Sandisk Stock: the business angle

Sandisk Reports Fiscal Third Quarter 2026 Financial Results. Sandisk Stock has emerged this Friday as one of the stories drawing attention in Israel.

Key facts

• Sandisk Reports Fiscal Third Quarter 2026 Financial Results.
• Sandisk Corporation (Nasdaq: SNDK) today reported fiscal third quarter financial results. “This quarter marks a fundamental inflection point for Sandisk.
• Sandisk Announces Pricing of Secondary Offering of Common Stock.
• On February 21, 2025, Sandisk Corporation (the “Company”) completed its separation from Western Digital Corporation (“WDC”) and became a standalone publicly traded company.
• After the completion of the separation, in the third quarter of fiscal 2025, the Company identified potential impairment indicators related to the trading price of the Company’s common stock and resulting market capitalization that warranted a quantitative impairment analysis of long-lived assets and goodwill.

What we know

Going deeper, Sandisk Corporation (Nasdaq: SNDK) today reported fiscal third quarter financial results. “This quarter marks a fundamental inflection point for Sandisk.

On the substance, Sandisk Announces Pricing of Secondary Offering of Common Stock.

Beyond the headlines, On February 21, 2025, Sandisk Corporation (the “Company”) completed its separation from Western Digital Corporation (“WDC”) and became a standalone publicly traded company.

More precisely, after the completion of the separation, in the third quarter of fiscal 2025, the Company identified potential impairment indicators related to the trading price of the Company’s common stock and resulting market capitalization that warranted a quantitative impairment analysis of long-lived assets and goodwill.

It is worth noting that Sandisk to Report Fiscal Third Quarter Results on April 30, 2026.

By the numbers

At this stage, 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).

On a related note, Revenue outperformance was driven by both our mix shift toward higher-value customers, with Datacenter up 233%, and higher pricing.

Going deeper, Third quarter Non-GAAP diluted net income per share was $23.41.

On the substance, Expect fourth quarter revenue to be in the range of $7.75 billion to $8.25 billion, with expected Non-GAAP diluted net income per share to be in the range of $30.00 to $33.00.

The wider context

On a related note, Additional details can be found within the Company’s earnings presentation, which is accessible online at investor.sandisk.com.

Going deeper, the live and archived conference call/webcast and the earnings presentation can be accessed online at investor.sandisk.com.

On the substance, Sandisk is a leading developer, manufacturer and provider of data storage devices and solutions based on NAND flash technology.

Beyond the headlines, Sandisk and the Sandisk logo are registered trademarks or trademarks of Sandisk Corporation or its affiliates in the United States and/or other countries.

More precisely, as discussed further below, these Non-GAAP measures exclude, as applicable, goodwill impairment, stock-based compensation expense, business separation costs, employee termination and other, (gain) loss on business divestiture, loss on debt extinguishment, other adjustments, and income tax adjustments.

The bottom line

• After the completion of the separation, in the third quarter of fiscal 2025, the Company identified potential impairment indicators related to the trading price of the Company’s common stock and resulting market capitalization that warranted a quantitative impairment analysis of long-lived assets and goodwill.
• The live and archived conference call/webcast and the earnings presentation can be accessed online at investor.sandisk.com.
• As discussed further below, these Non-GAAP measures exclude, as applicable, goodwill impairment, stock-based compensation expense, business separation costs, employee termination and other, (gain) loss on business divestiture, loss on debt extinguishment, other adjustments, and income tax adjustments.
• Searches spiking right now: מניית SanDisk צונחת לאחר שCitron Research הכריזה על עמדת חסר מאת Investing.com, SanDisk מרחיבה את הראלי במניית הזיכרון, כשהפעילות בישראל נהנית מהזינוק, "מניית סנדיסק תמשיך לעלות ב-22%" - האנליסטים של ריימונד ג'ימס מעלים המלצה ומחיר יעד, מנכ״ל Sandisk: החברה עוברת לחוזים ארוכי טווח עם מרכזי נתונים על רקע פריחת AI מאת Investing.com.