SANDISK $SNDK JUST REPORTED FISCAL Q4 EARNINGS, WITH REVENUE UP 372% YEAR OVER YEAR

\- Revenue of $8.97B, up 51% from last quarter and up 372% from a year ago
\- GAAP diluted EPS of $43.97
\- Non-GAAP diluted EPS of $39.25
\- GAAP net income of $6.90B, up 91% from last quarter
\- Gross margin of 84.6%, up 6.2 points from last quarter and up 58.4 points from a year ago
\- Operating income of $7.04B, up 71% from last quarter

Full fiscal year 2026:
\- Revenue of $20.25B, up 175% year over year
\- GAAP diluted EPS of $73.76
\- Non-GAAP diluted EPS of $70.88
\- GAAP net income of $11.43B
\- Gross margin of 71.5%, up 41.4 points year over year

By end market (fiscal Q4):
\- Datacenter: $2.98B, up 103% from last quarter (from a near-zero base a year ago)
\- Edge: $5.43B, up 48% from last quarter, up 392% from a year ago
\- Consumer: $556M, down 32% from last quarter

By end market (full fiscal year):
\- Datacenter: $5.15B, up 437% year over year
\- Edge: $12.16B, up 195% year over year
\- Consumer: $2.94B, up 29% year over year

Capital return: Board approved an additional $14B buyback authorization, bringing total remaining authorization to $15.5B. Bought back $4.52B of stock in the quarter alone.

Business update: signed five additional New Business Model (NBM) agreements since April, including three with new customers, bringing total NBM agreements to ten.

Fiscal Q1 2027 guidance:
\- Revenue of $10.30B to $10.80B
\- Non-GAAP diluted EPS of $44.00 to $46.00

CEO David Goeckeler: "We closed fiscal 2026 with a leading technology portfolio, established datacenter as a key growth pillar, and deepened our customer partnerships. Our technology and products are well positioned to create value for our customers and generate growing and durable free cash flow."