Loading
Sentiment · FY2026 Q4
As of FY2026 Q3, the Tellvest earnings-call sentiment score for Sandisk Corporation (SNDK) is 9/10.
Sandisk delivered explosive Q3 results with revenue surging 251% year-over-year to $5.95 billion, driven by data center AI demand that grew 233% sequentially, while non-GAAP EPS reached $23.41 compared to $6.20 in the prior quarter. Record gross margins reflected exceptional pricing power and a favorable mix shift toward high-value enterprise SSDs, and the company launched a $6 billion share buyback program. Q4 guidance of $7.75-$8.25 billion signals continued momentum, with the Stargate QLC enterprise SSD ramping and new business models transforming earnings visibility.
Scored from Sandisk Corporation’s FY2026 Q3 earnings call. The newest quarter is available with Tellvest Pro.
Full Pro access for 30 days when you create a free account. No credit card required.
All prior quarters are free.
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2025 Q1 | $1.88B | +22.8% | $1.46 | +140.6% | 38.6% | 16.6% | 11.2% | $-198M |
| FY2025 Q2 | $1.88B | +12.7% | $0.72 | +134.6% | 32.3% | 10.4% | 5.5% | $47M |
| FY2025 Q3 | $1.70B | -0.6% | $-13.33 | -7115.8% | 22.5% | -2.5% | -114.0% | $-18M |
| FY2025 Q4 | $1.90B | +8.0% | $-0.16 | -119.3% | 26.2% | 0.9% | -1.2% | $49M |
| FY2026 Q1 | $2.31B | +22.6% | $0.75 | -48.6% | 29.8% | 8.3% | 4.9% | $438M |
| FY2026 Q2 | $3.02B | +61.2% | $5.15 | +615.3% | 50.9% | 35.5% | 26.5% | $980M |
| FY2026 Q3 | $5.95B | +251.0% | $23.03 | +272.8% | 78.4% | 69.1% | 60.8% | $2.99B |
| FY2026 Q4 | $8.96B | +371.6% | $44.83 | +28118.8% | 84.6% | 78.2% | 77.0% | $7.08B |
| Year | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 | $6.66B | — | $-4.66 | — | 16.1% | -7.0% | -10.1% | $-323M |
| FY2025 | $7.36B | +10.4% | $-11.31 | -142.7% | 30.1% | 6.6% | -22.3% | $-120M |
| FY2026 | $20.25B | +175.3% | $73.76 | +752.2% | 71.5% | 61.2% |
| 56.5% |
| $11.49B |