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

SMITHFIELD FOODS INC is the larger business by last-quarter revenue ($3.8B vs $3.0B, roughly 1.3× Sandisk Corp). Sandisk Corp runs the higher net margin — 26.5% vs 6.6%, a 20.0% gap on every dollar of revenue. On growth, Sandisk Corp posted the faster year-over-year revenue change (78.5% vs 0.8%).

Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, S...

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.

SFD vs SNDK — Head-to-Head

Bigger by revenue
SFD
SFD
1.3× larger
SFD
$3.8B
$3.0B
SNDK
Growing faster (revenue YoY)
SNDK
SNDK
+77.7% gap
SNDK
78.5%
0.8%
SFD
Higher net margin
SNDK
SNDK
20.0% more per $
SNDK
26.5%
6.6%
SFD

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
SFD
SFD
SNDK
SNDK
Revenue
$3.8B
$3.0B
Net Profit
$249.0M
$803.0M
Gross Margin
13.4%
50.9%
Operating Margin
8.8%
35.2%
Net Margin
6.6%
26.5%
Revenue YoY
0.8%
78.5%
Net Profit YoY
9.7%
141.5%
EPS (diluted)
$5.15

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
SFD
SFD
SNDK
SNDK
Q1 26
$3.8B
$3.0B
Q4 25
$4.2B
$2.3B
Q3 25
$3.7B
Q2 25
$3.8B
$1.9B
Q1 25
$3.8B
$1.7B
Q4 24
$4.0B
$1.9B
Q3 24
$3.3B
$1.9B
Q2 24
$3.4B
Net Profit
SFD
SFD
SNDK
SNDK
Q1 26
$249.0M
$803.0M
Q4 25
$327.0M
$112.0M
Q3 25
$248.0M
Q2 25
$188.0M
$-23.0M
Q1 25
$224.0M
$-1.9B
Q4 24
$205.0M
$104.0M
Q3 24
$291.0M
$211.0M
Q2 24
$301.0M
Gross Margin
SFD
SFD
SNDK
SNDK
Q1 26
13.4%
50.9%
Q4 25
14.2%
29.8%
Q3 25
12.8%
Q2 25
13.2%
26.2%
Q1 25
13.5%
22.5%
Q4 24
13.5%
32.3%
Q3 24
14.3%
38.6%
Q2 24
15.4%
Operating Margin
SFD
SFD
SNDK
SNDK
Q1 26
8.8%
35.2%
Q4 25
9.5%
7.6%
Q3 25
8.3%
Q2 25
6.9%
0.9%
Q1 25
8.5%
-111.0%
Q4 24
8.5%
10.4%
Q3 24
8.5%
15.5%
Q2 24
9.8%
Net Margin
SFD
SFD
SNDK
SNDK
Q1 26
6.6%
26.5%
Q4 25
7.7%
4.9%
Q3 25
6.6%
Q2 25
5.0%
-1.2%
Q1 25
5.9%
-114.0%
Q4 24
5.2%
5.5%
Q3 24
8.7%
11.2%
Q2 24
8.8%
EPS (diluted)
SFD
SFD
SNDK
SNDK
Q1 26
$5.15
Q4 25
$0.83
$0.75
Q3 25
$0.63
Q2 25
$0.48
$-0.17
Q1 25
$0.57
$-13.33
Q4 24
$0.54
$0.72
Q3 24
$0.77
$1.46
Q2 24
$0.79

Balance Sheet & Financial Strength

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

Metric
SFD
SFD
SNDK
SNDK
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.5B
Total DebtLower is stronger
$603.0M
Stockholders' EquityBook value
$6.9B
$10.2B
Total Assets
$12.0B
$13.0B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFD
SFD
SNDK
SNDK
Q1 26
$1.4B
$1.5B
Q4 25
$1.4B
Q3 25
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$804.0M
Q3 24
Q2 24
Total Debt
SFD
SFD
SNDK
SNDK
Q1 26
$603.0M
Q4 25
$2.0B
$1.4B
Q3 25
$2.0B
Q2 25
$2.0B
$1.8B
Q1 25
$2.0B
$1.9B
Q4 24
$2.0B
Q3 24
Q2 24
Stockholders' Equity
SFD
SFD
SNDK
SNDK
Q1 26
$6.9B
$10.2B
Q4 25
$6.8B
$9.4B
Q3 25
$6.5B
Q2 25
$6.3B
$9.2B
Q1 25
$6.2B
$9.2B
Q4 24
$5.8B
$12.0B
Q3 24
$12.1B
Q2 24
Total Assets
SFD
SFD
SNDK
SNDK
Q1 26
$12.0B
$13.0B
Q4 25
$12.2B
$12.7B
Q3 25
$11.5B
Q2 25
$11.2B
$13.0B
Q1 25
$11.1B
$13.0B
Q4 24
$11.1B
$14.2B
Q3 24
Q2 24
Debt / Equity
SFD
SFD
SNDK
SNDK
Q1 26
0.06×
Q4 25
0.29×
0.14×
Q3 25
0.31×
Q2 25
0.32×
0.20×
Q1 25
0.32×
0.21×
Q4 24
0.34×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
SFD
SFD
SNDK
SNDK
Operating Cash FlowLast quarter
$1.0B
Free Cash FlowOCF − Capex
$980.0M
FCF MarginFCF / Revenue
32.4%
Capex IntensityCapex / Revenue
2.3%
1.3%
Cash ConversionOCF / Net Profit
1.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFD
SFD
SNDK
SNDK
Q1 26
$1.0B
Q4 25
$938.0M
$488.0M
Q3 25
$13.0M
Q2 25
$274.0M
Q1 25
$-166.0M
$26.0M
Q4 24
$95.0M
Q3 24
$-131.0M
Q2 24
Free Cash Flow
SFD
SFD
SNDK
SNDK
Q1 26
$980.0M
Q4 25
$842.0M
$438.0M
Q3 25
$-75.0M
Q2 25
$196.0M
Q1 25
$-245.0M
$-18.0M
Q4 24
$47.0M
Q3 24
$-198.0M
Q2 24
FCF Margin
SFD
SFD
SNDK
SNDK
Q1 26
32.4%
Q4 25
19.9%
19.0%
Q3 25
-2.0%
Q2 25
5.2%
Q1 25
-6.5%
-1.1%
Q4 24
2.5%
Q3 24
-10.5%
Q2 24
Capex Intensity
SFD
SFD
SNDK
SNDK
Q1 26
2.3%
1.3%
Q4 25
2.3%
2.2%
Q3 25
2.3%
Q2 25
2.1%
Q1 25
2.1%
2.6%
Q4 24
2.1%
2.6%
Q3 24
2.8%
3.6%
Q2 24
2.3%
Cash Conversion
SFD
SFD
SNDK
SNDK
Q1 26
1.27×
Q4 25
2.87×
4.36×
Q3 25
0.05×
Q2 25
1.46×
Q1 25
-0.74×
Q4 24
0.91×
Q3 24
-0.62×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

SFD
SFD

Segment breakdown not available.

SNDK
SNDK

Edge$1.7B55%
Consumer$907.0M30%
Datacenter$440.0M15%

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