Here are the 10-Q quarterly 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-Q covers the quarterly report filed between annual reports, 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) reported revenue of $11.031 billion for the three months ended October 2, 2026, compared with $2.308 billion for the three months ended October 3, 2025. Net income was $8.101 billion, versus $112 million. Management linked higher revenue to demand for NAND storage supporting AI workloads and said pricing and product-mix shifts positively affected its business. Operating cash flow was $6.363 billion, compared with $488 million.
As of October 2, 2026, the transaction price allocated to remaining performance obligations was $88.9 billion; approximately 20% is expected to be recognized as revenue over the next twelve months. Sandisk repurchased approximately 3 million shares for an aggregate purchase price of $5.0 billion during the quarter, with $10.5 billion remaining available for future repurchases as of October 2, 2026.
The board approved an eight-for-one forward stock split: holders of record as of November 9, 2026 will receive seven additional shares per share, and post-split trading is expected to begin November 20, 2026. The revolving credit facility maturity was extended from February 21, 2030 to September 9, 2031; its SOFR and base-rate margins were reduced to 1.375% and 0.375% per annum, subject to adjustments based on the Net Leverage Ratio or corporate family ratings.
Sandisk Corporation reported a sharp turnaround for the quarter ended April 3, 2026, moving to strong profitability on much higher sales. Quarterly revenue reached $5.95 billion, up from $1.70 billion a year earlier, as demand increased across Datacenter, Edge, and Consumer end markets.
Net income was $3.62 billion versus a prior-year loss of $1.93 billion, helped by much higher gross profit and the absence of last year’s large goodwill impairment. For the first nine months of fiscal 2026, revenue was $11.28 billion with net income of $4.53 billion.
The company generated $4.55 billion of cash from operations in the first nine months, lifted its cash and cash equivalents to $3.74 billion, and fully repaid its $2.0 billion term loan facility by March 4, 2026. Contract liabilities rose to $511 million, and remaining performance obligations totaled $41.6 billion, reflecting long-term customer agreements.
Sandisk Corporation reported sharply stronger quarterly results. For the quarter ended January 2, 2026, revenue reached $3,025 million, up from $1,876 million a year earlier, and net income rose to $803 million from $104 million, reflecting much higher gross profit and operating income.
Six‑month revenue was $5,333 million with net income of $915 million. Operating cash flow improved to $1,507 million, supporting a reduction of long‑term debt from $1,829 million to $583 million. The company continues to operate as an independent, NAND‑focused business after its spin‑off from Western Digital, with significant wafer supply and financial exposure tied to its Flash Ventures partnerships.
Sandisk Corporation reported quarterly results for the three months ended October 3, 2025. Revenue was $2,308 million versus $1,883 million a year ago, while net income was $112 million versus $211 million. Diluted EPS was $0.75. Operating income was $176 million and gross profit was $687 million.
Cash generation was strong, with net cash from operating activities of $488 million. The company reduced its Term Loan Facility balance by $500 million during the quarter, bringing total debt to $1,400 million (unamortized costs $49 million). Cash and cash equivalents ended at $1,442 million. Inventories declined to $1,907 million.
By end market, Edge revenue was $1,387 million, Consumer $652 million, and Datacenter $269 million. Top 10 customers represented 40% of net revenue, down from 53% a year earlier. The company recorded a $10 million loss related to a business divestiture adjustment. As of October 3, 2025, Western Digital held 5.1% of Sandisk’s common stock. Commitments tied to Flash Ventures include remaining lease guarantees of $1,219 million and a maximum reasonably estimable loss exposure of $3,094 million.