Filing Flows › Sandisk (SNDK) › Q4 FY26
Sandisk (SNDK) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 17, 2026
Sandisk (SNDK) reported revenue of $9.0B for the fourth quarter fiscal 2026 (Q4 FY26), +372% from a year earlier and +51% from the quarter before. Operating margin was 78.5%, net earnings $6.9B (77.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.0B | +51% | +372% |
| Gross profit | $7.6B | +63% | 15× |
| Operating profit | $7.0B | +71% | 391× |
| Net earnings | $6.9B | +91% | — |
| Operating cash flow | $7.1B | +135% | 76× |
| Free cash flow | $7.1B | — | 145× |
What changed
Revenue was $9.0B in Q4 FY26, up 372% year over year and up 51% from the previous quarter. Edge was the largest line at 61% of revenue.
Gross margin was 84.6%, up 58.4 points from a year earlier. Operating profit was $7.0B, a 78.5% margin (up 77.5 points year over year). Of the extra revenue versus a year earlier, 99% reached operating profit, above the 1% margin then. Operating expenses grew 14% against revenue growth of 372%. The fastest-growing cost line was Research & development (+22%). Net earnings were $6.9B. The effective tax rate was 12.1%.
Operating cash flow was $7.1B (up 7481% year over year), 103% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.07B of share-based compensation. After purchases of property, plant and equipment, net ($0.04B), free cash flow as the company reports it was $7.1B.
Questions
What was Sandisk's revenue in the fourth quarter fiscal 2026?
Sandisk (SNDK) reported revenue of $9.0B for the fourth quarter fiscal 2026 (Q4 FY26), +372% from a year earlier and +51% from the quarter before.
Was Sandisk profitable in the fourth quarter fiscal 2026?
Operating profit was $7.0B (78.5% of revenue) and net earnings $6.9B.
Source: Sandisk 10-K on SEC EDGAR.