| Metric | Value ($ M) | Q2 FY25 |
|---|---|---|
| Revenue | 2.3K | 23.0% |
| Total Income | 2.3K | 23.0% |
| Expenditure | 2.1K | 26.8% |
| PBT | 124.00 | 28.3% |
| Net Profit | 112.00 | 7.7% |
| OPM | 7.63% | 2.77pp |
| NPM | 4.85% | 0.69pp |
| EPS | 0.77 |
Sandisk Reports Q2 FY26 Revenue $3.03 Billion, Up 61% Y/Y
04 May 2026 · 4 May, 1:35 am
Summary
Sandisk Corporation reported fiscal second quarter 2026 financial results, with revenue reaching $3.03 billion, up 31% sequentially and 61% year-over-year. GAAP net income was $803 million, or $5.15 per diluted share. The company's datacenter revenue increased significantly, driven by AI-related demand. Looking ahead, Sandisk expects third quarter revenue to be between $4.40 billion and $4.80 billion, with Non-GAAP diluted net income per share between $12.00 and $14.00.
Key Highlights
- 1
Second quarter revenue reached $3.03 billion, reflecting a 31% sequential increase and exceeding the guidance range.
- 2
GAAP net income for the second quarter was reported at $803 million, which translates to $5.15 diluted net income per share.
- 3
Non-GAAP diluted net income per share for the second quarter was $6.20.
- 4
Datacenter revenue experienced a 64% sequential increase, driven by strong adoption among AI infrastructure builders and technology companies.
- 5
The company anticipates third quarter revenue to be in the range of $4.40 billion to $4.80 billion.
- 6
Expected Non-GAAP diluted net income per share for the third quarter is projected to be in the range of $12.00 to $14.00.
Management Comments
David Goeckeler
This quarter’s performance underscores our agility in capitalizing on better product mix, accelerating enterprise SSD deployments, and strengthening market demand dynamics, all at a time when the critical role that our products play in powering AI and the world’s technology is being recognized. Our structural reset to align supply with attractive, sustained demand positions us to drive disciplined growth and deliver industry-leading financial performance.”
Informational and educational content only. Not investment advice.