Form 8-K · Current Report · Filed 2026-04-30
Sandisk Announces Strong Q3 Results and $6B Share Repurchase Program
Sandisk Corporation reported robust financial results for the fiscal third quarter of 2026, with a 97% sequential increase in revenue to $5.95 billion and a significant rise in GAAP net income to $3.615 billion.
- Filer
- SNDK SNDK
- Filed
- Accession
- 0001628280-26-028879
- CIK
- 0002023554
- Signal
- Medium impact
- Source
- Official filing on sec.gov ↗
Details
The company also announced a $6 billion share repurchase program, which is expected to be funded by operating cash flows. These results reflect the company's strategic shift towards higher-value customers and increased pricing.
Items reported
Reported Item
Market reaction
Close before filing
$1,064.21
Next session
+11.5%
Since filing
+14.2%
Latest close
$1,214.83
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from SNDK reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, SNDK insiders reported 19 Form 4 transactions — net selling of $21.6M.
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