Sandisk Corporation SNDK SPX
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States, Europe, the Middle East, Africa, Asia, and internationally. The company offers solid state drives for desktop and notebook PCs, gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs and other portable and wearable devices, automotive applications, Internet of Things, industrial, and connected home applications, as well as removable cards, universal serial bus drives, and wafers and components. It sells its products to computer manufacturers and original equipment manufacturers, datacenters, private cloud customers, cloud service providers, resellers, distributors, and retailers through its sales personnel, dealers, distributors, retailers, and subsidiaries. Sandisk Corporation was incorporated in 2024 and is based in Milpitas, California.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 39.3%.
- Excellent profit margin of 34.2%.
- Profit CAGR of 11.7% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 57.8.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SNDK Sandisk Corporation SPX | 1,694.98 | 57.81 | $251.01B | - | -12.25% | 39.30% | 9.93% | 11.71% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Oct 2025 | Dec 2025 | Jan 2026 | Mar 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 1.67B | 1.71B | 1.88B | - | 1.70B | 1.90B | 2.31B | 2.31B | 3.02B | 3.02B | 5.95B | 5.95B |
| Cost of Revenue | - | - | - | - | - | 1.31B | 1.40B | 1.62B | - | 1.48B | - | 1.29B | - |
| Gross Profit | - | 161.00M | 463.00M | 726.00M | - | 382.00M | 498.00M | 687.00M | 687.00M | 1.54B | 1.54B | 4.66B | 4.66B |
| Operating Expenses | - | - | - | - | - | 424.00M | 447.00M | 495.00M | - | 466.00M | - | 498.00M | - |
| Operating Income | - | -245.00M | 65.00M | 291.00M | - | -42.00M | 51.00M | 192.00M | 176.00M | 1.07B | 1.06B | 4.16B | 4.11B |
| EBITDA | - | - | - | - | - | -1.85B | 59.00M | 200.00M | - | 1.00B | - | 4.15B | - |
| Interest Expense | - | - | - | - | - | 16.00M | 41.00M | 40.00M | - | 25.00M | - | 6.00M | - |
| Pretax Income | - | - | - | - | - | -1.90B | -18.00M | 124.00M | - | 937.00M | - | 4.11B | - |
| Tax Provision | - | - | - | - | - | 32.00M | 5.00M | 12.00M | - | 134.00M | - | 492.00M | - |
| Net Income | -518.00M | -301.00M | 27.00M | 211.00M | - | -1.93B | -23.00M | 112.00M | 112.00M | 803.00M | 803.00M | 3.62B | 3.62B |
| Diluted EPS | - | - | 0.19 | 1.46 | - | -13.33 | -0.16 | 0.75 | 0.75 | 5.15 | 5.15 | 23.03 | 23.03 |
| R&D Expense | - | 246.00M | 277.00M | 283.00M | 279.00M | 285.00M | - | - | 316.00M | - | 327.00M | - | 337.00M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|
| Revenue | 6.09B | 6.66B | 7.36B |
| Cost of Revenue | 5.66B | 5.59B | 5.14B |
| Gross Profit | 430.00M | 1.07B | 2.21B |
| Operating Expenses | 1.73B | 1.52B | 1.71B |
| Operating Income | -1.29B | -444.00M | 507.00M |
| EBITDA | -1.52B | -239.00M | -1.25B |
| Interest Expense | 31.00M | 40.00M | 63.00M |
| Pretax Income | -2.00B | -503.00M | -1.48B |
| Tax Provision | 141.00M | 169.00M | 162.00M |
| Net Income | -2.14B | -672.00M | -1.64B |
| Diluted EPS | -14.78 | -4.63 | -11.32 |
| R&D Expense | 1.17B | 1.06B | 1.13B |
Compounded Sales Growth
| 5 Years: | 9.93% |
| 1 Year: | 251.00% |
Compounded Profit Growth
| 5 Years: | 11.71% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +4,397.16% |
| 6 Months: | +668.70% |
| 3 Months: | +166.77% |
| 1 Month: | +59.27% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jul 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|
| Total Assets | - | - | 13.51B | 12.98B |
| Current Assets | - | - | 3.55B | 5.09B |
| Cash & Equivalents | - | - | 328.00M | 1.48B |
| Inventory | - | - | 1.96B | 2.08B |
| Receivables | - | - | 935.00M | 1.07B |
| Total Liabilities | - | - | 2.42B | 3.77B |
| Current Liabilities | - | - | 2.12B | 1.43B |
| Long Term Debt | - | - | - | 1.83B |
| Total Debt | - | - | 985.00M | 2.04B |
| Total Equity | 12.98B | 11.44B | 11.08B | 9.22B |
| Shares Outstanding | - | - | - | 146.00M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|
| Operating Cash Flow | -713.00M | -309.00M | 84.00M |
| Investing Cash Flow | -189.00M | 210.00M | 556.00M |
| Financing Cash Flow | 860.00M | 136.00M | 518.00M |
| Capital Expenditure | -219.00M | -166.00M | -204.00M |
| Free Cash Flow | -932.00M | -475.00M | -120.00M |
| Net Change in Cash | -42.00M | 37.00M | 1.16B |
Ratios (Annual)
Figures in %.
| Metric | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|
| Gross Margin % | 7.1% | 16.1% | 30.1% |
| Operating Margin % | -21.3% | -6.7% | 6.9% |
| Net Margin % | -35.2% | -10.1% | -22.3% |
| ROE % | -18.7% | -6.1% | -17.8% |
| ROCE % | - | -3.9% | 4.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | FMR, LLC | 9.04% | 13.39M | $22.70B |
| 2 | Blackrock Inc. | 7.03% | 10.40M | $17.63B |
| 3 | Vanguard Capital Management LLC | 6.43% | 9.53M | $16.15B |
| 4 | State Street Corporation | 3.76% | 5.57M | $9.45B |
| 5 | Geode Capital Management, LLC | 2.84% | 4.21M | $7.14B |
| 6 | Vanguard Portfolio Management LLC | 2.42% | 3.58M | $6.06B |
| 7 | Morgan Stanley | 1.92% | 2.84M | $4.81B |
| 8 | Arrowstreet Capital, Limited Partnership | 1.91% | 2.82M | $4.79B |
| 9 | Goldman Sachs Group Inc | 1.38% | 2.04M | $3.46B |
| 10 | Jane Street Group, LLC | 1.21% | 1.79M | $3.03B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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