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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)
$29.0B
Revenue growth
+272.4%
Operating margin
72.5%
Net income (12 months)
$19.4B
Free cash flow (12 months)
$17.4B
Cash
$5.1B
Debt
$0
Diluted EPS (12 months)
$125.12

Twelve months to October 2, 2026, from the 10-Q filed October 30, 2026.

Latest twelve months

Over the twelve months to October 2, 2026, Sandisk reported revenue of $29.0 billion, up a strong 272.4% from $7.8 billion a year earlier.

Its operating margin was 72.5%, up 91.6 percentage points from a year earlier: for every $100 of sales, about $72 was left as operating profit.

Net income was $19.4 billion (67.0% of revenue).

Operating cash flow was $17.5 billion and capital spending $181 million, leaving free cash flow of $17.4 billion (59.9% of revenue).

At the end of the period it held $5.1 billion in cash and $0 in debt, a net cash position of $5.1 billion.

The diluted share count rose 3.4% in a year, which dilutes existing shareholders.

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 year2023202420252026
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

  • 10-Q filed October 30, 2026 — quarterly report
  • 8-K filed October 29, 2026 — Earnings results; Other event
  • 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

All Sandisk filings on SEC EDGAR

Companies like Sandisk

Other S&P 500 companies in Technology Hardware, Storage & Peripherals:

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Questions about Sandisk

Is Sandisk's revenue growing?

Yes. Revenue for the twelve months to October 2, 2026 was $29.0 billion, up 272.4% from a year earlier, according to its SEC filings.

Is Sandisk profitable?

Yes. It earned $19.4 billion in net income over the twelve months to October 2, 2026, a net margin of 67.0%.

Does Sandisk have more cash or more debt?

At October 2, 2026 it had $5.1 billion in cash and $0 in debt, so more cash than debt.

When did Sandisk last file financial results?

Its latest quarterly report (10-Q) was filed with the SEC on October 30, 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 November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.