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SanDisk Corp (SNDK)
NASDAQ:SNDK
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
-0.3Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Sandisk reported strong financial results with significant revenue growth and an improved gross margin driven by robust demand across data center and consumer markets. The company also generated substantial free cash flow and has a positive outlook for the next quarter. However, it faced start-up and underutilization costs and warned of seasonal impacts in the consumer segment. Overall, the highlights significantly outweigh the lowlights.Company Guidance
Strong Revenue Growth
Sandisk delivered a strong quarter with revenue of $2.3 billion, up 21% sequentially and 23% year-over-year, surpassing guidance of $2.1 billion to $2.2 billion.
Data Center Business Momentum
The data center business revenue increased by 26% sequentially, reflecting strong demand from hyperscale and OEM customers.
Gross Margin Improvement
Non-GAAP gross margin for the first quarter was 29.9%, up 350 basis points quarter-over-quarter. Excluding start-up and underutilization costs, it would have been 33.1%.
Strong Free Cash Flow
The company generated $448 million in adjusted free cash flow, representing a 19.4% free cash flow margin.
Record Sales in Consumer Segment
Strong performance in the consumer segment with $652 million in revenue, up 11% quarter-over-quarter, driven by strong retail presence and partnerships like Nintendo.
Positive Outlook for Next Quarter
Guidance for the second quarter includes revenue between $2,550 million and $2,650 million, with expected non-GAAP gross margin between 41% and 43%.
SNDK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SNDK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 06, 2025 | $216.50 | $207.69 | -4.07% |
Aug 14, 2025 | $46.68 | $44.54 | -4.58% |
May 07, 2025 | $34.97 | $36.66 | +4.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SanDisk Corp (SNDK) report earnings?
SanDisk Corp (SNDK) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is SanDisk Corp (SNDK) earnings time?
SanDisk Corp (SNDK) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNDK EPS forecast?
Currently, no data Available