Sandisk (SNDK) Tops Q3 EPS by $8.75, Beats on Revenue; Offers Guidance

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Go back to Sandisk (SNDK) Tops Q3 EPS by $8.75, Beats on Revenue; Offers Guidance

Sandisk Reports Fiscal Third Quarter 2026 Financial Results

April 30, 2026 4:05 PM EDT

News Summary

Third quarter revenue was $5.95 billion, up 97% sequentially and above the guidance range, with GAAP net income reported at $3,615 million ($23.03 diluted net income per share). Revenue outperformance was driven by both our mix shift toward higher-value customers, with Datacenter up 233%, and higher pricing. Third quarter Non-GAAP diluted net income per share was $23.41. Ended the fiscal third quarter with three signed New Business Model (NBM) agreements. Signed two additional NBM agreements in the fiscal fourth quarter. Expect fourth quarter revenue to be in the range of $7.75 billion to $8.25 billion, with... More