Company research
Sandisk Corp
CIK 2023554Updated Sep 27, 2026
SecuritySNDK · NASDAQ · equity
SNDK price & chart
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NASDAQ:SNDK on TradingView ↗About the company
Sandisk is a leading developer, manufacturer and provider of data storage devices and solutions based on NAND flash technology and has significant consumer brands and franchises globally, with market leading name brand recognition. With a differentiated innovation engine driving advancements in storage and semiconductor technologies, we deliver a broad and ever-expanding portfolio of powerful flash storage solutions for everyone from students, gamers and home offices, to the largest enterprises and public clouds to capture, preserve, access and transform an ever-increasing diversity of data. Our solutions include a broad range of solid state drives (or SSDs) embedded products, removable cards, universal serial bus (or USB) drives, and wafers and components. Our broad portfolio of technology and products addresses multiple end markets of “Cloud,” “Client” and “Consumer.”
In the news
Recent filings
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Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 22,507,000,000Source | 12,985,000,000Source |
| Property, Plant and Equipment, NetUSD | 674,000,000Source | 619,000,000Source |
| GoodwillUSD | 4,994,000,000Source | 4,999,000,000Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,762,000,000Source | 1,481,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 4,708,000,000Source | 1,068,000,000Source |
| Inventory, NetUSD | 2,698,000,000Source | 2,079,000,000Source |
| Assets, CurrentUSD | 12,780,000,000Source | 5,086,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 193,000,000Source | 214,000,000Source |
| Other Assets, NoncurrentUSD | 1,369,000,000Source | 1,489,000,000Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 6,771,000,000Source | 3,769,000,000Source |
| Stockholders’ equity: | ||
| Common Stock, Value, IssuedUSD | 1,000,000Source | 1,000,000Source |
| Additional Paid in CapitalUSD | 10,879,000,000Source | 11,248,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 9,649,000,000Source | -1,784,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -256,000,000Source | -249,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 15,736,000,000Source | 9,216,000,000Source |
| Liabilities and EquityUSD | 22,507,000,000Source | 12,985,000,000Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 5,581,000,000Source | 1,427,000,000Source |
| Operating Lease, Liability, CurrentUSD | 24,000,000Source | 26,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 177,000,000Source | 193,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 161,000,000Source | 17,000,000Source |
| Other Liabilities, NoncurrentUSD | 378,000,000Source | 496,000,000Source |
| Additional Financial Items | ||
| Accrued Liabilities, CurrentUSD | 313,000,000Source | 425,000,000Source |
| Deferred Tax Liabilities, NetUSD | 95,000,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 0Source | — |
| Long-term Debt, Current MaturitiesUSD | 0Source | 20,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 0Source | 1,829,000,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 |
|---|---|---|
| Cash flows from operating activities: | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 232,000,000Source | 182,000,000Source |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in Accounts ReceivableUSD | 3,640,000,000Source | 100,000,000Source |
| Increase (Decrease) in InventoriesUSD | 619,000,000Source | 160,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 120,000,000Source | -12,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 11,671,000,000Source | 84,000,000Source |
| Cash flows from investing activities: | ||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,386,000,000Source | 556,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 177,000,000Source | 204,000,000Source |
| Cash flows from financing activities: | ||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 630,000,000Source | 13,000,000Source |
| Payments for Repurchase of Common StockUSD | 4,524,000,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -7,001,000,000Source | 518,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 3,281,000,000Source | 1,153,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 4,762,000,000Source | 1,481,000,000Source |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 116,000,000Source | 139,000,000Source |
| Income Taxes Paid, NetUSD | 146,000,000Source | 50,000,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -3,000,000Source | -5,000,000Source |
| Additional Financial Items | ||
| Share-based Payment Arrangement, ExpenseUSD | 232,000,000Source | 182,000,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 7,000,000Source | 3,000,000Source |
| DepreciationUSD | 149,000,000Source | 163,000,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 808,000,000Source | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -86,000,000Source | 25,000,000Source |
| Gain (Loss) on Disposition of BusinessUSD | -10,000,000Source | 34,000,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | — | 0Source |
| Gain (Loss) on Disposition of Other AssetsUSD | -5,000,000Source | 1,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -46,000,000Source | — |
| GoodwillUSD | 4,994,000,000Source | 4,999,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 1,830,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -160,000,000Source | -74,000,000Source |
| Income Tax Expense (Benefit)USD | 1,584,000,000Source | 162,000,000Source |
| InterestExpenseNonoperatingUSD | 73,000,000Source | 63,000,000Source |
| Inventory Write-downUSD | 91,000,000Source | — |
| Investment Income, InterestUSD | 70,000,000Source | 22,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 11,433,000,000Source | -1,641,000,000Source |
| Nonoperating Income (Expense)USD | 628,000,000Source | -102,000,000Source |
| Operating ExpensesUSD | 2,083,000,000Source | 3,589,000,000Source |
| Other Nonoperating Income (Expense)USD | -177,000,000Source | -61,000,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 |
|---|---|---|
| Total RevenueUSD | 20,248,000,000Source | 7,355,000,000Source |
| Cost of RevenueUSD | 5,776,000,000Source | 5,143,000,000Source |
| Selling, General and Administrative ExpenseUSD | 676,000,000Source | 573,000,000Source |
| Operating Income (Loss)USD | 12,389,000,000Source | -1,377,000,000Source |
| Other Nonoperating Income (Expense)USD | -177,000,000Source | -61,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 13,017,000,000Source | -1,479,000,000Source |
| Income Tax Expense (Benefit)USD | 1,584,000,000Source | 162,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 11,433,000,000Source | -1,641,000,000Source |
| Earnings Per Share, BasicUSD per share | 77.78Source | -11.32Source |
| Earnings Per Share, DilutedUSD per share | 73.76Source | -11.32Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 147,000,000Source | 145,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 155,000,000Source | 145,000,000Source |
| Interest Expense (non-operating)USD | 73,000,000Source | 63,000,000Source |
| Additional Financial Items | ||
| Current Income Tax Expense (Benefit)USD | 1,464,000,000Source | 174,000,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 149,000,000Source | 163,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 1,830,000,000Source |
| Gross ProfitUSD | 14,472,000,000Source | 2,212,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 10,874,000,000Source | -131,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -160,000,000Source | -74,000,000Source |
| Investment Income, InterestUSD | 70,000,000Source | 22,000,000Source |
| Nonoperating Income (Expense)USD | 628,000,000Source | -102,000,000Source |
| Operating ExpensesUSD | 2,083,000,000Source | 3,589,000,000Source |
| Research and Development ExpenseUSD | 1,328,000,000Source | 1,132,000,000Source |
Offerings
Registration 333-286626
- Gross proceeds
- 713581368.5
- Net proceeds
- 692173927.44
- Deal price
- 38.5
- Shares
- 18534581
- Offering price
- $38.500
- Ticker
- SNDK
Filing attachments
d157363dex991.htm · 8-K · 2026-05-15
EX-99.1 2 d157363dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sandisk Recommends Stockholders Reject “Mini-Tender” Offer by Tutanota LLC MILPITAS, Calif. - May 14, 2026 - Sandisk Corporation (Nasdaq: SNDK) (“Sandisk”) today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC (“Tutanota”) to purchase up to 100,000 shares of Sandisk’s common stock at an offer price of $1,150.00 per share. The shares subject to Tutanota’s offer represent less than 0.07% o…
Read attachment ↗sndkq2fy26ex991-pressrelea.htm · 8-K · 2026-01-29
EX-99.1 2 sndkq2fy26ex991-pressrelea.htm EX-99.1 Document Exhibit 99.1 Sandisk Reports Fiscal Second Quarter 2026 Financial Results News Summary • Second quarter revenue was $3.03 billion, up 31% sequentially and above the guidance range, with GAAP net income reported at $803 million ($5.15 diluted net income per share). Second quarter Non-GAAP diluted net income per share was $6.20. • Datacenter revenue was up 64% sequentially, driven by strong adoption among AI infrastructure builders…
Read attachment ↗sndkq1fy26ex991-pressrelea.htm · 8-K · 2025-11-06
EX-99.1 2 sndkq1fy26ex991-pressrelea.htm EX-99.1 Document Exhibit 99.1 Sandisk Reports Fiscal First Quarter 2026 Financial Results News Summary • First quarter revenue was $2.31 billion, up 21% sequentially and above the guidance range, with GAAP net income reported at $112 million ($0.75 diluted net income per share). First quarter Non-GAAP diluted net income per share was $1.22. • Datacenter revenue was up 26% sequentially, with two hyperscalers in qualification, a third hyperscaler a…
Read attachment ↗d926236dex991.htm · 8-K · 2025-08-14
EX-99.1 2 d926236dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sandisk Reports Fiscal Fourth Quarter 2025 Financial Results News Summary Fiscal fourth quarter revenue was $1.90 billion, up 12% sequentially and above the guidance range. Fiscal fourth quarter GAAP loss was $23 million ($0.16 diluted loss per share), and fourth quarter Non-GAAP diluted earnings per share (EPS) was $0.29. Fiscal first quarter 2026 revenue expected to be in the range of $2.10 billion to $2.20 billion. Fi…
Read attachment ↗sndkq3fy25ex991-pressrelea.htm · 8-K · 2025-05-07
EX-99.1 2 sndkq3fy25ex991-pressrelea.htm EX-99.1 Document Exhibit 99.1 Sandisk Reports Fiscal Third Quarter 2025 Financial Results News Summary • Third quarter revenue was $1.70 billion, down 10% sequentially and above the guidance range. • Third quarter GAAP loss was $1.93 billion ($13.33 loss per share), including a $1.83 billion goodwill impairment charge. Third quarter Non-GAAP loss per share was $0.30. • Expect fiscal fourth quarter 2025 revenue to be in the range of $1.75 billion…
Read attachment ↗d849281dex107.htm · 8-K · 2025-02-24
EX-10.7 10 d849281dex107.htm EX-10.7 EX-10.7 Exhibit 10.7 Execution Version LOAN AGREEMENT AMONG SANDISK CORPORATION, a Delaware corporation, as Lead Borrower, VARIOUS LENDERS FROM TIME TO TIME PARTY HERETO, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Collateral Agent, JPMORGAN CHASE BANK, N.A., CITIBANK, N.A., DBS BANK LTD., MIZUHO BANK, LTD., MUFG BANK, LTD., RBC CAPITAL MARKETS,1, SUMITOMO MITSUI BANKING CORPORATION, TD SECURITIES (USA) LLC, BNP PARIBAS SECUR…
Read attachment ↗