- SanDisk reported record fiscal 2026 revenue of $20.25B, a 175% year-over-year increase.
- Revenue growth was driven by a strategic pivot to high-value customers and rising demand for high-performance flash storage in AI-enabled data infrastructure.
- SanDisk moved to a business model built on multi-year customer engagements and firm financial commitments.
- SanDisk reached a net cash milestone ahead of plan and a zero-debt balance sheet by year-end.
- SanDisk authorized a share repurchase program, detailed in its definitive proxy statement for the November 17, 2026 Annual Meeting.
Quotes
“structurally higher and more durable earnings power”