Here are the 10-K annual reports from Sandisk Corporation (SNDK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SNDK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SNDK filings page.
Sandisk Corporation (SNDK) is a Delaware-based, standalone NAND flash data storage company spun off from Western Digital on February 21, 2025. It designs and manufactures flash-based solutions across three end markets: Datacenter, Edge, and Consumer, supplying SSDs, embedded products, removable cards and USB drives.
The company relies heavily on Flash Ventures, three joint ventures with Kioxia in Japan, which supply all flash memory wafers. Sandisk owns 49.9% of each venture, must pay roughly half of fixed costs, and has extended their terms so all co-terminate on December 31, 2034. A related agreement requires Sandisk Technologies to pay Kioxia $1.2 billion from 2026–2029 for manufacturing services and continued supply.
Sandisk is highly global: international sales represented 82% of 2026 net revenue, and the company employs about 11,100 people across 33 countries. Key disclosed risks include industry cyclicality and pricing pressure, supply-chain and tariff exposure, dependence on Kioxia and other strategic partners, cybersecurity and AI-related risks, execution of long-term customer agreements and NBMs, and complexities tied to the 2025 spin-off and ongoing tax and governance obligations.