SNDK SEC Filings

SanDisk Corporation (SNDK) reported a significant increase in revenue and net income for the three and six months ended January 2, 2026, compared to the prior year periods. This strong performance is attributed to a substantial rise in average selling prices (ASP) and an increase in exabytes sold across its Datacenter, Edge, and Consumer segments. The company has successfully completed its separation from Western Digital Corporation, operating as an independent public entity since February 21, 2025. Financially, the company saw gross profit and gross margin expand considerably, driven by favorable pricing conditions. Despite increased operating expenses, particularly in R&D and SG&A due to higher headcount and compensation, the company's operating income saw substantial growth. SanDisk also continues to manage its debt obligations effectively, with the Term Loan Facility and Revolving Credit Facility in place. The company anticipates sustained demand, particularly from AI infrastructure, and expects to increase capital investments in fiscal year 2026 to meet these needs.

Sandisk Corporation (SNDK) has filed an 8-K report on January 29, 2026, to announce its financial results for the fiscal second quarter ended January 2, 2026. The report primarily consists of a press release (Exhibit 99.1) containing these results. While the filing itself is procedural, the attached press release will contain the key financial performance metrics for the quarter, which are crucial for investors to assess the company's operational health and future outlook. Investors should pay close attention to the financial details presented in the referenced press release. This includes revenue figures, profitability margins, earnings per share (EPS), and any guidance provided by the company for upcoming quarters. The market's reaction to these results will likely influence Sandisk's stock performance. It's important to note that the information furnished in this 8-K, including the press release, is generally not considered "filed" for regulatory purposes but serves as a public disclosure mechanism for material events.

Sandisk Corporation (SNDK) has announced a key leadership change through an 8-K filing on January 1, 2026, detailing an event from December 29, 2025. The company's Board of Directors has unanimously appointed Alexander Bradley as a new member of the Board. Mr. Bradley's appointment is effective until the next annual meeting of stockholders, and his role is not contingent on any specific arrangements with other individuals. This addition to the Board is a significant development for governance and strategic oversight at Sandisk. Investors should note that Mr. Bradley's compensation will align with the existing director compensation program, as previously detailed in the company's October 7, 2025 Proxy Statement. Furthermore, Sandisk has entered into its standard indemnity agreement with Mr. Bradley, a common practice for director appointments, ensuring mutual protection. The filing indicates no material conflicts of interest or indirect material interests for Mr. Bradley in any company transactions requiring disclosure.

This 8-K filing from SanDisk Corp (SNDK) details the results of its annual meeting of stockholders held on November 18, 2025. The primary outcomes include the election of seven directors, overwhelmingly approved by shareholders. Additionally, shareholders provided advisory approval for the compensation of named executive officers and voted to have this advisory vote occur annually going forward. The appointment of KPMG LLP as the independent registered public accounting firm for fiscal year 2026 was also ratified by a significant majority. For investors, the strong approval of director elections and executive compensation signals continued confidence in the current leadership and compensation structure. The decision to hold annual advisory votes on executive compensation aligns with shareholder expectations for ongoing engagement and transparency regarding pay practices. The ratification of KPMG LLP as auditor provides continuity and reassurance regarding financial oversight.

Sandisk Corporation (SNDK) reported its fiscal third quarter 2025 results, marked by significant revenue growth and a notable shift in operational status following its separation from Western Digital Corporation (WDC) on February 21, 2025. The company generated $2.31 billion in net revenue, a 23% increase year-over-year, driven by a substantial rise in exabytes sold across its Edge and Consumer segments. Despite revenue growth, gross profit saw a slight decrease due to lower average selling prices (ASPs) and increased costs per gigabyte. The company is actively managing supply and demand, anticipating continued strong demand for its NAND flash storage solutions, particularly from the AI sector. The company has successfully transitioned to a standalone public entity, with its financial statements now reflecting its independent operations. Management is focused on investing in high-value opportunities and navigating evolving trade policies. Sandisk ended the quarter with a solid cash position of $1.44 billion and demonstrated strong operating cash flow of $488 million, positioning it to meet its working capital, debt, and capital expenditure needs. The company has also taken steps to refinance its debt, reducing its long-term debt by $500 million during the quarter.

Sandisk Corporation (SNDK) filed an 8-K on November 6, 2025, to announce its financial results for the fiscal first quarter ended October 3, 2025. The company released a press release (Exhibit 99.1) detailing these results, which is incorporated by reference into this filing. Investors should refer to the press release for specific financial performance metrics, including revenue, profitability, and any forward-looking guidance provided. While this 8-K filing itself is procedural and primarily serves to attach the press release, the attached press release is the crucial document for understanding Sandisk's operational and financial condition as of the end of its first fiscal quarter. Key metrics and management commentary within that release will provide the most direct insights into the company's performance and outlook.

Sandisk Corporation has successfully completed its separation from Western Digital Corporation (WDC) and is now operating as a standalone, publicly traded entity (SNDK). The company is a leader in developing, manufacturing, and providing data storage solutions based on NAND flash technology, serving the Cloud, Client, and Consumer end markets. For the fiscal year ended June 27, 2025, Sandisk reported a significant increase in net revenue, up 10% year-over-year, driven by strong performance in the Cloud segment due to increased enterprise SSD shipments and improved pricing. However, the company also recorded a substantial goodwill impairment charge of $1.8 billion, impacting its net income, which resulted in a net loss of $1.64 billion. Despite the net loss, the company has secured significant financing with a $2.0 billion Term Loan Facility and a $1.5 billion revolving credit facility to support its operations. The company's strategic focus remains on innovation and cost leadership to capitalize on the growing demand for data storage solutions.

Sandisk Corporation (SNDK) has filed an 8-K report on August 14, 2025, announcing its financial results for the fourth fiscal quarter ending June 27, 2025. The filing primarily serves to furnish the press release detailing these results, which is included as an exhibit. Investors should note that while the information is provided, it is furnished and not deemed 'filed' under Section 18 of the Exchange Act, meaning it does not carry the same liabilities as formally filed information regarding misstatements or omissions. The core of this report is the financial performance revealed in the press release. The specific figures and commentary on operations, financial condition, and forward-looking statements are contained within Exhibit 99.1. Investors seeking details on revenue, profitability, segment performance, and management's outlook for Sandisk should refer directly to this attached press release. The 8-K itself is a procedural filing to make these results publicly available.

Sandisk Corporation (SNDK) reported a significant net loss of $1.93 billion for the third quarter of fiscal year 2025, largely driven by a substantial $1.8 billion goodwill impairment charge. This impairment resulted from a quantitative test indicating the carrying value of the reporting unit exceeded its fair value, influenced by macroeconomic factors and industry developments. Despite the net loss, the company's strategic separation from Western Digital Corporation on February 21, 2025, is a pivotal event. Post-separation, Sandisk is operating as an independent public entity, having secured a $2 billion Term Loan Facility and a $1.5 billion revolving credit facility to manage its corporate purposes and debt obligations. Revenue showed a slight 1% decrease year-over-year for the quarter, with mixed performance across segments; Cloud revenue saw significant growth, while Client and Consumer segments experienced declines. The company is navigating a mid-cycle slowdown and potential impacts from evolving trade policies.

Sandisk Corporation (SNDK) filed an 8-K report on May 6, 2025, to announce its financial results for the fiscal third quarter ended March 28, 2025. The report primarily serves as a notification of the earnings release, with the detailed financial information contained within the attached press release (Exhibit 99.1). Investors should refer to this press release for specific performance metrics, including revenue, profitability, and any forward-looking guidance provided by the company. While this 8-K filing itself does not contain the granular financial data, it officially signals the release of this crucial information. Investors are advised to review the accompanying press release to understand the company's performance in the most recent quarter, assess trends, and evaluate potential impacts on their investment decisions. The filing also includes the standard disclaimer that the information furnished is not deemed 'filed' for purposes of Section 18 of the Exchange Act.

SanDisk Corporation (SNDK) reported a significant turnaround in its financial performance for the period ending December 26, 2024, compared to the prior year. Revenue increased by 13% year-over-year for the quarter and 18% for the first six months, driven by a substantial increase in Average Selling Prices (ASP) per gigabyte, particularly benefiting from strong growth in the Cloud segment. This revenue growth, combined with improved pricing and a favorable product mix, led to a substantial increase in gross profit and a shift from a net loss to a net income. The company has successfully completed its spin-off from Western Digital Corporation (WDC) on February 21, 2025, and began trading as an independent entity. While the company achieved profitability and positive cash flow from operations and investing activities for the six-month period, it is important for investors to note the ongoing evaluation for a potential goodwill impairment charge in the next quarter. Additionally, the company has secured significant financing through new loan agreements, including a $2 billion Term Loan B facility and a $1.5 billion revolving credit facility, to support its operations as a standalone entity.

Sandisk Corporation (SNDK) has announced a key executive change via an 8-K filing. Effective March 6, 2025, Michael R. Pokorny has been appointed as the new Chief Accounting Officer (CAO) of the company. This appointment is significant as the CAO is responsible for the company's principal accounting matters. Mr. Pokorny brings a wealth of experience from prominent technology and finance companies, including Splunk Inc., Amazon.com, Inc., and Walker & Dunlop, Inc., along with a background in public accounting and regulatory experience at the SEC. This move clarifies Sandisk's accounting leadership, with current CFO Mr. Visoso continuing to serve as Chief Financial Officer and principal financial officer, while Mr. Pokorny takes on the specific role of principal accounting officer. Investors should view this as a strategic reinforcement of the company's financial reporting and control functions, leveraging Mr. Pokorny's extensive and relevant background to ensure accuracy and compliance in financial disclosures.

Sandisk Corporation's (SNDK) latest 10-Q filing for the period ending December 26, 2024, reveals a significant turnaround and positive trajectory following its spin-off from Western Digital (WDC) on February 21, 2025. The company reported a substantial increase in net income to $104 million for the quarter and $315 million for the six-month period, a marked improvement from the prior year's net losses. Revenue growth was driven by strong performance in the Cloud segment and increased Average Selling Prices (ASPs) across most segments, despite a slight decrease in exabytes sold in the Client and Consumer markets. Key financial highlights include a robust increase in gross profit and gross margin, reflecting improved pricing and favorable product mix. The company also successfully managed its operating expenses, though R&D and SG&A saw increases due to investments in innovation and headcount. Financially, Sandisk secured significant new financing, including a $2 billion Term Loan B facility and a $1.5 billion revolving credit facility, post-period. The company is managing its liquidity and capital resources effectively, with cash and cash equivalents significantly improving to $804 million. Investors should note the ongoing assessment for potential goodwill impairment and the company's reliance on its joint venture with Kioxia (Flash Ventures) for wafer supply, which presents both opportunities and commitments.

Sandisk Corporation (SNDK) has officially completed its spin-off from Western Digital Corporation (WDC), becoming an independent public company. The separation was finalized on February 21, 2025, with Sandisk common stock commencing trading on the Nasdaq under the ticker "SNDK" on February 24, 2025. The spin-off involved the establishment of several material definitive agreements governing the terms of the separation and the ongoing relationship between Sandisk and WDC, including intellectual property and trademark licensing, tax matters, employee matters, and transition services. In conjunction with its independence, Sandisk has secured a significant debt financing package, including a $2 billion Term Loan Facility and a $1.5 billion Revolving Credit Facility. A substantial portion of the Term Loan proceeds, approximately $1.5 billion, was used to pay a dividend to WDC. The company has also established its independent board of directors and executive leadership team, along with adopting new corporate governance policies and compensation plans tailored for its new status as a standalone entity.

Sandisk Corporation (SNDK) has filed an 8-K report detailing significant amendments to its corporate governance structure in preparation for its previously announced separation from Western Digital Corporation (WDC). The primary focus of this filing is the adoption of Amended and Restated Bylaws, effective February 12, 2025, which formalize the governance framework for Sandisk as an independent entity. Investors should note that these amendments are a crucial step in the spin-off process. While this filing does not contain new financial information, it sets the stage for Sandisk's operational independence. The updated bylaws outline the rules and regulations governing the company's internal affairs, including the rights and responsibilities of shareholders, directors, and officers. Investors are advised to review the detailed summary of these bylaws, as referenced in the company's Information Statement, to understand the potential implications on their investment.

Sandisk Corporation (SNDK), a wholly owned subsidiary of Western Digital Corporation (WDC), has filed an 8-K report detailing the effectiveness of Amendment No. 3 to its Registration Statement on Form 10. This filing is a critical step towards the previously announced spin-off of WDC's flash business into an independent, publicly traded entity. The spin-off will be executed through a pro rata distribution of 80.1% of Sandisk's shares to existing WDC stockholders. This event marks Sandisk's transition to becoming a standalone company. Investors should note the key dates provided: the final information statement is expected to be mailed to WDC stockholders on or about January 31, 2025. Trading of Sandisk common stock is anticipated to commence on a "when-issued" basis on the Nasdaq under the ticker "SNDK" one business day after the record date of February 12, 2025. The spin-off is targeted for completion by 11:59 p.m. Pacific time on February 21, 2025, with regular-way trading beginning on February 24, 2025. Investors are advised to review the information statement for comprehensive details regarding the company, risks, and the transaction itself.