secwatch.observer — SEC 8-K summary
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Issuer:     Sandisk Corp (SNDK)
CIK:        0002023554
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001628280-25-050180
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2023554/000162828025050180/0001628280-25-050180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2023554/000162828025050180/sndk-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-050180

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