Sandisk CorpSNDK

NasdaqTechnologyComputer Storage Devices
Price (close)
$1753.62
Market cap
$256.0B
P/E
22.4x
Revenue (TTM)
$20.2B
Net income
$11.4B
Dividend yield
—
1-year total return
1759.8%
Net margin
56.5%
Revenue growth
175.3%
Debt / equity
0.00x

What Sandisk Corp does.

Prior to February 21, 2025, we were wholly owned by Western Digital Corporation (“WDC”). As of February 21, 2025, we separated from WDC (the “separation”) and became a standalone publicly traded company, trading under the stock symbol “SNDK” on the Nasdaq Global Select Market. For more information about the separation, see Part II, Item 7., Management’s Discussion and Analysis of Financial Condition and Results of Operations and Part II, Item 8., Note 1, Organization, Basis of Presentation and Summary of Significant Accounting Policies of the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K.

Sandisk is a leading global semiconductor memory company with more than 30 years of innovation in NAND flash technology. We are a vertically integrated solutions provider with ownership of chip-level design and IP, front and back-end manufacturing, as well as systems engineering and design. With a differentiated innovation engine driving advancements in storage and semiconductor technologies, our broad and ever-expanding portfolio delivers powerful flash storage solutions for artificial intelligence (“AI”) workloads in datacenters, edge devices, and consumer applications. Our technologies enable everyone from students, gamers, and home offices to the largest enterprises and public clouds to produce, analyze, and store data. Our solutions include a broad range of solid-state drives (“SSDs”), embedded products, removable cards, universal serial bus drives and wafers and components. Our broad portfolio of technology and products addresses multiple end markets of “Datacenter”(formerly referred to as “Cloud”), “Edge” (formerly referred to as “Client”), and “Consumer.”

Revenue and profit, by fiscal year.

Fiscal year20222023202420252026
Revenue—$6.1B$6.7B$7.4B$20.2B
Net income—-$2.1B-$672.0M-$1.6B$11.4B
Free cash flow—-$932.0M-$475.0M-$120.0M$11.5B

More on SNDK.

Figures from Sandisk Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.