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Form 8-K · Current Report · Filed 2026-08-05

Sandisk Reports Strong Q4 2026 Earnings and Approves $14B Share Repurchase

Sandisk Corporation announced robust financial results for the fiscal fourth quarter and full year ended July 3, 2026, with significant increases in revenue and net income.

Filer
SNDK SNDK
Filed
Accession
0001628280-26-053346
CIK
0002023554
Signal
Medium impact

Details

The company also approved a new $14 billion share repurchase program. The fourth quarter saw a 51% sequential revenue increase, driven by higher volumes and pricing, resulting in GAAP net income of $6.90 billion. For the full year, revenue surged 175% year-over-year to $20.25 billion, with GAAP net income at $11.43 billion. The company expects first quarter 2027 revenue to be between $10.30 billion and $10.80 billion.

Items reported

Item events

Reported Item

Earnings Beat New Major Contract General Statement

Market reaction

Close before filing

$1,427.62

Since filing

+0.0%

Latest close

$1,427.62

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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 2 Form 4 transactions — net selling of $2.0M.

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