# Sandisk Corporation (SNDK) · Edgar & Edgarette company card

> Sandisk (SNDK) grew revenue 175% in FY2026 to $20.2 billion, operating margin 61.2% against a 3.1% median for computer storage devices, equity 69.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 2023554 · fiscal year ended 2026-07-03 · 4 audited years read · [page](https://www.pops4.com/boards/company/SNDK) · [JSON](https://www.pops4.com/boards/company/SNDK.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $20.2B |
| Revenue growth, 1 year | 175.3% |
| Revenue growth per year | 49.1% |
| Operating margin | 61.2% (prior year -18.7%) |
| Net margin | 56.5% |
| Operating cash flow | $11.7B |
| Capital spending | $177M |
| Free cash flow | $11.5B |
| Cash | $4.8B |
| Long-term debt | $0 |
| Total assets | $22.5B |
| Total equity | $15.7B |
| Equity ÷ assets | 69.9% |
| Return on equity | 72.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 9.64 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -0.71 (above the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±43%

## Edgarette's reading

Exposure: revenue $20.2B (FY2026), total debt $0K. Experience: revenue up 175.3% on the year, up 49.1% a year over 3 years; operating margin 61.2%, up from -18.7%. Soundness: equity 69.9% of assets, return on equity 72.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $25.8B and $64.8B next year (method v4.1: its own 3-year record of growth weighed at 40% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $17.2B to $93.8B. A statistical range, not company guidance. Against peers (35 filers, $50M+ revenue, its industry group): operating margin 61.2% against a 3.1% median; growth 175.3% against 6.6%.

Range logged 2026-09-24, receipt 929d84568b68c8ea, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-09-16 ([filing](https://www.sec.gov/Archives/edgar/data/2023554/000162828026062267/0001628280-26-062267-index.htm))

## Recent filings

- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/2023554/000162828026068601/0001628280-26-068601-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2023554/000162828026068243/0001628280-26-068243-index.htm)
- DEF 14A · filed 2026-10-06 · [filing](https://www.sec.gov/Archives/edgar/data/2023554/000130817926000423/0001308179-26-000423-index.htm)
- 8-K · filed 2026-09-16 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/2023554/000162828026062267/0001628280-26-062267-index.htm)
- 8-K · filed 2026-09-11 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2023554/000119312526389293/0001193125-26-389293-index.htm)
- 10-K · filed 2026-08-17 · [filing](https://www.sec.gov/Archives/edgar/data/2023554/000162828026057406/0001628280-26-057406-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0002023554.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2023554

## Cite

POPS4, Edgar & Edgarette: Sandisk Corporation (SNDK) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SNDK. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.