Sandisk Corporation (SNDK)

Sandisk topped consensus on both adjusted EPS and revenue in the first fiscal quarter of 2027, based on preliminary results reported October 29, 2026, with adjusted EPS of $49.51 topping the $46.67 estimate (+6.1%) and revenue of $11.031 billion topping the $10.718 billion estimate (+2.9%). Revenue surged +377.9% year over year to about $11.0 billion, up from roughly $2.3 billion a year ago, alongside flash-based storage products spanning solid-state drives, embedded memory, removable cards, and USB devices. Profitability was elevated, with operating income of roughly $8.8 billion translating to an operating margin of ~80%, while net income jumped +7133.0% year over year to about $8.1 billion, up from roughly $112 million a year ago. The quarter generated operating cash flow of about $6.4 billion, and the company repurchased about $5.0 billion of stock. For the next period, consensus calls for EPS of $53.76 on revenue of $12.304 billion.