# Fundamentals #0049: Sandisk: 1Q2027 results

Date: 2026-10-30 11:17
URL: https://heniu.blog/en/f-log/flog-2026-10-30-0049/
Author: Heniu (heniu.blog). Text license: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/).

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Sandisk (SNDK) revenue increased in the first quarter of fiscal year 2027 to 11.03 billion USD (+377.9% y/y), and earnings per share (GAAP) reached 52.60 USD (+6,913.3% y/y).

### Quarterly results

Earnings per share (GAAP, basic) was 55.49 USD (+7,106.5% y/y), while earnings per share (adjusted) stood at 49.51 USD (+3,958.2% y/y).

### Company guidance

In the second quarter of 2027, the company expects revenue in the range of 12.20 billion USD – 12.60 billion USD and adjusted earnings per share (non-GAAP) at the level of 55.00–57.00 USD.

### Management commentary

Management emphasized that the list of potential long-term customer contracts is very strong and growing, becoming the primary mode of collaboration. According to management, all segments of the flash memory market, including computers, smartphones, and data centers, will grow next year due to increased demand for memory in devices. Management stated that customers underestimated the demand for flash memory to run their infrastructure, and customer demand is strengthening compared to the previous quarter, with no impact from credit issues on the market. According to management, demand for SLC memory represents a more refined approach to system building and is not taking market share from other types of flash memory. Management also expressed the desire to continue operating debt-free while maintaining a very strong balance sheet and investing in the business.