---
schema_version: "secwatch.filing_event.v1"
accession: "0002023554-25-000021"
form_type: "8-K"
ticker: "SNDK"
cik: "0002023554"
company_name: "Sandisk Corp"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T09:28:41.501594+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sandisk Q3 GAAP loss $1.93B on $1.83B goodwill impairment; revenue down 10% Q/Q

## Summary
- Revenue of $1.695B, down 10% sequentially and above guidance; GAAP net loss $1.933B ($13.33 loss per share) including $1.83B goodwill impairment.
- Non-GAAP loss per share $0.30 vs prior quarter non-GAAP EPS $1.23, down 124% YoY.
- Cloud revenue $197M (-21% Q/Q, +103% YoY); Client $927M (-10%); Consumer $571M (-5%).
- Q4 guidance: revenue $1.75B-$1.85B, Non-GAAP EPS ($0.10)-$0.15; gross margin guided 25.5%-27.0% Non-GAAP.

## SEC filing metadata
- accession: 0002023554-25-000021
- form_type: 8-K
- ticker: SNDK
- cik: 0002023554
- company_name: Sandisk Corp
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2023554/000202355425000021/0002023554-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2023554/000202355425000021/sndk-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002023554-25-000021
- JSON: https://secwatch.observer/filing/0002023554-25-000021.json
- Plain text: https://secwatch.observer/filing/0002023554-25-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.