What is the 13F Pro Quality Score for SNDK?

13F Pro ranks Sandisk Corp (SNDK) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View SNDK's current score at https://13fpro.ai/company/SNDK (free sign-up required for the full ranking).

Where does 13F Pro source SNDK data?

All Sandisk Corp fundamentals and ownership data come directly from SEC EDGAR. Sandisk Corp files with the SEC under CIK 2023554. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is SNDK in?

Sandisk Corp (SNDK) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives SNDK's revenue?

Per Sandisk Corp's latest 10-K filed with the SEC on 2026-08-17, the biggest revenue drivers are: Edge ($12,160M, +195% YoY); Datacenter ($5,153M, +437% YoY); Consumer ($2,935M, +29% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/SNDK.

What are SNDK's largest expenses?

Sandisk Corp's latest 10-K reports these as the largest expense items: Cost of revenue ($5,776M, 28.5% of net revenue vs 69.9% in 2025); Research and development ($1,328M, +$196M YoY); Selling, general and administrative ($676M, +$103M YoY). Sourced directly from SEC EDGAR filing text for FY2026 (53-week fiscal year ended July 3, 2026).

How often is SNDK research updated on 13F Pro?

SNDK's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Sandisk Corp(SNDK)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Technology →Nasdaqmega

Institutional-grade research for retail investors

SEC EDGAR: CIK 2023554 SNDK stock profile & AI dashboard →

13F Pro Quality Score

87.7/100

Rank #1 of 2,961 stocksTOP 1%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

94.0/100

Profitability

98.5/100

Balance Sheet

99.7/100

Earnings Quality

39.8/100

Free Cash Flow

96.6/100

Institutional Flow

90.9/100

Revenue Scale

92.6/100

Dilution Risk

53.3/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why SNDK Scores 88/100

exact factor attribution · 2026-09-11

SNDK's composite is driven by revenue growth and profitability, held back by earnings quality. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+8.8 pts

94th pct

Profitability

+7.3 pts

99th pct

Free cash flow

+7.0 pts

97th pct

Scale

+6.4 pts

93th pct

Capital efficiency

+5.0 pts

100th pct

Institutional flow

+2.0 pts

91th pct

Earnings growth

+2.0 pts

90th pct

Shareholder dilution

+0.2 pts

53th pct

Earnings quality

-1.0 pts

40th pct

Latest change (2026-08-17): 83 → 74 · ↓ Capital efficiency 96→50; ↓ Profit margin 83→66; despite ↑ earnings_quality 67→84

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

Unusual Activity in SNDK

Events flagged as statistical outliers against SNDK's own multi-year baseline — not fixed dollar thresholds.

Score shock2026-08-17
SNDK quality score dropped 9 points (83→74) on a new filing
View source filing →

SNDK Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Sandisk Corp (SNDK), a Technology sector company. 13F Pro's AI-powered ranking engine scores SNDK at 87.7/100 on a 32-signal composite quality model, placing it at rank #1 of 2,961 stocks — the top 1% of the AI-ranked universe. SNDK scores in the top quartile across balance sheet strength (99.7), profitability (98.5), free cash flow (96.6). Areas of concern include earnings quality (39.8), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Sandisk Corp reports quarterly revenue of $9.0B, net income of $6.9B, an operating margin of 78.5%. Top institutional holders of SNDK by reported 13-F value include SUSQUEHANNA INTERNATIONAL GROUP, LLP, BlackRock, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. SNDK trades on the Nasdaq exchange and files with the SEC under CIK 2023554. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SNDK daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Sandisk Corp directly from SEC EDGAR. Sandisk Corp's 13F Pro composite quality score has ranged between 27 and 88 since 2025, currently 87.7 — an improving long-term trajectory across 50 quarterly and live scoring snapshots.

✦

Fun facts about Sandisk Corp

Quirks, history, and lore behind SNDK — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. semiconductor / storage company · mid-cap · listed on Nasdaq · headquartered in Silicon Valley.
2
The Numbers
At its peak it generated roughly $5–6 billion in annual revenue, riding the wave of consumer demand for portable flash storage — a market it helped create.
3
The History
Founded in 1988, it pioneered commercializing NAND flash memory and built a long-running joint venture with Toshiba to manufacture chips in Japan.
4
The Secret
It didn't just sell chips — it owned the whole stack, designing controllers, firmware, and finished products, which made it unusually vertically integrated for a storage brand.
5
The Lore
Its little thumb-sized cards and USB drives became ubiquitous in cameras, phones, and laptops worldwide — the brand was essentially synonymous with memory cards for a generation of consumers.
6
The Giveaway
Acquired by Western Digital in 2016 for roughly $19 billion, its name lives on as a WD sub-brand — you've almost certainly got one of its SD cards in a drawer somewhere.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving SNDK's Business? Latest 10-K Breakdown

✓ 40/40 datapoints verified

AI-extracted from Sandisk Corp's 10-K filed 2026-08-17 — FY2026 (53-week fiscal year ended July 3, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose 175% to $20,248M and gross margin expanded 4,100 basis points to 71.5% as AI-driven NAND demand and pricing lifted Datacenter revenue 437%.

Biggest Revenue Drivers

Edge$12,160M+195% YoY

Higher sales and higher pricing; revenue per gigabyte increased by almost 180%

Datacenter$5,153M+437% YoY

Higher sales and higher pricing; exabytes sold up almost 120%, revenue per gigabyte up almost 150%

Biggest Revenue Drivers

Total revenue: $20,248M+175% YoY

Edge$12,160M+195% YoY

Higher sales and higher pricing; revenue per gigabyte increased by almost 180%

Datacenter$5,153M+437% YoY

Higher sales and higher pricing; exabytes sold up almost 120%, revenue per gigabyte up almost 150%

Consumer$2,935M+29% YoY

Higher pricing partially offset by lower sales; exabytes sold decreased mid-teens percent

Largest Expense Items

Cost of revenue$5,776M28.5% of net revenue vs 69.9% in 2025

Higher pricing drove gross profit up $12,260 million

Research and development$1,328M+$196M YoY

$136M higher compensation from variable pay and headcount, $28M more project spending, $24M stock compensation

Selling, general and administrative$676M+$103M YoY

$68M compensation increase, partially offset by $51M lower materials from fewer free samples

Margins: Gross margin rose to 71.5% from 30.1%, an increase of 4,100 basis points, which the filing attributes to higher sales and higher pricing amid AI-driven NAND demand.

Watch Items from the Filing

Top ten customers were 44% of total revenue in 2026, up from 40% in 2025; no single customer exceeded 10%.
All flash memory wafers come from Flash Ventures with Kioxia; commitments total $6,559M, including $1.2B paid directly to Kioxia through 2029.
New long-term customer agreements produced $1,242M contract liabilities and $1,500M refund liabilities; failure to deliver volumes could trigger damages or termination.
An $808M gain on equity securities, from the $1,777M Nanya stake, drove 6% of pretax income and is unrelated to core operations.
Board authorized $6.0B then an additional $14.0B of buybacks; $4.5B repurchased in 2026 with Term Loan Facility settled in full.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-K on SEC EDGAR →Share on X

Revenue

Q2 2026

$9.0B

Net Income

Q2 2026

$6.9B

Free Cash Flow

Q2 2026

$7.1B

Operating Margin

Q2 2026

78.5%

D/E Ratio

Q2 2026

0.00

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+175.3% YoY

$20.25BFY 2026

FY23 $6.09BFY24 $6.66BFY25 $7.36BFY26 $20.25B

Net Income

+796.7% YoY

$11.43BFY 2026

FY23 $-2.14BFY24 $-672.0MFY25 $-1.64BFY26 $11.43B

Operating Income

+999.7% YoY

$12.39BFY 2026

FY23 $-2.04BFY24 $-468.0MFY25 $-1.38BFY26 $12.39B

EPS (Diluted)

+751.6% YoY

$73.76FY 2026

FY23 $-14.78FY24 $-4.63FY25 $-11.32FY26 $73.76

Total Assets

+73.3% YoY

$22.51BFY 2026

FY23 —FY24 $13.51BFY25 $12.98BFY26 $22.51B

Total Debt

-100.0% YoY

$0.00FY 2026

FY23 —FY24 $0.00FY25 $1.87BFY26 $0.00

Op. Cash Flow

+13794.0% YoY

$11.67BFY 2026

FY23 $-713.0MFY24 $-309.0MFY25 $84.0MFY26 $11.67B

Free Cash Flow

+9678.3% YoY

$11.49BFY 2026

FY23 $-932.0MFY24 $-475.0MFY25 $-120.0MFY26 $11.49B

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Revenue	$20.25B +175.3%	$7.36B +10.4%	$6.66B +9.5%	$6.09B	—
Net Income	$11.43B +796.7%	$-1.64B -144.2%	$-672.0M +68.6%	$-2.14B	—
Operating Income	$12.39B +999.7%	$-1.38B -194.2%	$-468.0M +77.0%	$-2.04B	—
EPS (Diluted)	$73.76 +751.6%	$-11.32 -144.5%	$-4.63 +68.7%	$-14.78	—
Total Assets	$22.51B +73.3%	$12.98B -3.9%	$13.51B	—	—
Total Debt	$0.00 -100.0%	$1.87B	$0.00	—	—
Operating Cash Flow	$11.67B +13794.0%	$84.0M +127.2%	$-309.0M +56.7%	$-713.0M	—
Free Cash Flow	$11.49B +9678.3%	$-120.0M +74.7%	$-475.0M +49.0%	$-932.0M	—

AI Insight: SNDK Financial Trends

Sandisk engineered a remarkable turnaround: Q3 2026 revenue hit $8.97B (vs. $1.88B in Q3 2024), net income $6.9B, and debt eliminated entirely.

• Revenue surged 376% from Q3 2024 ($1.88B) to Q3 2026 ($8.97B); operating margin recovered from -100% in Q1 2025 to +78.4% in Q3 2026.

• Operating cash flow turned positive and accelerated dramatically: $-131M in Q3 2024 to $7.13B in Q3 2026.

• Total debt eliminated: fell from $1.97B in Q1 2025 to $0M by Q2 2026; equity strengthened 29.5% since Q1 2025.

⚠ Extraordinary acceleration over 8 quarters suggests major acquisition or business combination—verify sustainability and integration risk.

AI Insight: SNDK Ratio Trends

SanDisk staged a dramatic recovery from Q1 2025 losses, with operating margin surging to 78.5% and ROE to 175.5% by Q3 2026.

• Operating margin collapsed to -111.0% in Q1 2025, then recovered sharply to 78.5% in Q3 2026—a 189.5pp swing.

• ROE improved from -84.4% in Q1 2025 to 175.5% in Q3 2026; net profit margin turned positive at 77.0%.

• Debt-to-equity fell from 0.21 in Q2 2025 to 0.00 by Q2 2026, strengthening balance sheet.

⚠ Q3 2026 shows missing ROIC and ROA data; verify whether operational metrics support the reported profit surge.

⚠ Annualized quarterly returns (Q3 2026: ROE 175.5%, ROA 84.7%) are unusually elevated; assess sustainability vs. one-off gains.

Get alerted when SNDK's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for Sandisk Corp including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of SNDK

SUSQUEHANNA INTERNATIONAL GROUP, LLP
$25.0B10,996,500 sh
BlackRock, Inc.
$23.4B10,295,300 sh
VANGUARD CAPITAL MANAGEMENT LLC
$22.0B9,668,255 sh
FMR LLC
$17.9B7,861,665 sh
JANE STREET GROUP, LLC
$14.6B6,435,799 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$14.6B6,434,300 sh
STATE STREET CORP
$13.5B5,927,453 sh
Invesco Ltd.
$12.8B5,610,346 sh
GOLDMAN SACHS GROUP INC
$12.6B5,531,700 sh
CITADEL ADVISORS LLC
$11.7B5,155,949 sh

Fund	Value	Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$25.0B	10,996,500
BlackRock, Inc.	$23.4B	10,295,300
VANGUARD CAPITAL MANAGEMENT LLC	$22.0B	9,668,255
FMR LLC	$17.9B	7,861,665
JANE STREET GROUP, LLC	$14.6B	6,435,799
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$14.6B	6,434,300
STATE STREET CORP	$13.5B	5,927,453
Invesco Ltd.	$12.8B	5,610,346
GOLDMAN SACHS GROUP INC	$12.6B	5,531,700
CITADEL ADVISORS LLC	$11.7B	5,155,949

Companies Similar to SNDK

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

WDC

WESTERN DIGITAL CORP

AI score

Highly similar · 39 shared holders

Value Aligned Research Advisors, LLC Castle Hook Partners LP Polar Capital Holdings Plc

MRVL

Marvell Technology, Inc.

AI score

Very similar · 31 shared holders

Polar Capital Holdings Plc NEOS Investment Management LLC 1832 Asset Management L.P.

MICRON TECHNOLOGY INC

AI score

Very similar · 41 shared holders

Situational Awareness LP Polar Capital Holdings Plc Value Aligned Research Advisors, LLC

ANET

Arista Networks, Inc.

AI score

Very similar · 20 shared holders

Polar Capital Holdings Plc Winslow Capital Management, LLC APG Asset Management N.V.

KLAC

KLA CORP

AI score

Very similar · 25 shared holders

JENNISON ASSOCIATES LLC Polar Capital Holdings Plc Winslow Capital Management, LLC

TXN

TEXAS INSTRUMENTS INC

AI score

Very similar · 23 shared holders

JENNISON ASSOCIATES LLC NEOS Investment Management LLC APG Asset Management N.V.

STX

Seagate Technology Holdings plc

AI score

Very similar · 32 shared holders

Polar Capital Holdings Plc Value Aligned Research Advisors, LLC WT Asset Management Ltd

FTNT

Fortinet, Inc.

AI score

Very similar · 25 shared holders

JACOBS LEVY EQUITY MANAGEMENT, INC NORDEA INVESTMENT MANAGEMENT AB OSSIAM

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Technology Companies

View all Technology →

AGILENT TECHNOLOGIES, INC.

AAOI

APPLIED OPTOELECTRONICS, INC.

AAPL

Apple Inc.

ABNB

Airbnb, Inc.

ACCL

Acco Group Holdings Ltd

ACCS

ACCESS Newswire Inc.

ACFN

ACORN ENERGY, INC.

ACIW

ACI WORLDWIDE, INC.

Put SNDK on your watchlist

Track score changes the day Sandisk Corp files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is SNDK a good stock to buy?

13F Pro's AI-powered analysis of Sandisk Corp (SNDK) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for SNDK are available on the SNDK stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. SNDK is classified as a mega company.

Which hedge funds own SNDK?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling SNDK. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Sandisk Corp's investment landscape.