- Fiscal Q4 2026 revenue was $8,965 million, up 372% from a year earlier, with gross margin of 84.6%.
- Fiscal Q1 2027 revenue guidance is $10.30 billion to $10.80 billion, with non-GAAP EPS guided to $44.00 to $46.00.
- Datacenter revenue was $2,977 million in the quarter, up 103% sequentially. Edge revenue was $5,432 million, up 48% sequentially.
- The board approved $14 billion in new buybacks, bringing the remaining authorization to $15.5 billion.
- Since the April earnings call, Sandisk signed five new agreements under its New Business Model, three with new customers and two expanding earlier deals.
- About two-thirds of fiscal Q4 sequential growth came from higher prices and one-third from higher volume. Consumer revenue fell 32% from the prior quarter.
- The stock trades at 7.75 times forward earnings as of October 6, against a sector P/E of 23.74.
Quotes
“Sandisk reported blowout fiscal Q4 2026 revenue of $8,965M with 84.6% gross margin”