Sandisk, US80004C2008

Sandisk stock falls 3.47 percent after 175 percent fiscal growth

Published on 09/25/2026 at 12:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandisk stock posted USD 20.25 billion in fiscal 2026 revenue, up 175 percent year over year. Fiscal fourth-quarter margin reached 84.6 percent on July 3, 2026.

Sandisk, US80004C2008, Illustration mit AI erstellt.

Sandisk stock (ISIN US80004C2008) was trading at USD 1,753.62 on Nasdaq on September 24, 2026 at 4:00 p.m. ET, down 3.47 percent from the prior close of USD 1,816.57. The move came after a fiscal year in which revenue reached USD 20.25 billion, up 175 percent year over year.

Fiscal growth resets the benchmark

Sandisk reported fiscal fourth-quarter revenue of USD 8.97 billion for the period ended July 3, 2026, according to StockTitan in a filing dated August 5, 2026. Revenue increased 51 percent sequentially and 372 percent from the prior-year quarter, while GAAP net income reached USD 6.90 billion.

The quarterly gross margin was 84.6 percent, compared with 26.2 percent in the year-ago period. Diluted EPS reached USD 43.97, while non-GAAP diluted EPS was USD 39.25, giving investors two distinct measures of the sharp earnings improvement.

Data centers drive the mix

Datacenter revenue reached USD 2.98 billion in the fiscal fourth quarter, against total revenue of USD 8.97 billion, according to The Motley Fool. Fiscal 2026 datacenter revenue reached USD 5.15 billion, up 437 percent year over year, while edge revenue was USD 12.16 billion, up 195 percent.

Management guided fiscal first-quarter 2027 revenue to USD 10.30 billion to USD 10.80 billion and non-GAAP diluted EPS to USD 44.00 to USD 46.00, figures reported by StockTitan. The midpoint of that revenue range is USD 10.55 billion, which would be USD 1.58 billion above the fiscal fourth-quarter result.

Cash supports the capital plan

Sandisk held USD 4.76 billion in cash as of July 3, 2026 and generated USD 11.67 billion in fiscal-year operating cash flow. The board also approved an additional USD 14 billion share repurchase authorization, bringing the remaining authorization to USD 15.5 billion, according to StockTitan.

The numbers create a demanding comparison for the next report: quarterly revenue must rise from USD 8.97 billion to the USD 10.30 billion guidance floor, while gross margin guidance remains 83 percent to 85 percent. For investors, execution against that range is the clearest near-term test of whether the recent earnings acceleration can continue.

Stock remains below its yearly high

Sandisk stock was trading at USD 1,753.62 on Nasdaq on September 24, 2026 at 4:00 p.m. ET, with a 52-week range of USD 93.53 to USD 2,354.39. The company is registered under ticker SNDK on The Nasdaq Stock Market, as shown in a September 10, 2026 SEC filing by the SEC.