Filing Flows › Sandisk (SNDK) › Q1 FY27 › vs Q4 FY26
Sandisk (SNDK) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Sandisk's revenue rose $2.1B (+23%) from $9.0B in Q4 FY26 to $11.0B in Q1 FY27. The biggest changes: Datacenter +$1.8B (+61%); Edge +$400M (+7%); Consumer −$159M (-29%). Gross margin 85.0% against 84.6% (+0.4 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 85.0% | 84.6% | +0.4 pts |
| Operating margin | 79.6% | 78.5% | +1.1 pts |
| Net margin | 73.4% | 77.0% | -3.6 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Edge | $5.8B | $5.4B | $400M | +7% |
| Datacenter | $4.8B | $3.0B | $1.8B | +61% |
| Consumer | $397M | $556M | −$159M | -29% |
| Revenue | $11.0B | $9.0B | $2.1B | +23% |
| Gross profit | $9.4B | $7.6B | $1.8B | +24% |
| Cost of revenue | $1.7B | $1.4B | $270M | +20% |
| Other income, net | $539M | $812M | −$273M | -34% |
| Operating profit | $8.8B | $7.0B | $1.7B | +25% |
| Operating expenses | $598M | $545M | $53.0M | +10% |
| Pre-tax earnings | $9.3B | $7.8B | $1.5B | +19% |
| Research & development | $384M | $348M | $36.0M | +10% |
| SG&A | $214M | $197M | $17.0M | +9% |
| Net earnings | $8.1B | $6.9B | $1.2B | +17% |
| Income tax | $1.2B | $946M | $272M | +29% |
| Depreciation & amortization | $43.0M | $37.0M | $6.0M | +16% |
| Share-based compensation | $91.0M | $67.0M | $24.0M | +36% |
| Working capital & other | $1.9B | −$119M | $2.0B | — |
| Operating cash flow | $6.4B | $7.1B | −$763M | -11% |
Questions
How much did Sandisk's revenue grow quarter over quarter in Q1 FY27?
Sandisk's revenue rose $2.1B (+23%) from $9.0B in Q4 FY26 to $11.0B in Q1 FY27.
What drove Sandisk's revenue change in Q1 FY27?
Datacenter +$1.8B (+61%); Edge +$400M (+7%); Consumer −$159M (-29%).