Sandisk Corp (SNDK)

Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company provides 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.

Symbol
SNDK
Exchange
Nasdaq
Sector
Technology
Industry
Computer Hardware
Market cap
$268.93B
52 week range
93.54 - 2354.39

Valuation

Share price
$1816.57 (close of 2026-09-23)
P/E (TTM)
23.68x
Price to book
17.09x
Price to free cash flow
23.40x
Enterprise value
$264.34B
Book value per share
$107.78

Price performance

PeriodChange
1 day-3.73%
5 days+19.51%
1 month+13.81%
3 months-7.49%
6 months+158.59%
Year to date+665.26%
1 year+1607.30%
All time+4946.03%

Profitability and growth

Return on equity
72.66%
Return on invested capital
96.90%
Return on assets
50.80%
Return on capital employed
73.20%
Gross margin
71.47%
Net margin
56.46%
EBITDA margin
61.92%
Revenue growth
175.30%
Net income growth
796.71%
Free cash flow growth
9678.33%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.27%
Current ratio
2.29x
Net debt to EBITDA
-0.35x

Latest reported year

Period end
2026-07-03
Fiscal year
2026
Revenue
$20.25B
Cost of revenue
$5.78B
Gross profit
$14.47B
EBITDA
$12.54B
Net income
$11.43B
Earnings per share
$77.78
Research and development
$1.33B
Shares outstanding
147.00M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-07-03$20.25B$14.47B$11.43B$77.78
2025-06-27$7.36B$2.21B$-1.64B$-11.32
2024-06-28$6.66B$1.07B$-672.00M$-4.63
2023-06-30$6.09B$430.00M$-2.14B$-14.78

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-07-0371.47%56.46%72.66%96.90%
2025-06-2730.07%-22.31%-17.81%-14.08%
2024-06-2816.09%-10.09%-6.06%-3.99%
2023-06-307.07%-35.21%-18.73%-18.26%

Cash and debt by year

Period endCashDebt
2026-07-03$4.76B-
2025-06-27$1.48B$1.83B
2024-06-28$328.00M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-07-03$11.49B$232.00M
2025-06-27$-120.00M$182.00M
2024-06-28$-475.00M$149.00M
2023-06-30$-932.00M$165.00M

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$45.22

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$33.28
2026-04-30--
2026-01-29--
2025-11-06--
2025-08-14--
2025-05-07--
2016-04-27--
2016-01-27--

Filings and sources

Company website
sandisk.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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