Filing Flows › Sandisk (SNDK) › Q4 FY26 › vs Q3 FY26
Sandisk (SNDK) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Sandisk's revenue rose $3.0B (+51%) from $6.0B in Q3 FY26 to $9.0B in Q4 FY26. The biggest changes: Edge +$1.8B (+48%); Datacenter +$1.5B (+103%); Consumer −$264M (-32%). Gross margin 84.6% against 78.4% (+6.2 pts).
Sandisk, Q4 FY26: revenue $9.0B (+372% year over year), operating margin 78.5%, net earnings $6.9B, operating cash flow $7.1B. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 84.6% | 78.4% | +6.2 pts |
| Operating margin | 78.5% | 69.1% | +9.4 pts |
| Net margin | 77.0% | 60.8% | +16.2 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Edge | $5.4B | $3.7B | $1.8B | +48% |
| Datacenter | $3.0B | $1.5B | $1.5B | +103% |
| Consumer | $556M | $820M | −$264M | -32% |
| Revenue | $9.0B | $6.0B | $3.0B | +51% |
| Gross profit | $7.6B | $4.7B | $2.9B | +63% |
| Cost of revenue | $1.4B | $1.3B | $95.0M | +7% |
| Other income, net | $812M | −$4.0M | $816M | — |
| Operating profit | $7.0B | $4.1B | $2.9B | +71% |
| Operating expenses | $545M | $551M | −$6.0M | -1% |
| Pre-tax earnings | $7.8B | $4.1B | $3.7B | +91% |
| Research & development | $348M | $337M | $11.0M | +3% |
| SG&A | $197M | $161M | $36.0M | +22% |
| Net earnings | $6.9B | $3.6B | $3.3B | +91% |
| Income tax | $946M | $492M | $454M | +92% |
| Depreciation & amortization | $37.0M | $38.0M | −$1.0M | -3% |
| Share-based compensation | $67.0M | $54.0M | $13.0M | +24% |
| Working capital & other | $119M | −$669M | $788M | — |
| Operating cash flow | $7.1B | $3.0B | $4.1B | +135% |
Questions
How much did Sandisk's revenue grow quarter over quarter in Q4 FY26?
Sandisk's revenue rose $3.0B (+51%) from $6.0B in Q3 FY26 to $9.0B in Q4 FY26.
What drove Sandisk's revenue change in Q4 FY26?
Edge +$1.8B (+48%); Datacenter +$1.5B (+103%); Consumer −$264M (-32%).