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Side-by-side financial comparison of PPL Corporation (PPL) and Sandisk Corp (SNDK). Click either name above to swap in a different company.

Sandisk Corp is the larger business by last-quarter revenue ($6.0B vs $2.3B, roughly 2.5× PPL Corporation). Sandisk Corp runs the higher net margin — 60.8% vs 11.3%, a 49.4% gap on every dollar of revenue. On growth, Sandisk Corp posted the faster year-over-year revenue change (96.7% vs 7.2%). Sandisk Corp produced more free cash flow last quarter ($3.0B vs $-614.0M). Over the past eight quarters, Sandisk Corp's revenue compounded faster (77.8% CAGR vs 1.0%).

PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.

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.

PPL vs SNDK — Head-to-Head

Bigger by revenue
SNDK
SNDK
2.5× larger
SNDK
$6.0B
$2.3B
PPL
Growing faster (revenue YoY)
SNDK
SNDK
+89.5% gap
SNDK
96.7%
7.2%
PPL
Higher net margin
SNDK
SNDK
49.4% more per $
SNDK
60.8%
11.3%
PPL
More free cash flow
SNDK
SNDK
$3.6B more FCF
SNDK
$3.0B
$-614.0M
PPL
Faster 2-yr revenue CAGR
SNDK
SNDK
Annualised
SNDK
77.8%
1.0%
PPL

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
PPL
PPL
SNDK
SNDK
Revenue
$2.3B
$6.0B
Net Profit
$266.0M
$3.6B
Gross Margin
78.4%
Operating Margin
20.3%
69.1%
Net Margin
11.3%
60.8%
Revenue YoY
7.2%
96.7%
Net Profit YoY
50.3%
273.8%
EPS (diluted)
$0.35
$23.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PPL
PPL
SNDK
SNDK
Q3 26
$6.0B
Q2 26
$3.0B
Q1 26
$3.0B
Q4 25
$2.3B
$2.3B
Q3 25
$2.2B
Q2 25
$2.0B
$1.9B
Q1 25
$2.5B
$1.7B
Q4 24
$2.2B
$1.9B
Net Profit
PPL
PPL
SNDK
SNDK
Q3 26
$3.6B
Q2 26
$803.0M
Q1 26
$803.0M
Q4 25
$266.0M
$112.0M
Q3 25
$318.0M
Q2 25
$183.0M
$-23.0M
Q1 25
$414.0M
$-1.9B
Q4 24
$177.0M
$104.0M
Gross Margin
PPL
PPL
SNDK
SNDK
Q3 26
78.4%
Q2 26
50.9%
Q1 26
50.9%
Q4 25
29.8%
Q3 25
Q2 25
26.2%
Q1 25
22.5%
Q4 24
32.3%
Operating Margin
PPL
PPL
SNDK
SNDK
Q3 26
69.1%
Q2 26
35.2%
Q1 26
35.2%
Q4 25
20.3%
7.6%
Q3 25
25.4%
Q2 25
19.9%
0.9%
Q1 25
26.6%
-111.0%
Q4 24
17.2%
10.4%
Net Margin
PPL
PPL
SNDK
SNDK
Q3 26
60.8%
Q2 26
26.5%
Q1 26
26.5%
Q4 25
11.3%
4.9%
Q3 25
14.2%
Q2 25
9.0%
-1.2%
Q1 25
16.3%
-114.0%
Q4 24
8.1%
5.5%
EPS (diluted)
PPL
PPL
SNDK
SNDK
Q3 26
$23.03
Q2 26
$5.15
Q1 26
$5.15
Q4 25
$0.35
$0.75
Q3 25
$0.43
Q2 25
$0.25
$-0.17
Q1 25
$0.56
$-13.33
Q4 24
$0.23
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PPL
PPL
SNDK
SNDK
Cash + ST InvestmentsLiquidity on hand
$1.1B
$3.7B
Total DebtLower is stronger
$18.9B
$0
Stockholders' EquityBook value
$14.9B
$13.8B
Total Assets
$45.2B
$17.1B
Debt / EquityLower = less leverage
1.27×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPL
PPL
SNDK
SNDK
Q3 26
$3.7B
Q2 26
$1.5B
Q1 26
$1.5B
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
Q2 25
$294.0M
$1.5B
Q1 25
$312.0M
$1.5B
Q4 24
$306.0M
$804.0M
Total Debt
PPL
PPL
SNDK
SNDK
Q3 26
$0
Q2 26
$603.0M
Q1 26
$603.0M
Q4 25
$18.9B
$1.4B
Q3 25
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$16.5B
Stockholders' Equity
PPL
PPL
SNDK
SNDK
Q3 26
$13.8B
Q2 26
$10.2B
Q1 26
$10.2B
Q4 25
$14.9B
$9.4B
Q3 25
$14.4B
Q2 25
$14.3B
$9.2B
Q1 25
$14.3B
$9.2B
Q4 24
$14.1B
$12.0B
Total Assets
PPL
PPL
SNDK
SNDK
Q3 26
$17.1B
Q2 26
$13.0B
Q1 26
$13.0B
Q4 25
$45.2B
$12.7B
Q3 25
$43.9B
Q2 25
$42.4B
$13.0B
Q1 25
$41.8B
$13.0B
Q4 24
$41.1B
$14.2B
Debt / Equity
PPL
PPL
SNDK
SNDK
Q3 26
0.00×
Q2 26
0.06×
Q1 26
0.06×
Q4 25
1.27×
0.14×
Q3 25
Q2 25
0.20×
Q1 25
0.21×
Q4 24
1.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PPL
PPL
SNDK
SNDK
Operating Cash FlowLast quarter
$548.0M
Free Cash FlowOCF − Capex
$-614.0M
$3.0B
FCF MarginFCF / Revenue
-26.1%
50.3%
Capex IntensityCapex / Revenue
49.5%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B
$5.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PPL
PPL
SNDK
SNDK
Q3 26
Q2 26
Q1 26
$1.0B
Q4 25
$548.0M
$488.0M
Q3 25
$966.0M
Q2 25
$602.0M
Q1 25
$513.0M
$26.0M
Q4 24
$511.0M
$95.0M
Free Cash Flow
PPL
PPL
SNDK
SNDK
Q3 26
$3.0B
Q2 26
$980.0M
Q1 26
$980.0M
Q4 25
$-614.0M
$438.0M
Q3 25
$-179.0M
Q2 25
$-328.0M
Q1 25
$-280.0M
$-18.0M
Q4 24
$-349.0M
$47.0M
FCF Margin
PPL
PPL
SNDK
SNDK
Q3 26
50.3%
Q2 26
32.4%
Q1 26
32.4%
Q4 25
-26.1%
19.0%
Q3 25
-8.0%
Q2 25
-16.1%
Q1 25
-11.0%
-1.1%
Q4 24
-15.9%
2.5%
Capex Intensity
PPL
PPL
SNDK
SNDK
Q3 26
Q2 26
Q1 26
1.3%
Q4 25
49.5%
2.2%
Q3 25
51.2%
Q2 25
45.6%
Q1 25
31.2%
2.6%
Q4 24
39.3%
2.6%
Cash Conversion
PPL
PPL
SNDK
SNDK
Q3 26
Q2 26
Q1 26
1.27×
Q4 25
2.06×
4.36×
Q3 25
3.04×
Q2 25
3.29×
Q1 25
1.24×
Q4 24
2.89×
0.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PPL
PPL

Rhode Island Regulated$539.0M23%
Other$532.0M23%
Residential$451.0M19%
Nonrelated Party$425.0M18%
Transmission$228.0M10%
Commercial$117.0M5%
Wholesale Other$23.0M1%
Industrial$14.0M1%
Related Party$13.0M1%
Wholesale Municipal$6.0M0%

SNDK
SNDK

Edge$3.7B62%
Datacenter$1.5B25%
Consumer$820.0M14%

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