Sandisk Q1 revenue $2.31B beats guidance; Non-GAAP EPS $1.22; guides Q2 rev $2.55-2.65B

Sandisk Corp

2026-Q1 EPS reported $0.75 revenue$2,308,000,000

Revenue $2.31B, up 21% sequentially and above guidance; GAAP net income $112M ($0.75 EPS); Non-GAAP EPS $1.22.
Datacenter revenue $269M (+26% sequentially); two hyperscalers in qualification with more planned.
BiCS8 technology reached 15% of total bits shipped; expected to be majority by end of FY2026.
Q2 FY2026 guidance: revenue $2.55-2.65B, Non-GAAP EPS $3.00-3.40, gross margin 41-43%.
Achieved net cash positive milestone ahead of plan; strong balance sheet.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.