Loading...
•
Jun 30, 2025
Sandisk Corp/DE Q4 2025 Earnings Report
Sandisk Corp/DE posted modest revenue growth and returned to positive operating income in Q4 2025.
Key Takeaways
In Q4 2025, Sandisk generated $1.90 billion in revenue, reported a net loss of $23 million, and delivered positive operating income of $18 million on a GAAP basis. Non-GAAP EPS came in at $0.29, supported by improved product mix and NAND market recovery.
Revenue reached $1.90B, up 8% YoY and 8% sequentially
Net loss of $23M, improved from prior quarters
GAAP EPS $(0.16), Non-GAAP EPS $0.29
Returned to positive GAAP operating income of $18M
Forward Guidance
Sandisk expects strong sequential revenue growth and profitability in Q1 2026 driven by NAND pricing and product demand.
Positive Outlook
- Q1 revenue guidance of $2.10B to $2.20B
- Non-GAAP EPS guidance between $0.70 and $0.90
- Gross margin expected to improve to 28.5–29.5%
- Stronger demand in flash markets anticipated
- Operating margins projected to expand meaningfully
Challenges Ahead
- Q4 net income remained negative on a GAAP basis
- Profitability still dependent on market recovery
- Headwinds from cost inflation pressures
- Demand visibility remains limited in some end markets
- Continued R&D and CapEx investments may weigh on near-term margins
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...