SNDKNasdaqComputer Storage DevicesFiscal year ends June 28
Sandisk Corp
Financials through Q4 FY2026, quarter ended Jul 3, 2026Last filing: 10-K on Aug 17, 2026
$1371.12+71.82 (+5.53%)
Close on Oct 19, 2026
- Market cap
- $216.64B
- P/E (TTM)
- 18.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2022 to 2026
Gross margin
71.5%
Operating margin
61.2%
Net margin
56.5%
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +175.3% | +49.3% | – | – | |
| Gross profit | +554.2% | +222.9% | – | – |
Returns and balance sheet
5 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 91.6% | |
| Return on assets | – | – | 64.4% | |
| Current ratio | – | – | 2.29 | |
| Debt to equity | – | – | 0.00 | |
| Net debt to EBITDA | – | – | -0.38× | |
| Interest coverage | – | – | 169.7× | |
| Inventory turnover | – | – | 2.4× | |
| Capex to revenue | – | – | 0.9% | |
| Diluted shares | – | – | 155M |
Cash use needs five years of cash flow figures
Sandisk does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin56.5%
×Asset turnover1.14×
×Equity multiplier1.42×
=Return on equity, FY202691.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 56.5% | 1.14× | 1.42× | 91.6% |
| FY2025 | -22.3% | 0.56× | 1.31× | -16.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
7of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$11.43B
- Cash generatingOperating cash flow above zero$11.67B
- Return on assets improvedROA up on the prior year-12.2% → 88.0%
- Earnings backed by cashOperating cash flow above net income$11.67B vs $11.43B
- Less leverageLong-term debt to assets fell14.1% → 0.0%
- Better liquidityCurrent ratio rose3.56 → 2.29
- No dilutionShare count did not rise145M → 155M
- Gross margin improvedGross margin up on the prior year30.07% → 71.47%
- More efficientAsset turnover rose0.54 → 1.56