Sandisk (SNDK) Gross Margin (2023 - 2026)
Sandisk (SNDK) reported Gross Margin of 78.35% for Q2 2026, up 5582.0% on a YoY basis from 1.38% in Q2 2025, and up 53.81% quarter-over-quarter from 50.94% in Q1 2026.
Sandisk (SNDK) Gross Margin (2023 - 2026) Analysis & Trends
Sandisk has reported Gross Margin for 4 years, with the latest figure at 78.35% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 5582.0% year-over-year to 78.35%; the trailing twelve-month figure through Apr 2026 stood at 56.04% (up 2346.0% YoY), and the FY2025 full-year result was 30.07%, up 1399.0% from the prior year.
- Gross Margin for Q2 2026 stood at 78.35%, up from 50.94% in the prior quarter.
- The five-year high for Gross Margin was 78.35% in Q2 2026, with the low at 9.67% in Q4 2023.
- Historically, Gross Margin has averaged 35.16% across 4 years, with a median of 31.03% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin sank 994 bps — and 2026, when it jumped 5582 bps.
- Sandisk's Gross Margin stood at 9.67% in 2023, then soared by 234 bps to 32.3% in 2024, then declined by 8 bps to 29.77% in 2025, then surged by 163 bps to 78.35% in 2026.
- The last three Gross Margin figures came in at 78.35% (Q2 2026), 50.94% (Q1 2026), and 29.77% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 20.16% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 78.35% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 61.90% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 46.50% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 50.22% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 9.95% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 69.89% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 20.93% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 23.84% |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 44.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 78.35% |
| Jan 2, 2026 | 50.94% |
| Oct 3, 2025 | 29.77% |
| Jun 27, 2025 | 26.20% |
| Mar 28, 2025 | 22.54% |
| Dec 27, 2024 | 32.30% |
| Sep 27, 2024 | 38.56% |
| Jun 28, 2024 | 36.14% |
| Mar 29, 2024 | 27.16% |
| Dec 29, 2023 | 9.67% |