Sandisk Corp (SNDK) stock

SNDKNasdaqComputer Storage DevicesFiscal year ends June 28

Financials through Q1 FY2027, quarter ended Oct 2, 2026Last filing: 10-Q on Oct 30, 2026Score 17/3065% below fair value

$1150.89−179.16 (-13.47%)

Close on Oct 30, 2026Market cap $168.51BP/E 9.2Yield –

Earnings

Sandisk's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Jan 28, 2027

Q2 FY2027 · estimated, after the close

Revenue, Q1 FY2027

$11.00B

+376.2% on a year earlier

Non-GAAP diluted net income per share, Q1 FY2027

$49.51

$1.22 a year earlier

Latest guidance

Issued

Oct 29, 2026 · 10 items

Quarterly results

Revenue and earnings per share from each of Sandisk's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q2 FY2027ended Jan 2, 2027	Jan 28, 2027Expected	–	–	–	–	–
Q1 FY2027ended Oct 3, 2026	Oct 29, 2026after the close	$11.00B	+376.2%	$52.60	$49.51	Release
Q4 FY2026ended Jul 3, 2026	Aug 5, 2026after the close	$8.97B	+372.1%	$43.97	$39.25	Release
Q3 FY2026ended Apr 3, 2026	Apr 30, 2026after the close	$5.95B	+250.0%	$23.03	$23.41	Release
Q2 FY2026ended Jan 2, 2026	Jan 29, 2026after the close	$3.03B	–	$5.15	$6.20	Release
Q1 FY2026ended Oct 3, 2025	Nov 6, 2025after the close	$2.31B	–	$0.75	$1.22	Release
Q4 FY2025ended Jun 27, 2025	Aug 14, 2025after the close	$1.90B	–	-$0.16	$0.29	Release
Q3 FY2025ended Mar 28, 2025	May 7, 2025after the close	$1.70B	–	-$13.33	-$0.30	Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Sandisk's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Revenuenon-GAAP	Q2 FY2027	$12.20B – $12.60B	–	New	Oct 29, 2026
RevenueGAAP	Q2 FY2027	$12.20B – $12.60B	–	New	Oct 29, 2026
Gross MarginGAAP	Q2 FY2027	84.4% – 85.4%	–	New	Oct 29, 2026
Gross Marginnon-GAAP	Q2 FY2027	84.5% – 85.5%	–	New	Oct 29, 2026
Diluted Net Income Per Sharenon-GAAP	Q2 FY2027	$55.00 – $57.00	–	New	Oct 29, 2026
Diluted Shares Outstandingnon-GAAP	Q2 FY2027	151	–	New	Oct 29, 2026
Diluted Shares OutstandingGAAP	Q2 FY2027	151	–	New	Oct 29, 2026
Operating ExpensesGAAP	Q2 FY2027	$677.00M – $745.00M	–	New	Oct 29, 2026
Operating Expensesnon-GAAP	Q2 FY2027	$540.00M – $560.00M	–	New	Oct 29, 2026
Tax Expense (2)non-GAAP	Q2 FY2027	14.3%	–	New	Oct 29, 2026

Guidance vs results

The last range Sandisk gave before each report, against the figure it then reported. Full years add up the four quarters.

Period	Metric	Guidance	Actual	Result
Q1 FY2027	Diluted Net Income Per Share	$44.00 – $46.00	$49.51	Above range
Q1 FY2027	Revenue	$10.30B – $10.80B	$11.00B	Above range
Q4 FY2026	Diluted Net Income Per Share	$30.00 – $33.00	$39.25	Above range
Q4 FY2026	Revenue	$7.75B – $8.25B	$8.97B	Above range
Q3 FY2026	Diluted Net Income Per Share	$12.00 – $14.00	$23.41	Above range
Q3 FY2026	Revenue	$4.40B – $4.80B	$5.95B	Above range
Q2 FY2026	Diluted Net Income Per Share	$3.00 – $3.40	$6.20	Above range
Q2 FY2026	Revenue	$2.55B – $2.65B	$3.03B	Above range
Q1 FY2026	Diluted earnings (loss) per share	$0.70 – $0.90	$1.22	Above range
Q1 FY2026	Revenue	$2.10B – $2.20B	$2.31B	Above range
Q4 FY2025	Non-GAAP earnings (loss) per share	-$0.10 – $0.15	$0.29	Above range
Q4 FY2025	Revenue	$1.75B – $1.85B	$1.90B	Above range

Guidance history

Every forecast Sandisk put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Oct 29, 2026	Diluted Net Income Per Share	Q2 FY2027	$55.00 – $57.00	New
Oct 29, 2026	Gross Margin	Q2 FY2027	84.4% – 85.4%	New
Oct 29, 2026	Gross Margin	Q2 FY2027	84.5% – 85.5%	New
Oct 29, 2026	Tax Expense (2)	Q2 FY2027	14.3%	New
Oct 29, 2026	Diluted Shares Outstanding	Q2 FY2027	151	New
Oct 29, 2026	Operating Expenses	Q2 FY2027	$677.00M – $745.00M	New
Oct 29, 2026	Operating Expenses	Q2 FY2027	$540.00M – $560.00M	New
Oct 29, 2026	Diluted Shares Outstanding	Q2 FY2027	151	New
Oct 29, 2026	Revenue	Q2 FY2027	$12.20B – $12.60B	New
Oct 29, 2026	Revenue	Q2 FY2027	$12.20B – $12.60B	New
Aug 5, 2026	Diluted Net Income Per Share	Q1 FY2027	$44.00 – $46.00	New
Aug 5, 2026	Gross Margin	Q1 FY2027	83% – 84.9%	New
Aug 5, 2026	Gross Margin	Q1 FY2027	83% – 85%	New
Aug 5, 2026	Diluted Shares Outstanding	Q1 FY2027	155	New
Aug 5, 2026	Tax Expense	Q1 FY2027	15%	New
Aug 5, 2026	Operating Expenses	Q1 FY2027	$574.00M – $614.00M	New
Aug 5, 2026	Operating Expenses	Q1 FY2027	$520.00M – $540.00M	New
Aug 5, 2026	Revenue	Q1 FY2027	$10.30B – $10.80B	New
Aug 5, 2026	Revenue	Q1 FY2027	$10.30B – $10.80B	New
Apr 30, 2026	Diluted Net Income Per Share	Q4 FY2026	$30.00 – $33.00	New
Apr 30, 2026	Gross Margin	Q4 FY2026	79% – 81%	New
Apr 30, 2026	Gross Margin	Q4 FY2026	78.9% – 80.9%	New
Apr 30, 2026	Diluted Shares Outstanding	Q4 FY2026	158	New
Apr 30, 2026	Diluted Shares Outstanding	Q4 FY2026	158	New
Apr 30, 2026	Operating Expenses	Q4 FY2026	$523.00M – $558.00M	New
Apr 30, 2026	Interest and Other Income (Expense), Net	Q4 FY2026	$12.00M – $32.00M	Lowered
Apr 30, 2026	Operating Expenses	Q4 FY2026	$480.00M – $500.00M	New
Apr 30, 2026	Interest and Other Income (Expense), Net	Q4 FY2026	$10.00M – $30.00M	Lowered
Apr 30, 2026	Tax Expense	Q4 FY2026	$775.00M – $875.00M	Raised
Apr 30, 2026	Revenue	Q4 FY2026	$7.75B – $8.25B	New
Apr 30, 2026	Revenue	Q4 FY2026	$7.75B – $8.25B	New
Jan 29, 2026	Diluted Net Income Per Share	Q3 FY2026	$12.00 – $14.00	New
Jan 29, 2026	Gross Margin	Q3 FY2026	65% – 67%	New
Jan 29, 2026	Gross Margin	Q3 FY2026	64.9% – 66.9%	New
Jan 29, 2026	Operating Expenses	Q3 FY2026	$496.00M – $532.00M	New
Jan 29, 2026	Interest and Other Expense, Net	Q3 FY2026	$23.00M – $28.00M	Lowered
Jan 29, 2026	Interest and Other Expense, Net	Q3 FY2026	$25.00M – $30.00M	Lowered
Jan 29, 2026	Tax Expense	Q3 FY2026	$325.00M – $375.00M	Raised
Jan 29, 2026	Operating Expenses	Q3 FY2026	$450.00M – $470.00M	New
Jan 29, 2026	Diluted Shares Outstanding	Q3 FY2026	157	New
Jan 29, 2026	Revenue	Q3 FY2026	$4.40B – $4.80B	New
Jan 29, 2026	Revenue	Q3 FY2026	$4.40B – $4.80B	New
Nov 6, 2025	Diluted Net Income Per Share	Q2 FY2026	$3.00 – $3.40	New
Nov 6, 2025	Gross Margin	Q2 FY2026	40.8% – 42.8%	New
Nov 6, 2025	Gross Margin	Q2 FY2026	41% – 43%	New
Nov 6, 2025	Diluted Shares Outstanding (in millions)	Q2 FY2026	155	New
Nov 6, 2025	Operating Expenses ($M)	Q2 FY2026	$497.00M – $538.00M	New
Nov 6, 2025	Interest and Other Expense, Net ($M)	Q2 FY2026	$38.00M – $43.00M	Lowered
Nov 6, 2025	Operating Expenses ($M)	Q2 FY2026	$450.00M – $475.00M	New
Nov 6, 2025	Interest and Other Expense, Net ($M)	Q2 FY2026	$40.00M – $45.00M	Lowered
Nov 6, 2025	Tax Expense ($M)	Q2 FY2026	$80.00M – $90.00M	Raised
Nov 6, 2025	Revenue ($M)	Q2 FY2026	$2.55B – $2.65B	New
Nov 6, 2025	Revenue ($M)	Q2 FY2026	$2.55B – $2.65B	New
Aug 14, 2025	Diluted earnings (loss) per share	Q1 FY2026	$0.70 – $0.90	New
Aug 14, 2025	Gross margin	Q1 FY2026	28.3% – 29.2%	New
Aug 14, 2025	Gross margin	Q1 FY2026	28.5% – 29.5%	New
Aug 14, 2025	Diluted shares outstanding (in millions)	Q1 FY2026	148	New
Aug 14, 2025	Operating expenses ($M)	Q1 FY2026	$475.00M – $490.00M	New
Aug 14, 2025	Interest and other expense, net ($M)	Q1 FY2026	$38.00M – $43.00M	Lowered
Aug 14, 2025	Operating expenses ($M)	Q1 FY2026	$415.00M – $430.00M	New
Aug 14, 2025	Interest and other expense, net ($M)	Q1 FY2026	$40.00M – $45.00M	Lowered
Aug 14, 2025	Tax expense ($M)	Q1 FY2026	$35.00M – $40.00M	Lowered
Aug 14, 2025	Revenue ($B)	Q1 FY2026	$2.10B – $2.20B	New
Aug 14, 2025	Revenue ($B)	Q1 FY2026	$2.10B – $2.20B	New
May 7, 2025	Non-GAAP earnings (loss) per share	Q4 FY2025	-$0.10 – $0.15	New
May 7, 2025	Gross margin	Q4 FY2025	25.3% – 26.7%	New
May 7, 2025	Gross margin	Q4 FY2025	25.5% – 27%	New
May 7, 2025	Operating expenses ($M)	Q4 FY2025	$440.00M – $460.00M	New
May 7, 2025	Interest and other expense, net ($M)	Q4 FY2025	$43.00M – $48.00M	Lowered
May 7, 2025	Operating expenses ($M)	Q4 FY2025	$395.00M – $405.00M	New
May 7, 2025	Interest and other expense, net ($M)	Q4 FY2025	$45.00M – $50.00M	Lowered
May 7, 2025	Tax expense ($M)	Q4 FY2025	$22.00M – $25.00M	Lowered
May 7, 2025	revenue	Q4 FY2025	$1.75B – $1.85B	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.