Every material Form 8-K Sandisk has filed with the SEC since January 02, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Sandisk reported fiscal first quarter revenue of $11.0 billion and GAAP net income of $8.1 billion, driven by strong demand in its data center business. The company also announced an eight-for-one forward stock split effective November 19, 2026, and provided second-quarter revenue guidance between $12.2 billion and $12.6 billion.
Fiscal first quarter revenue reached $11.0 billion, up 23% sequentially.
GAAP net income was $8.1 billion, or $52.60 per diluted share.
Returned $5.0 billion to stockholders through the repurchase of 3.2 million shares.
Announced an eight-for-one forward stock split effective for stockholders of record as of November 9, 2026.
Sandisk's Compensation and Talent Committee approved compensation adjustments for Chief Technology Officer Alper Ilkbahar and Chief Legal Officer Bernard Shek on September 10, 2026, following an annual review of executive pay. The changes take effect October 1, 2026, and the filing does not state the prior salary levels, so the size of the increases cannot be determined from it.
Ilkbahar (CTO): annual base salary of $755,000 and annual short-term incentive target of 100% of base salary.
Shek (CLO): annual base salary of $618,000 and annual short-term incentive target of 100% of base salary.
CEO David Goeckeler's base salary ($1,300,000) and CFO Luis Visoso's base salary ($875,000) were not changed; the filing states no changes to Goeckeler's base salary.
Sandisk entered into Amendment No. 1 to its Loan Agreement on September 9, 2026, providing a $1.5 billion revolving credit facility that refinances the prior revolving commitments in full. The facility matures September 9, 2031, and carries a 1.375% margin on SOFR-based borrowings, which may step up or down based on leverage or credit ratings.
Revolving commitments of $1.5 billion replace prior revolving commitments under the Loan Agreement
Facility matures September 9, 2031, with no amortization
Pricing: SOFR plus 1.375% margin, or base rate plus 0.375%; commitment fee of 0.175% on undrawn amounts
Collateral and guarantees may be released if the company achieves certain investment grade corporate family ratings
Sandisk reported fiscal fourth-quarter 2026 revenue of $8.97 billion, up 51% from the prior quarter, with GAAP diluted net income per share of $43.97. The company also gave first-quarter 2027 revenue guidance of $10.30 billion to $10.80 billion and approved a $14 billion share repurchase program, which it expects to fund from operating cash flows. The buyback does not obligate the company to buy any shares and may be suspended at any time.
Q4 fiscal 2026 revenue was $8.97 billion, up from $5.95 billion in Q3; GAAP diluted EPS was $43.97 versus $23.03 in Q3.
Fiscal 2026 revenue was $20.25 billion, up 175% year over year; GAAP net income was $11.43 billion.
Q1 fiscal 2027 guidance: revenue of $10.30 billion to $10.80 billion and non-GAAP diluted EPS of $44.00 to $46.00.
Board approved a $14 billion buyback, bringing total remaining authorization to $15.5 billion.
Sandisk said it does not endorse an unsolicited mini-tender offer by Tutanota LLC to buy up to 100,000 shares at $1,150.00 per share and recommended that stockholders not tender. The company said the offer is not affiliated with Sandisk and that its price is conditioned on the closing price exceeding $1,150.00, meaning tendering holders could receive a below-market price unless Tutanota waives the condition.
Tutanota offer: up to 100,000 shares at $1,150.00 per share, less than 0.07% of common stock as of April 24, 2026
Offer expires 5:00 p.m. Eastern Time, Wednesday, May 20, 2026, unless extended by Tutanota
Stockholders who already tendered may withdraw shares before expiration under the offering documents
Sandisk reported fiscal third-quarter revenue of $5.95 billion, up 97% from the prior quarter and above its guidance range, with GAAP diluted net income per share of $23.03 versus $5.15 in the second quarter. The company guided fiscal fourth-quarter revenue to $7.75 billion to $8.25 billion and non-GAAP diluted EPS to $30.00 to $33.00, and its board approved a $6 billion share repurchase program that the company expects to fund from operating cash flows.
Q3 revenue of $5.95 billion, up 97% sequentially; Datacenter revenue of $1.47 billion, up 233%
GAAP diluted EPS of $23.03 (non-GAAP $23.41) for the quarter ended April 3, 2026, versus $5.15 in the prior quarter
Q4 fiscal 2026 guidance: revenue of $7.75 billion to $8.25 billion; non-GAAP diluted EPS of $30.00 to $33.00
Board approved a $6 billion share repurchase program; the company may suspend or discontinue it at any time
Sandisk's subsidiary agreed to buy roughly 139 million shares of Taiwan-listed Nanya Technology for about $1.0 billion, a stake of approximately 3.9% on a fully diluted basis, at a 15% discount to Nanya's 30-day average trading price. The companies also signed a multi-year strategic arrangement under which Nanya will supply Sandisk with DRAM products, which the company says supports its long-term DRAM sourcing strategy.
Purchase of about 139 million Nanya shares for an aggregate of about $1.0 billion, roughly 3.9% of Nanya's fully diluted common stock
Purchase price reflects a 15% discount to Nanya's 30-day average trading price
Shares carry a three-year statutory lock-up after delivery; the deal requires post-closing filings with Taiwan regulators
Concurrent multi-year agreement with Nanya to supply DRAM products to Sandisk
Sandisk reported fiscal second quarter 2026 results for the quarter ended January 2, 2026, with revenue of $3.03 billion, up 61% from a year earlier, and GAAP net income of $803 million, or $5.15 per diluted share. The company also guided fiscal third quarter revenue to $4.40 billion to $4.80 billion and non-GAAP diluted earnings per share to $12.00 to $14.00, both above the second-quarter levels. The filing shows a large year-over-year increase in reported profit, and the outlook is a forecast that actual results may not match.
Q2 revenue was $3.03 billion, up 61% from $1.88 billion a year earlier and up 31% from $2.31 billion in Q1.
GAAP net income was $803 million ($5.15 diluted per share), versus $104 million ($0.72 per share) a year earlier; non-GAAP diluted EPS was $6.20.
Q3 fiscal 2026 guidance: revenue of $4.40 billion to $4.80 billion and non-GAAP diluted EPS of $12.00 to $14.00.
Datacenter revenue was $440 million in Q2, up 64% from Q1.
Sandisk's board unanimously appointed Alexander Bradley as a director on December 30, 2025, serving until the next annual meeting of stockholders. The filing states he receives standard non-employee director compensation and has signed the company's standard indemnity agreement.
Appointment date: December 30, 2025, made unanimously by the Board
Bradley receives compensation under the standard non-employee director program described in the October 7, 2025 proxy statement
Company entered its standard form of indemnity agreement with Bradley, filed as Exhibit 10.10 to a February 24, 2025 8-K
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Sandisk filing is on SEC EDGAR ↗. 8-K briefs of other companies →