Sandisk 2026 Q1 Earnings Strong Revenue Beat and Raised Guidance

Generated by AI AgentDaily EarningsReviewed byAInvest News Editorial Team
Sunday, Nov 9, 2025 3:13 am ET1min read
Aime RobotAime Summary

- Sandisk reported Q1 2026 revenue of $2.31B, up 22.6% YoY, driven by hyperscaler partnerships and strong NAND demand.

- Non-GAAP EPS rose to $1.22 as operational efficiency improved, though GAAP net income declined.

- Post-earnings stock surged on outperforming guidance, with analysts citing AI-driven data center storage confidence.

- CEO highlighted 128TB eSSD production and 5 hyperscaler collaborations, while new HBF standards and Kitakami Fab2 expansion boost capacity.

- Q2 guidance ($2.55-2.65B revenue) and $3-3.40 non-GAAP EPS reflect sustained AI infrastructure demand and margin expansion.

Sandisk (SNDK) reported fiscal 2026 Q1 earnings on Nov 8, 2025, with revenue rising 22.6% year-over-year to $2.31 billion, surpassing estimates. , .

Revenue

, driven by major hyperscaler engagements, while overall revenue growth was fueled by robust demand for NAND products. The company attributed the outperformance to expanded capacity and strategic partnerships.

Earnings/Net Income

, while non-GAAP diluted EPS rose to $1.22, reflecting improved operational efficiency. The decline in GAAP net income contrasted with strong non-GAAP performance, highlighting cost management and margin stabilization.

Post-Earnings Price Action Review

, . Analysts attributed the volatility to outperforming revenue and guidance, . The stock’s sharp rise aligns with renewed investor confidence in AI-driven demand for data center storage.

CEO Commentary

CEO emphasized Sandisk’s leadership in AI-era storage, stating, “Customers are turning to

Sandisk
for our leading technology, which is exceptionally well positioned as demand strengthens.” He highlighted partnerships with five major hyperscalers and the ramping of 128TB eSSD production.

Guidance

For Q2 2026, Sandisk projects revenue of $2.55–$2.65 billion and non-GAAP diluted EPS of $3.00–$3.40, significantly above consensus estimates. The guidance reflects confidence in sustained demand and margin expansion from AI infrastructure.

Additional News

  1. Collaboration with SK hynix: Sandisk signed an MoU to standardize High Bandwidth Flash (HBF) memory, aiming to deliver 8–16x capacity at HBM-like costs.

  2. New Fabrication Facility: The Kitakami Plant’s Fab2 commenced operations, , .

  3. UltraQLC™ Technology Launch, , .

Sandisk’s strategic investments in AI infrastructure and advanced manufacturing position it to capitalize on the data center NAND market’s growth, .

Comments



Add a public comment...
No comments

No comments yet