Filing Flows › Sandisk (SNDK) › Q1 FY27 › vs Q1 FY26
Sandisk (SNDK) Q1 FY27 vs Q1 FY26 (year over year)
Sandisk's revenue rose $8.7B (+378%) from $2.3B in Q1 FY26 to $11.0B in Q1 FY27. The biggest changes: Datacenter +$4.5B (18×); Edge +$4.4B (+320%); Consumer −$255M (-39%). Gross margin 85.0% against 29.8% (+55.2 pts).
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 draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 85.0% | 29.8% | +55.2 pts |
| Operating margin | 79.6% | 7.6% | +72.0 pts |
| Net margin | 73.4% | 4.9% | +68.6 pts |
| Free cash flow margin | 57.2% | 19.0% | +38.2 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Edge | $5.8B | $1.4B | $4.4B | +320% |
| Datacenter | $4.8B | $269M | $4.5B | 18× |
| Consumer | $397M | $652M | −$255M | -39% |
| Revenue | $11.0B | $2.3B | $8.7B | +378% |
| Gross profit | $9.4B | $687M | $8.7B | 14× |
| Cost of revenue | $1.7B | $1.6B | $32.0M | +2% |
| Other income, net | $539M | −$52.0M | $591M | — |
| Operating profit | $8.8B | $176M | $8.6B | 50× |
| Operating expenses | $598M | $511M | $87.0M | +17% |
| Pre-tax earnings | $9.3B | $124M | $9.2B | 75× |
| Research & development | $384M | $316M | $68.0M | +22% |
| SG&A | $214M | $179M | $35.0M | +20% |
| Net earnings | $8.1B | $112M | $8.0B | 72× |
| Income tax | $1.2B | $12.0M | $1.2B | 102× |
| Depreciation & amortization | $43.0M | $36.0M | $7.0M | +19% |
| Share-based compensation | $91.0M | $53.0M | $38.0M | +72% |
| Working capital & other | $1.9B | −$287M | $2.2B | — |
| Operating cash flow | $6.4B | $488M | $5.9B | 13× |
| Free cash flow (company-reported) | $6.3B | $438M | $5.9B | 14× |
| Purchases of property, plant and equipment, net | $54.0M | $50.0M | $4.0M | +8% |
Questions
How much did Sandisk's revenue grow year over year in Q1 FY27?
Sandisk's revenue rose $8.7B (+378%) from $2.3B in Q1 FY26 to $11.0B in Q1 FY27.
What drove Sandisk's revenue change in Q1 FY27?
Datacenter +$4.5B (18×); Edge +$4.4B (+320%); Consumer −$255M (-39%).