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AI brief of an SEC Form 8-K · Sandisk (SNDK)

Sandisk Q4 revenue rises 51% to $8.97 billion; board approves $14 billion buyback

Positive Impact 4 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanySandisk (SNDK)
Form8-K, current report
Filed with the SECAug 5, 2026, 4:09 PM ET
Accession number0001628280-26-053346

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.

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.