U.S. COMPANY FILING
Sandisk Corp — Form 10-K filed 2026-08-17
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SanDisk reported fiscal 2026 (ended July 3, 2026) net revenue of $20.248 billion, up from $7.355 billion in 2025, with gross margin expanding to 71.5% from 30.1% and operating income of $12.389 billion. The company separated from Western Digital in February 2025 and continues to source flash memory from Flash Ventures. In March 2026, it invested in Nanya Technology, generating equity gains. Risks include customer concentration, flash supply dependence, and international sales exposure.
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