The Filings Report

Sandisk Corporation Common Stock

SNDKNasdaqCIK 2023554Technology / Computer Hardwarefiscal year ends June12 quarters since 2023

Revenue, Q4 FY2026
$9.0B
+371.6% on Q4 FY2025
Net income
$6.9B
+30113.0% on Q4 FY2025
Free cash flow
$7.1B
+14355.1% on Q4 FY2025
Diluted EPS
—
not filed for a derived quarter
Revenue, TTM
$20.2B
trailing four quarters
Net margin, TTM
56.5%
net income $11.4B
Free cash flow, TTM
$11.5B
$11.7B less $177M capex
Cash and equivalents
$4.8B
long-term debt $0, Jul 3, 2026
Shares, 12-month change
+0.4%
146M shares, Jul 3, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$168.5B
at the close, buybacks

Latest quarter Q4 FY2026, filed August 17, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q4 FY2026, the quarter ended July 3, 2026, Sandisk Corporation Common Stock reported revenue of $9.0B, +371.6% on Q4 FY2025, and net income of $6.9B (+30113.0%). Operating margin was 78.5%. Free cash flow, operating cash flow less capital expenditures, was $7.1B ($7.1B less $43M). The income statement for this quarter is derived from the annual filing, so no per-share figure is shown; per-share values are never computed by subtraction.

The last 12 quarters

Q1 FY2024 to Q4 FY2026, through the filing of August 17, 2026.

Revenue and net incomeRevenueNet income
−$5B$0$5B$10BQ1'24, Net income: −$518MQ1'24Q2'24, Revenue: $1.7BQ2'24, Net income: −$301MQ2'24Q3'24, Revenue: $1.7BQ3'24, Net income: $27MQ3'24Q4'24, Revenue: $1.8BQ4'24, Net income: $120MQ4'24Q1'25, Revenue: $1.9BQ1'25, Net income: $211MQ1'25Q2'25, Revenue: $1.9BQ2'25, Net income: $104MQ2'25Q3'25, Revenue: $1.7BQ3'25, Net income: −$1.9BQ3'25Q4'25, Revenue: $1.9BQ4'25, Net income: −$23MQ4'25Q1'26, Revenue: $2.3BQ1'26, Net income: $112MQ1'26Q2'26, Revenue: $3.0BQ2'26, Net income: $803MQ2'26Q3'26, Revenue: $6.0BQ3'26, Net income: $3.6BQ3'26Q4'26, Revenue: $9.0BQ4'26, Net income: $6.9BQ4'26−$5B$0$5B$10BQ1'24, Net income: −$518MQ2'24, Revenue: $1.7BQ2'24, Net income: −$301MQ2'24Q3'24, Revenue: $1.7BQ3'24, Net income: $27MQ4'24, Revenue: $1.8BQ4'24, Net income: $120MQ4'24Q1'25, Revenue: $1.9BQ1'25, Net income: $211MQ2'25, Revenue: $1.9BQ2'25, Net income: $104MQ2'25Q3'25, Revenue: $1.7BQ3'25, Net income: −$1.9BQ4'25, Revenue: $1.9BQ4'25, Net income: −$23MQ4'25Q1'26, Revenue: $2.3BQ1'26, Net income: $112MQ2'26, Revenue: $3.0BQ2'26, Net income: $803MQ2'26Q3'26, Revenue: $6.0BQ3'26, Net income: $3.6BQ4'26, Revenue: $9.0BQ4'26, Net income: $6.9BQ4'26

Net income losses drawn in red.

Free cash flow
−$2B$0$2B$4B$6B$8BQ1'24Q2'24Q3'24, Free cash flow: −$41MQ3'24Q4'24, Free cash flow: −$168MQ4'24Q1'25, Free cash flow: −$198MQ1'25Q2'25, Free cash flow: $47MQ2'25Q3'25, Free cash flow: −$18MQ3'25Q4'25, Free cash flow: $49MQ4'25Q1'26, Free cash flow: $438MQ1'26Q2'26, Free cash flow: $980MQ2'26Q3'26, Free cash flow: $3.0BQ3'26Q4'26, Free cash flow: $7.1BQ4'26−$2B$0$2B$4B$6B$8BQ2'24Q3'24, Free cash flow: −$41MQ4'24, Free cash flow: −$168MQ4'24Q1'25, Free cash flow: −$198MQ2'25, Free cash flow: $47MQ2'25Q3'25, Free cash flow: −$18MQ4'25, Free cash flow: $49MQ4'25Q1'26, Free cash flow: $438MQ2'26, Free cash flow: $980MQ2'26Q3'26, Free cash flow: $3.0BQ4'26, Free cash flow: $7.1BQ4'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$2B$4B$6BQ1'24Q2'24Q3'24Q4'24, Cash and equivalents: $328MQ4'24, Long-term debt: $0Q4'24Q1'25Q2'25, Cash and equivalents: $804MQ2'25Q3'25, Cash and equivalents: $1.5BQ3'25, Long-term debt: $1.9BQ3'25Q4'25, Cash and equivalents: $1.5BQ4'25, Long-term debt: $1.8BQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26, Long-term debt: $1.3BQ1'26Q2'26, Cash and equivalents: $1.5BQ2'26, Long-term debt: $583MQ2'26Q3'26, Cash and equivalents: $3.7BQ3'26, Long-term debt: $0Q3'26Q4'26, Cash and equivalents: $4.8BQ4'26, Long-term debt: $0Q4'26$0$2B$4B$6BQ2'24Q4'24, Cash and equivalents: $328MQ4'24, Long-term debt: $0Q4'24Q2'25, Cash and equivalents: $804MQ2'25Q3'25, Cash and equivalents: $1.5BQ3'25, Long-term debt: $1.9BQ4'25, Cash and equivalents: $1.5BQ4'25, Long-term debt: $1.8BQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26, Long-term debt: $1.3BQ2'26, Cash and equivalents: $1.5BQ2'26, Long-term debt: $583MQ2'26Q3'26, Cash and equivalents: $3.7BQ3'26, Long-term debt: $0Q4'26, Cash and equivalents: $4.8BQ4'26, Long-term debt: $0Q4'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q4 FY2026 filed August 17, 2026.

Sandisk Corporation Common Stock income statement, quarterly
Millions of dollarsQ4 FY2026ended Jul 3, 2026filed Aug 17, 2026Q3 FY2026ended Apr 3, 2026filed May 1, 2026Q2 FY2026ended Jan 2, 2026filed Jan 30, 2026Q1 FY2026ended Oct 3, 2025filed Nov 7, 2025Q4 FY2025ended Jun 27, 2025filed Aug 21, 2025Q3 FY2025ended Mar 28, 2025filed May 12, 2025Q2 FY2025ended Dec 27, 2024filed Mar 7, 2025Q1 FY2025ended Sep 27, 2024filed Mar 7, 2025YoYQ4 FY2026vs Q4 FY2025
Revenue8,9655,9503,0252,3081,9011,6951,8761,883+371.6%
Cost of revenue1,3831,2881,4841,6211,4031,3131,2701,157−1.4%
Gross profit7,5824,6621,541687498382606726+1422.5%
Research and development348337327316285285279283+22.1%
Selling, general and administrative197161139179162139142130+21.6%
Operating income7,0374,1111,06517618(1,881)195291+38994.4%
Other income (expense)812(4)(128)(52)(36)(20)(22)(24)+2355.6%
Pretax income7,8494,107937124withheldwithheldwithheldwithheld—
Income tax946492134125326956+18820.0%
Net income6,9033,615803112(23)(1,933)104211+30113.0%
Diluted EPS ($)—23.035.150.75—(13.33)0.721.46—
Diluted shares (millions)—157156149—145145145—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q4 FY2026 filed August 17, 2026.

Sandisk Corporation Common Stock balance sheet, quarterly
Millions of dollarsQ4 FY2026ended Jul 3, 2026filed Aug 17, 2026Q3 FY2026ended Apr 3, 2026filed May 1, 2026Q2 FY2026ended Jan 2, 2026filed Jan 30, 2026Q1 FY2026ended Oct 3, 2025filed Nov 7, 2025Q4 FY2025ended Jun 27, 2025filed Aug 21, 2025Q3 FY2025ended Mar 28, 2025filed May 12, 2025Q2 FY2025ended Dec 27, 2024filed Mar 7, 2025Q1 FY2025ended Sep 27, 2024filed Mar 7, 2025YoYQ4 FY2026vs Q4 FY2025
Cash and equivalents4,7623,7351,5391,4421,4811,507804—+221.5%
Short-term investments—————————
Total current assets12,7809,1685,1504,9845,0865,0904,456—+151.3%
Total assets22,50717,07512,99812,74912,98512,96014,234—+73.3%
Total current liabilities5,5811,9171,6541,5161,4271,3751,873—+291.1%
Long-term debt005831,3311,8291,927——−100.0%
Total liabilities6,7713,2982,7853,3683,7693,7992,233—+79.6%
Stockholders’ equity15,73613,77710,2139,3819,2169,16112,00112,126+70.7%
Shares outstanding (millions)146148148147146145115——

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q4 FY2026 filed August 17, 2026.

Sandisk Corporation Common Stock cash flow statement, quarterly
Millions of dollarsQ4 FY2026ended Jul 3, 2026filed Aug 17, 2026Q3 FY2026ended Apr 3, 2026filed May 1, 2026Q2 FY2026ended Jan 2, 2026filed Jan 30, 2026Q1 FY2026ended Oct 3, 2025filed Nov 7, 2025Q4 FY2025ended Jun 27, 2025filed Aug 21, 2025Q3 FY2025ended Mar 28, 2025filed May 12, 2025Q2 FY2025ended Dec 27, 2024filed Mar 7, 2025Q1 FY2025ended Sep 27, 2024filed Mar 7, 2025YoYQ4 FY2026vs Q4 FY2025
Operating cash flow7,1263,0381,019488942695(131)+7480.9%
Capital expenditures4345395045444867−4.4%
Free cash flow (CFO − capex)7,0832,99398043849(18)47(198)+14355.1%
Depreciation and amortization3738383636373654+2.8%
Share repurchases—————————
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2026 filed August 17, 2026.

Income statement

Sandisk Corporation Common Stock income statement, annual
Millions of dollarsFY2026ended Jul 3, 2026filed Aug 17, 2026FY2025ended Jun 27, 2025filed Aug 21, 2025FY2024ended Jun 28, 2024filed Mar 7, 2025FY2023ended Jun 30, 2023filed Mar 7, 2025
Revenue20,2487,3556,6636,086
Cost of revenue5,7765,1435,5915,656
Gross profit14,4722,2121,072430
Research and development1,3281,1321,0611,167
Selling, general and administrative676573455558
Operating income12,389(1,377)(468)(2,035)
Other income (expense)628(102)(35)33
Pretax income13,017(1,479)(503)(2,002)
Income tax1,584162169141
Net income11,433(1,641)(672)(2,143)
Diluted EPS ($)73.76(11.32)(4.63)(14.78)
Diluted shares (millions)155145145145

Balance sheet

Sandisk Corporation Common Stock balance sheet, annual
Millions of dollarsFY2026ended Jul 3, 2026filed Aug 17, 2026FY2025ended Jun 27, 2025filed Aug 21, 2025FY2024ended Jun 28, 2024filed Mar 7, 2025FY2023ended Jun 30, 2023filed Mar 7, 2025
Cash and equivalents4,7621,481328—
Short-term investments————
Total current assets12,7805,0863,548—
Total assets22,50712,98513,506—
Total current liabilities5,5811,4272,123—
Long-term debt01,8290—
Total liabilities6,7713,7692,424—
Stockholders’ equity15,7369,21611,08211,439
Shares outstanding (millions)146146——

Cash flow statement

Sandisk Corporation Common Stock cash flow statement, annual
Millions of dollarsFY2026ended Jul 3, 2026filed Aug 17, 2026FY2025ended Jun 27, 2025filed Aug 21, 2025FY2024ended Jun 28, 2024filed Mar 7, 2025FY2023ended Jun 30, 2023filed Mar 7, 2025
Operating cash flow11,67184(309)(713)
Capital expenditures177204166219
Free cash flow (CFO − capex)11,494(120)(475)(932)
Depreciation and amortization149163224448
Share repurchases4,52400—
Dividends paid————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$121M
67 sales by 4 insiders; officers and directors $121M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$134M
76 sales by 7 insiders; officers and directors $134M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 20, 2026Shek BernardChief Legal Officer and Sectytax withholding322$1365.38$440K25,266Oct 22, 2026
Oct 1, 2026Shek BernardChief Legal Officer and Sectyopen-market sale10b5-1600$1734.94$1M25,588Oct 2, 2026
Sep 20, 2026Shek BernardChief Legal Officer and Sectytax withholding118$1791.82$211K26,188Sep 21, 2026
Sep 17, 2026Pokorny MichaelVP, Chief Accounting Officeraward458$0.00—21,550Sep 21, 2026
Sep 17, 2026Visoso Luis FelipeEVP & CFOaward1,635$0.00—132,611Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoraward3,296$0.00—416,706Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-140$1567.26$63K416,666Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-19,604$1569.00$15M407,062Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-1910$1570.04$1M406,152Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-14,558$1571.21$7M401,594Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-11,157$1572.60$2M400,437Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-1306$1573.15$481K400,131Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-12,588$1574.57$4M397,543Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-12,778$1575.58$4M394,765Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-14,139$1576.82$7M390,626Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-12,876$1578.34$5M387,750Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-1640$1579.40$1M387,110Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-11,480$1580.25$2M385,630Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-11,080$1583.80$2M384,550Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-11,520$1585.85$2M383,030Sep 21, 2026
Sep 17, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-1165$1587.00$262K382,865Sep 21, 2026
Sep 17, 2026Shek BernardChief Legal Officer and Sectyaward1,001$0.00—26,306Sep 21, 2026
Sep 17, 2026Ilkbahar AlperEVP & Chief Technology Officeraward1,619$0.00—42,109Sep 21, 2026
Sep 15, 2026Visoso Luis FelipeEVP & CFOopen-market sale10b5-11,000$1568.83$2M130,976Sep 16, 2026
Sep 14, 2026Goeckeler DavidChairman & CEO, Directoropen-market sale10b5-114,364$1522.59$22M432,884Sep 16, 2026

Full insider history for Sandisk Corporation Common Stock, or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held SNDK in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded SNDK by quarter.

FundManagerQuarterValueSharesWeightMove
Duquesne Family OfficeStanley DruckenmillerQ2 2026$79M34,9001.52%trimmed −8.5%

Sources

Fiscal year ends in month 6; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Sandisk Corporation, CIK 2023554 on EDGAR
Extract generated
August 27, 2026
Withheld
1 line-years whose four quarters do not sum to the filed year: pretax income FY2025
Repaired
2 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2024, income tax FY2025
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated August 27, 2026.

JSON file
/data/financials/SNDK.json