Sandisk?
In the S&P 500, Sandisk is grouped in Technology Hardware, Storage & Peripherals within the Information Technology sector. Apple Inc. (AAPL), Dell Technologies (DELL), Hewlett Packard Enterprise (HPE), HP Inc. (HPQ), NetApp (NTAP) are in the same group.
Understand the numbers
Source: Sandisk’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.