Q4 25 EPS
$0.29
BEAT +866.67%
Est. $0.03
Q4 25 Revenue
$1.90B
vs S&P Since Q4 25
+2,744.8%
BEATING MARKET
SNDK +2,756.8% vs S&P +12.0%
Full Year 2025 Results
FY 25 EPS
$2.99
BEAT +36.37%
Est. $2.19
FY 25 Revenue
$7.36B
BEAT +4.05%
Est. $7.07B
Market Reaction
Did SNDK Beat Earnings? Q4 2025 Results
SanDisk delivered a standout fiscal fourth quarter, its first full quarter as an independent public company, posting non-GAAP earnings of $0.29 per share against a Street consensus of just $0.03, an 866.67% beat, while revenue of $1.90 billion topped… Read more SanDisk delivered a standout fiscal fourth quarter, its first full quarter as an independent public company, posting non-GAAP earnings of $0.29 per share against a Street consensus of just $0.03, an 866.67% beat, while revenue of $1.90 billion topped estimates of $1.61 billion by 17.74% and edged up 1.0% year-over-year. The key driver behind the upside was a sharp sequential recovery in the Client end market, which generated $1.10 billion in quarterly revenue, up 19% sequentially, while Cloud revenue climbed 25% year-over-year to $213 million. Non-GAAP gross margin expanded 3.7 percentage points sequentially to 26.4%, reflecting improving cost structures as the company ramps its BiCS8 NAND technology. Shares jumped sharply in after-hours trading on the results. Management guided fiscal Q1 2026 revenue to $2.10 billion to $2.20 billion, with non-GAAP EPS of $0.70 to $0.90, signaling that improving demand and strengthening industry fundamentals are expected to sustain the momentum well into the new fiscal year.
Key Takeaways
- • Revenue exceeded guidance range, up 12% sequentially and 8% year-over-year
- • Client end market grew 19% sequentially to $1.103 billion
- • Cloud revenue grew 25% year-over-year
- • Non-GAAP gross margin expanded 3.7 percentage points sequentially to 26.4%
- • Non-GAAP operating income improved to $100M from $2M in Q3 2025
SNDK YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
SNDK Revenue by Segment
With YoY comparisons, source: SEC Filings
“Sandisk delivered strong results this quarter, with revenue and non-GAAP EPS exceeding our guidance. We continue to execute with discipline, balancing innovation and operational focus.”
— David Goeckeler, Q4 2025 Earnings Press Release
SNDK Earnings Trends
SNDK vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SNDK EPS Trend
Earnings per share: estimate vs actual
SNDK Revenue Trend
Quarterly revenue: estimate vs actual
SNDK Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 | — | $23.41 | — | $5.95B | +25.68% |
| Q2 26 BEAT | $3.54 | $6.20 | +74.97% | $3.03B | +12.54% |
| Q1 26 BEAT | $0.89 | $1.22 | +37.08% | $2.31B | — |
| Q4 25 BEAT FY | $0.03 | $0.29 | +866.67% | $1.90B | — |
| FY Full Year | $2.19 | $2.99 | +36.37% | $7.36B | +4.05% |
| Q3 25 BEAT | $-0.39 | $-0.30 | +23.72% | $1.70B | +3.99% |