SNDK

Sandisk Corp

Ticker: SNDKIndustrialsIndustrial MachineryS&P 500
HQ MILPITAS, CACIK 2023554FY end 06-28Book / share $101.52Shares 155M
Revenue (FY)
$20.25B+175.30%
Op. margin
61.19%+79.91%
Net income
$11.43B+796.71%
Operating cash
$11.67B+13794.05%
Free cash flow
$11.49B+9678.33%
Return on equity
72.64%+71.04%
Debt / equity
0.00-0.20%
Shares outstanding
155.0M+6.90%

The business

SanDisk Corporation (Nasdaq: SNDK) is a leading global semiconductor memory company specializing in NAND flash technology with more than thirty years of innovation in the industry. The company maintains its website at www.sandisk.com and operates as a vertically integrated solutions provider with ownership spanning chip-level design and intellectual property, front and back-end manufacturing, systems engineering, and design capabilities.

The company's business is organized around three primary end markets: Datacenter, Edge, and Consumer. The Datacenter segment serves public and private cloud environments and enterprise customers with high-performance enterprise solid-state drives and software solutions optimized for AI workloads and data analysis. The Edge market provides data solutions for original equipment manufacturers and channel customers across personal computers, mobile devices, gaming, automotive, and industrial applications. The Consumer segment offers retail and end-user products including portable SSDs, removable flash cards, and universal serial bus drives, leveraging the company's strong brand recognition and global distribution presence.

SanDisk separated from Western Digital Corporation on February 21, 2025, becoming an independent publicly traded company. The separation followed WDC's complete ownership of the company prior to that date. As of July 2026, SanDisk operates with approximately 11,100 employees across thirty-three countries, with seventy-four percent located in Asia Pacific, nineteen percent in the Americas, and seven percent in Europe, the Middle East, and Africa.

The company holds approximately 8,000 granted patents and 3,000 pending patent applications worldwide supporting its product portfolio. SanDisk manufactures flash memory through strategic joint ventures with Kioxia Corporation, operating three business ventures across eight flash-based manufacturing facilities in Japan. International sales represent a significant portion of revenue, with the company maintaining sales offices throughout major geographies including the Americas, Asia Pacific, Europe, and the Middle East.

SanDisk's competitive advantages include its differentiated innovation engine, premium consumer brand, vertically integrated manufacturing capabilities, deep customer relationships with industry leaders, and broad routes to market. The company's strategy emphasizes technology innovation, operational excellence, a broad product portfolio addressing multiple end markets, and development of durable business models through long-term customer engagement frameworks that enhance revenue predictability and reduce exposure to industry cyclicality.

Sector
Industrials
Industry
Industrial Machinery
HQ
MILPITAS, CA
FY end
06-28
CIK
2023554
SIC
3572
Financial performance · annual
20252026
$-3.83B$2.74B$9.30B$15.87B$22.44B20252026

Ownership

Who holds Sandisk Corp — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

987
funds hold it
2 of 35
superinvestors hold it
$92.01B
fund-held value
31.8%
of shares held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.47%$10.69B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.52%$8.72B
Invesco QQQ Trust, Series 1
QQQ
1.46%$7.15B
iShares Core S&P 500 ETF
IVV · iShares Trust
0.52%$4.63B
State Street(R) SPDR(R) S&P 500(R) ETF Trust
SPY
0.52%$4.08B

Superinvestors in Sandisk Corp

Stanley DruckenmillerDECREASED -8.5%
Duquesne Family Office
1.8%
Polen CapitalDECREASED -57.4%
Polen Capital Management
<0.1%

Share of each manager's reported 13F portfolio.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of Sandisk Corp's financials

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