Form 10-Q · Quarterly report
Sandisk 10-Q, filed Oct 30, 2026
- Filed
- CIK
- 0002023554
- Accession no.
- 0001628280-26-068601
Summary
Sandisk, a NAND flash memory maker spun off from Western Digital in February 2025, said AI infrastructure growth is driving storage demand and favorable pricing and product mix, and that it expects AI-driven demand through calendar year 2027 and beyond. Sandisk also reported settling its $2.0 billion term loan in March 2026 and amending its revolving credit facility in September 2026 to extend maturity to 2031, while entering multi-year long-term agreements with datacenter and edge customers.
Key points
- Sandisk completed its spin-off from Western Digital on February 21, 2025, and began trading on Nasdaq under the symbol SNDK on February 24, 2025.
- Sandisk settled the remaining principal of its $2.0 billion Term Loan B facility in March 2026 and amended its revolving credit facility in September 2026 to extend maturity to September 2031.
- Sandisk said rapid AI infrastructure growth is driving NAND storage demand and favorable pricing and product mix shifts, and it expects AI-driven demand through calendar year 2027 and beyond.
- Sandisk entered multi-year long-term agreements with datacenter and edge customers, supported by financial guarantees, which it expects to become its predominant business model.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis contains forward-looking statements within the meaning of the federal securities laws and should be read in conjunction with the disclosures we make concerning risks and other factors that may affect our business and operating results. You should read this information in conjunction with the unaudited Condensed Consolidated Financial Statements and the notes thereto included in this Quarterly Report on Form 10-Q and the audited Consolidated Financial Statements and notes thereto for the fiscal year ended July 3, 2026, included in our Annual Report on Form 10-K. …
An excerpt of the text as filed with the SEC, cut for length.
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