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SNDK

Sandisk

Information TechnologyIndustrial MachineryS&P 500
Ticker SNDKMILPITAS, CAFiscal year ends JuneBook value per share $101.52Diluted shares 155.0M

Sandisk Corporation (Nasdaq: SNDK) develops and supplies NAND flash memory and data storage products for datacenters, edge devices and consumer applications. Its portfolio includes enterprise and client solid-state drives, embedded storage, removable memory cards, USB flash drives, wafers and components. Customers… From the company’s description.

In fiscal 2026, Sandisk reported revenue of $20.25B, up 175.3% from fiscal 2025, and net income of $11.43B. Its operating margin was 61.2%, and operations generated $11.67B in cash.

Fiscal year 2026 · ends 06-28Changes are against fiscal 2025
Sales & profitability
$20.25BFY2026
+175.3% year over year
61.19%FY2026
+79.9 percentage points
$11.43BFY2026
+796.7% year over year
72.64%FY2026
+72.6 percentage points
Cash & financing
$11.67BFY2026
+13794.0% year over year
$11.49BFY2026
+9678.3% year over year
0.00FY2026
Was 0.20× a year earlier
155.0MFY2026
+6.9% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Sandisk does

In the company’s own words

Sandisk Corporation (Nasdaq: SNDK) develops and supplies NAND flash memory and data storage products for datacenters, edge devices and consumer applications. Its portfolio includes enterprise and client solid-state drives, embedded storage, removable memory cards, USB flash drives, wafers and components. Customers include cloud service providers, enterprise users, computer manufacturers and other original equipment manufacturers, as well as resellers, distributors and retailers. Sandisk serves three end markets: Datacenter, with enterprise SSDs for cloud and business applications; Edge, with storage for computers, mobile devices, gaming, automotive, industrial and connected-home products; and Consumer, with retail SSDs and removable storage. Its products are primarily sold under the Sandisk brand, with some transitional sales under licensed Western Digital and WD brands. The company became an independent public company in February 2025 after separating from Western Digital. It obtains its flash memory wafers from joint ventures with Kioxia and sells products worldwide. In fiscal 2026, Sandisk had approximately 11,100 employees across 33 countries. Its website is www.sandisk.com.

Company details
Sector
Information Technology
Industry (SIC)
Industrial Machinery
Headquarters
MILPITAS, CA
Fiscal year end
June
CIK
2023554
SIC
3572

Financial performance, year by year

Fiscal 2025–2026 · USD
$-3.83B$2.74B$9.30B$15.87B$22.44B20252026

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Sandisk — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

987
funds hold it
2 of 35
superinvestors hold it
$92.01B
held by funds, at market
31.8%
of shares held by funds

Superinvestors in Sandisk · what they did last quarter

Stanley DruckenmillerDECREASED -8.5%
Duquesne Family Office
1.8%of 13F portfolio
Polen CapitalDECREASED -57.4%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Sandisk’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.47%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.52%of fund net assets
1.46%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.52%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

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.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Sandisk and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Sandisk's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Sandisk's last four quarterly filings that the numbers alone won't show?”
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