Sandisk Corp
SNDK· Nasdaq· Computer Storage Devices
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 56.8%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- –
We record prices for the companies we cover; SNDK is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 155.0M
- Revenue
- $20.2B
- Free cash flow
- $11.5B
- Owner earnings
- $11.3B
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 71.5%
- Operating
- 61.2%
- Net
- 56.5%
- Free cash flow
- 56.8%
- Owner earnings
- 55.6%
- Stock pay
- 1.1%
Returns
- ROIC, FY2026
- 99.2%
- ROIC, 5 yr avg
- –
- ROE, FY2026
- 72.7%
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 49.3%
- Revenue, 5 yr
- –
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
Financial health · FY2026
- Cash and investments
- $4.8B
- Total debt
- $0
- Net cash
- $4.8B
- Debt/Equity
- 0.0x
- Debt/FCF
- 0.0x
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- –
Financials: ten years from the 10-Ks
Revenue
$20.2B
+49.3% a year over 3 years
FY2023FY2026
Margins
Gross71.5%Operating61.2%Net56.5%
FY2026
FY2023FY2026
Free cash flow and owner earnings
Free cash flow$11.5BOwner earnings$11.3B
FY2026
FY2023FY2026
Diluted shares
155.0M
+6.9% over 3 years, net dilution
FY2023FY2026
Return on invested capital
99.2%
FY2026
FY2023FY2026
Net cash
$4.8B
$4.8B more cash than debt
FY2023FY2026
Every figure, year by year
| Fiscal year | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|
| The business | ||||
| Revenue | $6.1B | $6.7B | $7.4B | $20.2B |
| Revenue growth | – | 9.5% | 10.4% | 175.3% |
| Gross margin | 7.1% | 16.1% | 30.1% | 71.5% |
| Operating margin | -33.4% | -7.0% | -18.7% | 61.2% |
| Net income | -$2.1B | -$672.0M | -$1.6B | $11.4B |
| Net margin | -35.2% | -10.1% | -22.3% | 56.5% |
| Diluted EPS | $-14.78 | $-4.63 | $-11.32 | $73.76 |
| Return on invested capital? | – | – | – | 99.2% |
| Cash | ||||
| Operating cash flow | -$713.0M | -$309.0M | $84.0M | $11.7B |
| Capital expenditure | $219.0M | $166.0M | $204.0M | $177.0M |
| Free cash flow | -$932.0M | -$475.0M | -$120.0M | $11.5B |
| Stock-based compensation | $165.0M | $149.0M | $182.0M | $232.0M |
| Owner earnings? | -$1.1B | -$624.0M | -$302.0M | $11.3B |
| Free cash flow per share | $-6.43 | $-3.28 | $-0.83 | $74.15 |
| Capital allocation | ||||
| Dividends paid | – | – | – | – |
| Share repurchases | – | $0 | $0 | $4.5B |
| Diluted shares | 145.0M | 145.0M | 145.0M | 155.0M |
| Share count change? | – | 0.0% | 0.0% | 6.9% |
| Balance sheet | ||||
| Cash and equivalents | $292.0M | $328.0M | $1.5B | $4.8B |
| Short-term investments | – | – | – | – |
| Total debt | – | $0 | $1.8B | $0 |
| Net debt | – | -$328.0M | $368.0M | -$4.8B |
| Shareholders' equity | $11.4B | $11.1B | $9.2B | $15.7B |
Latest filings
| 2026-10-30 | 10-Q | Quarterly report |
| 2026-10-29 | 8-K | Earnings release |
| 2026-10-06 | DEF 14A | Proxy statement |
| 2026-08-17 | 10-K | Annual report |
| 2026-08-05 | 8-K | Earnings release |
| 2026-05-01 | 10-Q | Quarterly report |
| 2026-04-30 | 8-K | Earnings release |
| 2026-01-30 | 10-Q | Quarterly report |
| 2026-01-29 | 8-K | Earnings release |
| 2025-11-07 | 10-Q | Quarterly report |
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