Sandisk (SNDK) reported a record fiscal fourth quarter, highlighting the continued strength of AI-driven infrastructure spending and robust demand for high-performance storage solutions. Fourth-quarter revenue reached $8.97 billion<\/strong>, representing a remarkable 51% sequential increase<\/strong>, while GAAP net income surged to $6.90 billion<\/strong>, or $43.97 per diluted share<\/strong>.<\/p>\n\n\n\n Management noted that roughly one-third of the quarter’s revenue growth came from higher shipment volumes, while approximately two-thirds was driven by stronger pricing, reflecting favorable market conditions and increased demand for premium storage products.<\/p>\n\n\n\n For the full fiscal year 2026, Sandisk generated $20.25 billion<\/strong> in revenue, an impressive 175% year-over-year increase<\/strong>. The company’s Datacenter business was the standout performer, with revenue soaring 437%<\/strong>, fueled by accelerating investments in artificial intelligence infrastructure and a growing mix of higher-value enterprise customers.<\/p>\n\n\n\n Beyond its financial performance, Sandisk continued expanding its customer relationships. Since announcing five New Business Model (NBM) agreements during its April earnings report, the company has signed five additional agreements<\/strong>, including three with new customers and two expansions of existing partnerships, further strengthening its long-term revenue pipeline.<\/p>\n\n\n\n The board also demonstrated confidence in the company’s outlook by approving an additional $14 billion share repurchase authorization<\/strong>, increasing the total remaining buyback capacity to $15.5 billion<\/strong>.<\/p>\n\n\n\n Looking ahead, Sandisk expects fiscal first-quarter 2027 revenue between $10.30 billion and $10.80 billion<\/strong>, with projected non-GAAP earnings per share ranging from $44.00 to $46.00<\/strong>. With strong AI-related demand, expanding customer commitments, and significant capital returns, Sandisk appears well-positioned to sustain its exceptional growth trajectory.<\/p>\n","protected":false},"excerpt":{"rendered":" Strong Datacenter Momentum, New Business Agreements, and Expanded Buybacks Position the Company for Continued Growth Sandisk (SNDK) reported a record fiscal fourth quarter, highlighting the continued strength of AI-driven infrastructure spending and robust demand for high-performance storage solutions. Fourth-quarter revenue reached $8.97 billion, representing a remarkable 51% sequential increase, while GAAP net income surged to […]<\/p>\n","protected":false},"author":2,"featured_media":9405,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[]},"categories":[482,361,311,310],"tags":[421,416,418,392,977,417],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/10953"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=10953"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/10953\/revisions"}],"predecessor-version":[{"id":10954,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/10953\/revisions\/10954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/9405"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=10953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=10953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=10953"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=10953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}