Earnings ·
Sandisk reports $11.0B Q1 revenue, approves eight-for-one forward stock split effective Nov 19
SNDKSandisk Corp
Sandisk reported fiscal first quarter revenue of $11.0 billion, up 23% sequentially, with GAAP net income of $8.1 billion ($52.60 diluted EPS). The company returned $5.0 billion to shareholders through share repurchases and announced an eight-for-one forward stock split effective November 19, 2026. Sandisk expects second quarter revenue between $12.2 billion and $12.6 billion. Sandisk is a vertically integrated global semiconductor company dedicated to delivering memory technologies for data centers, edge devices, and consumer applications.