The Tip Desk

Sandisk Corp

Company Stats

Market Cap
$254.8B
as of Sep 30, 2026
Enterprise Value
$250.0B
Shares Outstanding
146.4M
Free Float
94.4%

Income Statement

Revenue
$20.2B
Operating Income
$12.4B
Net Income
$11.4B
EBITDA
$12.5B
Revenue Growth, 3Y
49.3%
FCF Margin, 3Y Avg
16.0%
FCF Margin, Worst Year
-7.1%

Cash Flow

Free Cash Flow
$11.5B
FCF Yield
4.5%
Owner FCF Yield
4.4%

Balance Sheet

Cash & Equivalents
$4.8B
Total Debt
$0
Net Cash
$4.8B
EV / EBITDA
19.94x

Returns & Capital

Share Repurchases
$4.5B
Buyback Yield, 3Y Avg
0.6%
SBC, 3Y Avg
$187.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$20.2B$11.5B56.8%
FY2025$7.4B-$120.0M-1.6%
FY2024$6.7B-$475.0M-7.1%
FY2023$6.1B-$932.0M-15.3%

Annual filing data through FY ended July 3, 2026; shares and float as of October 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage