Sandisk Revenue Jumps 378% as Data Center Demand Accelerates

What drove Sandisk's 378% revenue growth?

For the quarter ended October 2, 2026, Sandisk generated $11.031 billion in revenue, compared with $2.308 billion a year earlier, as data center revenue reached $4.802 billion, up 61% sequentially, and Edge revenue climbed 320% year over year to $5.832 billion.

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Why does the growth matter for Sandisk's business?

Sandisk's GAAP gross margin expanded to 85.0% from 29.8% a year earlier, while operating income reached $8.78 billion compared with $176 million, demonstrating that higher demand is translating into substantially stronger operating profitability.

Could Sandisk's results support further SNDK stock growth?

The results strengthen the investment case for Sandisk (NASDAQ: SNDK) through accelerating data center sales, expanding margins and strong operating cash flow, although future share performance depends on sustaining demand, pricing and profitability.

How much revenue does Sandisk expect in fiscal Q2 2027?

Sandisk forecasts revenue between $12.2 billion and $12.6 billion, with non GAAP diluted earnings per share of $55 to $57 and non GAAP gross margins of 84.5% to 85.5%, all subject to the company's forward looking assumptions.

What risks could interrupt Sandisk's growth?

Consumer revenue declined 39% year over year to $397 million, while the company identifies memory pricing fluctuations, demand volatility, competition and manufacturing or supply chain disruptions as material business risks.