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Side-by-side financial comparison of Sandisk Corp (SNDK) and TE Connectivity (TEL). Click either name above to swap in a different company.
TE Connectivity is the larger business by last-quarter revenue ($4.7B vs $3.0B, roughly 1.5× Sandisk Corp). Sandisk Corp runs the higher net margin — 26.5% vs 16.1%, a 10.5% gap on every dollar of revenue. On growth, Sandisk Corp posted the faster year-over-year revenue change (78.5% vs 21.7%). Sandisk Corp produced more free cash flow last quarter ($980.0M vs $607.0M).
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.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
SNDK vs TEL — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.0B | $4.7B |
| Net Profit | $803.0M | $750.0M |
| Gross Margin | 50.9% | 37.2% |
| Operating Margin | 35.2% | 20.6% |
| Net Margin | 26.5% | 16.1% |
| Revenue YoY | 78.5% | 21.7% |
| Net Profit YoY | 141.5% | 42.0% |
| EPS (diluted) | $5.15 | $2.53 |
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.
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.3B | $4.7B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | $1.9B | $4.5B | ||
| Q1 25 | $1.7B | $4.1B | ||
| Q4 24 | $1.9B | $3.8B | ||
| Q3 24 | $1.9B | $4.1B | ||
| Q2 24 | — | $4.0B |
| Q1 26 | $803.0M | — | ||
| Q4 25 | $112.0M | $750.0M | ||
| Q3 25 | — | $663.0M | ||
| Q2 25 | $-23.0M | $638.0M | ||
| Q1 25 | $-1.9B | $13.0M | ||
| Q4 24 | $104.0M | $528.0M | ||
| Q3 24 | $211.0M | $276.0M | ||
| Q2 24 | — | $573.0M |
| Q1 26 | 50.9% | — | ||
| Q4 25 | 29.8% | 37.2% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | 26.2% | 35.3% | ||
| Q1 25 | 22.5% | 35.2% | ||
| Q4 24 | 32.3% | 35.5% | ||
| Q3 24 | 38.6% | 34.0% | ||
| Q2 24 | — | 34.8% |
| Q1 26 | 35.2% | — | ||
| Q4 25 | 7.6% | 20.6% | ||
| Q3 25 | — | 19.3% | ||
| Q2 25 | 0.9% | 18.9% | ||
| Q1 25 | -111.0% | 18.1% | ||
| Q4 24 | 10.4% | 18.0% | ||
| Q3 24 | 15.5% | 16.0% | ||
| Q2 24 | — | 19.0% |
| Q1 26 | 26.5% | — | ||
| Q4 25 | 4.9% | 16.1% | ||
| Q3 25 | — | 14.0% | ||
| Q2 25 | -1.2% | 14.1% | ||
| Q1 25 | -114.0% | 0.3% | ||
| Q4 24 | 5.5% | 13.8% | ||
| Q3 24 | 11.2% | 6.8% | ||
| Q2 24 | — | 14.4% |
| Q1 26 | $5.15 | — | ||
| Q4 25 | $0.75 | $2.53 | ||
| Q3 25 | — | $2.23 | ||
| Q2 25 | $-0.17 | $2.14 | ||
| Q1 25 | $-13.33 | $0.04 | ||
| Q4 24 | $0.72 | $1.75 | ||
| Q3 24 | $1.46 | $0.96 | ||
| Q2 24 | — | $1.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5B | $1.3B |
| Total DebtLower is stronger | $603.0M | — |
| Stockholders' EquityBook value | $10.2B | $13.0B |
| Total Assets | $13.0B | $25.6B |
| Debt / EquityLower = less leverage | 0.06× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.4B | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $1.5B | $672.0M | ||
| Q1 25 | $1.5B | $2.6B | ||
| Q4 24 | $804.0M | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | $603.0M | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $10.2B | — | ||
| Q4 25 | $9.4B | $13.0B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | $9.2B | $12.4B | ||
| Q1 25 | $9.2B | $12.1B | ||
| Q4 24 | $12.0B | $12.4B | ||
| Q3 24 | $12.1B | $12.4B | ||
| Q2 24 | — | $12.6B |
| Q1 26 | $13.0B | — | ||
| Q4 25 | $12.7B | $25.6B | ||
| Q3 25 | — | $25.1B | ||
| Q2 25 | $13.0B | $24.9B | ||
| Q1 25 | $13.0B | $23.7B | ||
| Q4 24 | $14.2B | $22.4B | ||
| Q3 24 | — | $22.9B | ||
| Q2 24 | — | $22.9B |
| Q1 26 | 0.06× | — | ||
| Q4 25 | 0.14× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.21× | — | ||
| Q4 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.0B | $865.0M |
| Free Cash FlowOCF − Capex | $980.0M | $607.0M |
| FCF MarginFCF / Revenue | 32.4% | 13.0% |
| Capex IntensityCapex / Revenue | 1.3% | 5.5% |
| Cash ConversionOCF / Net Profit | 1.27× | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $488.0M | $865.0M | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | $26.0M | $653.0M | ||
| Q4 24 | $95.0M | $878.0M | ||
| Q3 24 | $-131.0M | $1.0B | ||
| Q2 24 | — | $1.0B |
| Q1 26 | $980.0M | — | ||
| Q4 25 | $438.0M | $607.0M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $957.0M | ||
| Q1 25 | $-18.0M | $423.0M | ||
| Q4 24 | $47.0M | $673.0M | ||
| Q3 24 | $-198.0M | $829.0M | ||
| Q2 24 | — | $857.0M |
| Q1 26 | 32.4% | — | ||
| Q4 25 | 19.0% | 13.0% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | -1.1% | 10.2% | ||
| Q4 24 | 2.5% | 17.5% | ||
| Q3 24 | -10.5% | 20.4% | ||
| Q2 24 | — | 21.5% |
| Q1 26 | 1.3% | — | ||
| Q4 25 | 2.2% | 5.5% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | 2.6% | 5.6% | ||
| Q4 24 | 2.6% | 5.3% | ||
| Q3 24 | 3.6% | 5.2% | ||
| Q2 24 | — | 3.7% |
| Q1 26 | 1.27× | — | ||
| Q4 25 | 4.36× | 1.15× | ||
| Q3 25 | — | 2.14× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | — | 50.23× | ||
| Q4 24 | 0.91× | 1.66× | ||
| Q3 24 | -0.62× | 3.78× | ||
| Q2 24 | — | 1.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SNDK
| Edge | $1.7B | 55% |
| Consumer | $907.0M | 30% |
| Datacenter | $440.0M | 15% |
TEL
| Automotive Industry End Market | $1.9B | 40% |
| Digital Data Networks | $707.0M | 15% |
| Automation And Connected Living Industry End Market | $549.0M | 12% |
| Energy Industry End Market | $406.0M | 9% |
| Aerospace Defense And Marine Industry End Market | $381.0M | 8% |
| Commercial Transportation Industry End Market | $370.0M | 8% |
| Sensors Industry End Market | $212.0M | 5% |
| Medical Industry End Market | $159.0M | 3% |
