Sandisk CorpSNDKEarnings & Financial Report
Sandisk Corporation is an American multinational computer technology company based in Milpitas, California, that designs and manufactures flash memory products, including memory cards, USB flash drives, and solid-state drives. It was founded in 1988 as SunDisk by Eli Harari, Sanjay Mehrotra, and Jack Yuan. The name is a portmanteau of the founder’s name Sanjay and disk.
SNDK Q2 FY2026 Key Financial Metrics
Revenue
$3.0B
Gross Profit
$1.5B
Operating Profit
$1.1B
Net Profit
$803.0M
Gross Margin
50.9%
Operating Margin
35.2%
Net Margin
26.5%
YoY Growth
78.5%
EPS
$5.15
Sandisk Corp Q2 FY2026 Financial Summary
Sandisk Corp reported revenue of $3.0B (up 78.5% YoY) for Q2 FY2026, with a net profit of $803.0M (up 141.5% YoY) (26.5% margin). Cost of goods sold was $1.5B, operating expenses totaled $476.0M.
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $803.0M |
| Gross Margin | 50.9% |
| Operating Margin | 35.2% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
Sandisk Corp Q2 FY2026 revenue of $3.0B breaks down across 3 segments, led by Edge at $1.7B (55.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Edge | $1.7B | 55.5% |
| Consumer | $907.0M | 30.0% |
| Datacenter | $440.0M | 14.5% |
Sandisk Corp Revenue by Segment — Quarterly Trend
Sandisk Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Edge and Consumer) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Edge | $1.7B | $1.4B | — | — |
| Consumer | $907.0M | $652.0M | $501.0M | $571.0M |
| Datacenter | $440.0M | $269.0M | — | — |
Sandisk Corp Annual Revenue by Year
Sandisk Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.4B).
| Year | Annual Revenue | |
|---|---|---|
| 2025 | $7.4B | — |
Sandisk Corp Quarterly Revenue & Net Profit History
Sandisk Corp results over the last 7 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $3.0B | +78.5% | $803.0M | 26.5% |
| Q1 FY2026 | $2.3B | +23.0% | $112.0M | 4.9% |
| Q4 FY2025 | $1.9B | +1.3% | $-23.0M | -1.2% |
| Q3 FY2025 | $1.7B | -10.0% | $-1.9B | -114.0% |
| Q2 FY2025 | $1.9B | — | $104.0M | 5.5% |
| Q1 FY2025 | $1.9B | — | $211.0M | 11.2% |
| Q3 FY2024 | $1.7B | — | $27.0M | 1.6% |
Income Statement
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.88B | $1.88B | $1.70B | $1.90B | $2.31B | $3.02B |
| YoY Growth | N/A | N/A | N/A | -10.0% | 1.3% | 23.0% | 78.5% |
Balance Sheet
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | $14.23B | $12.96B | $12.98B | $12.75B | $13.00B |
| Liabilities | N/A | N/A | $2.23B | $3.80B | $3.77B | $3.37B | $2.79B |
| Equity | $10.94B | $12.13B | $12.00B | $9.16B | $9.22B | $9.38B | $10.21B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|
| Operating CF | $-131.0M | $95.0M | $26.0M | $488.0M | $1.02B |