NASDAQ$SNDK

Sandisk Corp/DE · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Sandisk reported Q2 2026, revenue of $3.02B, net income of $803M.

For Q2 2026, Sandisk reported revenue of $3.02B, net income of $803M. The filing discusses segment trends, liquidity, and management's outlook for upcoming periods.

  • Revenue $3.02B.
  • Net income $803M.
  • Sandisk updated capital allocation and operating priorities.

Headline financials

Total Revenue

$3.03B

Previous: $1.88B+61.2%
EPS (adj)

$6.20

No prior period
Capital Expenditures

-$89M

Previous: -$115M+22.6%
Free Cash Flow

$714M

No prior period
Net Income

$803M

Previous: $104M+672.1%
Operating Income

$1.07B

No prior period
Gross Profit

$1.54B

No prior period
Cash & Equivalents

$1.54B

No prior period
Total Assets

$13B

No prior period

Revenue & EPS history

Sandisk Corp/DE · Revenue · Quarterly

$3.03B

Q2 2026+61.2%vs Q2 2025
Beat estimate in 3 of 3 quarters(100%)
ActualEstimate

Forward guidance

Management discusses Sandisk's outlook, including capital deployment, operating priorities, and key risks, alongside any formal guidance in the earnings materials.

Tailwinds

  • Sandisk cites execution on strategic priorities and demand in core markets.
  • Liquidity and balance sheet capacity support continued investment and returns.

Headwinds

  • Macro, rates, and input costs may pressure margins or volumes.
  • Segment mix and non-recurring items can affect sequential comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 5 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+7.4%

Avg return

Earnings day

+14.0%

Avg return

5 days after

+23.1%

Avg return

30 days after

83%

5 / 6 earnings

Positive

+15.3%

Q1 2026

Best reaction

-4.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+8.3%+28.6%+54.8%
Q2 2026+6.1%+8.4%+17.8%
Q1 2026+15.3%+36.3%+10.0%
Q4 2025-4.5%-4.9%+84.5%
Q3 2025+9.4%+7.2%+6.6%
Q2 2025+9.7%+8.5%-35.2%

Discussion

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