Sandisk Corp reported fiscal third quarter ended April 3, 2026 results: revenue $5.95 billion, net income $3,615 million ($23.03 diluted net income per share), EPS $23.03.
“Third quarter revenue was $5.95 billion, up 97% sequentially and above the guidance range, with GAAP net income reported at $3,615 million ($23.03 diluted net income per share).”
Material Agreements
Sandisk Corp entered into Equity Investment Agreement with Nanya Technology Corporation valued at approximately $1.0 billion (effective 2026-03-25).
“On March 25, 2026, Sandisk Technologies, Inc. (the “Company”), a wholly-owned subsidiary of Sandisk Corporation, entered into a Private Placement Subscription Agreement (the “Equity Investment Agreement”) with Nanya Technology Corporation (“Nanya”), pursuant to which the Company agreed to make a strategic equity investment in Nanya through a private placement of Nanya common stock (the “Transaction”).”
Michael R. Pokorny was appointed as Chief Accounting Officer at Sandisk Corp.
“On March 6, 2025, the Board of Directors of Sandisk Corporation (the “Company”) appointed Michael R. Pokorny as Chief Accounting Officer of the Company.”
Debt Financings
Sandisk Corp incurred credit facility.
“The information set forth under Item 1.01 above regarding the Loan Agreement is incorporated herein by reference.”
Governance Changes
Sandisk Corp: Board adopted a Code of Business Conduct and Ethics effective upon consummation of the Spin-Off.
“Effective upon the consummation of the Spin-Off, the Company Board adopted a Code of Business Conduct and Ethics.”
Governance Changes
Sandisk Corp: Bylaws amended and restated effective February 12, 2025 (effective 2025-02-12).
“Effective as of February 12, 2025, the bylaws of the Company were amended and restated (the “Amended and Restated Bylaws”).”
Governance Changes
Sandisk Corp: Certificate of incorporation amended and restated effective January 28, 2025 (effective 2025-01-28).
“Effective as of January 28, 2025, the certificate of incorporation of the Company was amended and restated (the “Amended and Restated Certificate of Incorporation”).”
M&A Transactions
Sandisk Corp underwent a change of control involving Western Digital Corporation (closed 2025-02-21).
“On February 21, 2025, Sandisk Corporation (the “Company”) entered into definitive agreements with Western Digital Corporation (“WDC”), the then-parent and owner of all of the Company’s issued and outstanding common stock.”
David V. Goeckeler was appointed as Chief Executive Officer at Sandisk Corp.
“David V. Goeckeler Chief Executive Officer”
Ellyn J. Shook was elected as Director at Sandisk Corp.
“Ellyn J. Shook Director”
Necip Sayiner was elected as Director at Sandisk Corp.
“Necip Sayiner Director”
Devinder Kumar was elected as Director at Sandisk Corp.
“Devinder Kumar Director”
Richard B. Cassidy II was elected as Director at Sandisk Corp.
“Richard B. Cassidy II Director”
Governance Changes
Sandisk Corp: Adopted Amended and Restated Bylaws on February 12, 2025, in connection with separation from Western Digital Corporation (effective 2025-02-12).
“the Company adopted Amended and Restated Bylaws (the “Bylaws”) on February 12, 2025.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.