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.
- Ticker
- SNDK
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Computer Hardware
- Market cap
- $120.25B
- 52-week range
- $183.00 - $2354.39
Valuation
- Share price
- $835.06 (close of Nov 6, 2026)
- P/E (TTM)
- 6.30x
- Price to book
- 6.63x
- Price to free cash flow
- 6.92x
- Enterprise value
- $115.29B
- Book value per share
- $125.93
Price performance
| Period | Change |
|---|---|
| 1 day | +3.55% |
| 5 days | -27.44% |
| 1 month | -49.71% |
| 3 months | -33.65% |
| 6 months | -40.78% |
| Year to date | +251.78% |
| 1 year | +302.07% |
| All time | +2,219.61% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 3.35%
- Shares short
- 4.70M
- Days to cover
- 0.57
- Change since prior report
- -2.38%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed SNDK trades
Lisa McClain · Gilbert Ray Cisneros · Jefferson Shreve · Robert Bresnahan · Alan Armstrong · Josh Gottheimer
Super investors holding SNDK
Ken Griffin (Citadel) · Stanley Druckenmiller (Duquesne Family Office) · Lee Ainslie (Maverick Capital LTD) · Ray Dalio (Bridgewater Associates) · Polen Capital Mgmt (Polen Capital Management LLC)
Profitability and growth
- Return on equity
- 72.66%
- Return on invested capital
- 67.90%
- 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%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 14.44%
- Current ratio
- 2.58x
- Net debt to EBITDA
- -0.22x
Latest reported year
- Period end
- Jul 3, 2026
- 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
- Interest expense
- $73.00M
- Shares outstanding
- 147.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 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 |
| 2022-06-30 | $9.75B | $3.24B | $1.06B | $7.39 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2026-07-03 | 71.47% | 56.46% | 72.66% | 67.90% |
| 2025-06-27 | 30.07% | -22.31% | -17.81% | -12.23% |
| 2024-06-28 | 16.09% | -10.09% | -6.06% | -3.88% |
| 2023-06-30 | 7.07% | -35.21% | -18.73% | -16.33% |
| 2022-06-30 | 33.26% | 10.91% | 8.20% | 7.40% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2026-07-03 | $4.76B | - |
| 2025-06-27 | $1.48B | $1.83B |
| 2024-06-28 | $328.00M | - |
| 2023-06-30 | $292.00M | - |
| 2022-06-30 | $335.00M | - |
| 2021-07-01 | $335.00M | - |
Free cash flow by year
| Period end | Free cash flow | Stock-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 |
| 2022-06-30 | $741.00M | $171.00M |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-10-29 | Sep 2026 | $46.19 |
| 2026-08-05 | Jun 2026 | $33.28 |
| 2026-04-30 | Mar 2026 | $14.17 |
| 2026-01-29 | Dec 2025 | $3.31 |
| 2025-11-06 | Sep 2025 | $0.58 |
| 2025-08-14 | Jun 2025 | -$0.34 |
| 2025-05-07 | Mar 2025 | -$0.39 |
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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Understanding these figures
Price-to-earnings ratio · Short interest · 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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