Filing Flows › Sandisk (SNDK) › Guidance & outlook
Sandisk (SNDK) guidance and outlook
Sandisk (SNDK) gave its guidance on Oct 29, 2026: EPS $55.00–$57.00 for Q2 2027; Revenue $12.2B–$12.6B for Q2 2027; Gross margin 84.4%–85.4% for Q2 2027; Operating expenses $677M–$745M for Q2 2027. Sandisk's 10-Q filed Oct 30, 2026 makes 9 forward-looking statements, 1 of them new and 8 no longer said since the filing before.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | Q2 2027 | $12.2B–$12.6B | new |
| EPS | Q2 2027 | $55.00–$57.00 | new |
| Revenue | Q2 2027 | $12.2B–$12.6B | new |
| Gross margin | Q2 2027 | 84.4%–85.4% | new |
| Operating expenses | Q2 2027 | $677M–$745M | new |
| EPS | Q2 2027 | $55.00–$57.00 | new |
| Stock-based compensation | Q2 2027 | $9.0M–$12.0M | new |
| Stock-based compensation | Q2 2027 | $137M–$185M | new |
From the earnings release filed Oct 29, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Oct 30, 2026
- On October 30, 2023, Western Digital Corporation (“WDC”) announced that its board of directors (the “WDC Board of Directors”) authorized WDC management to pursue a plan to separate the Company into an independent public company (the “separation” or the “spin-off”).
- These shifts have positively impacted our business, and we expect these favorable pricing trends and product mix shifts to have a positive impact on our revenue and cash flows from operations.
- We expect AI-driven demand to persist through calendar year 2027 and beyond.
- Accordingly, we expect to invest in, and allocate resources to, high-value opportunities for both the short-term and long-term benefit of our customers and us.
- As NBMs are expected to become our predominant way of doing business, we believe that this business model will contribute to greater predictability of revenue, support production planning, and enhance supply assurance for our customers.
- We will continue to actively monitor developments impacting our business and may take additional responsive actions that we determine to be in the best interest of our business and stakeholders.
- For fiscal year 2027, we anticipate increased capital investments as we transition to newer nodes to meet the demand and technology needs of our product portfolio.
- new · (2) Includes commitments for the purchase of transferable tax credits intended to offset tax liabilities as part of the Company's tax planning strategy.
- We expect shares repurchased under the Repurchase Programs to be funded by operating cash flows.
Sandisk's latest quarter
Sandisk, Q1 FY27: revenue $11.0B (+378% year over year), operating margin 79.6%, net earnings $8.1B, operating cash flow $6.4B. The chart follows the revenue to costs, profit and cash.
Questions
Did Sandisk raise or lower its guidance?
Sandisk (SNDK) gave its guidance on Oct 29, 2026: EPS $55.00–$57.00 for Q2 2027; Revenue $12.2B–$12.6B for Q2 2027; Gross margin 84.4%–85.4% for Q2 2027; Operating expenses $677M–$745M for Q2 2027.
What does Sandisk expect?
(2) Includes commitments for the purchase of transferable tax credits intended to offset tax liabilities as part of the Company's tax planning strategy.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.