Sandisk (SNDK) Gross Margin (2023 - 2026)
Sandisk (SNDK) posted quarterly Gross Margin of 78.35% for Q2 2026, up 5582.0% year-over-year 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's Gross Margin history runs 4 years deep, the most recent figure standing at 78.35% for Q2 2026.
- In Q2 2026, Gross Margin rose 5582.0% year-over-year to 78.35%; the TTM figure through Apr 2026 stood at 56.04% (up 2346.0% YoY), while the FY2025 annual figure 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.
- The 4-year median for Gross Margin is 31.03% (2024), against an average of 35.16%.
- The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 994 bps in 2025, then soared 5582 bps in 2026.
- 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.
- Business Quant data shows SNDK's Gross Margin at 78.35% in Q2 2026, 50.94% in Q1 2026, and 29.77% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | 17.75% |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | 61.90% |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | 78.35% |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 46.50% |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 50.22% |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | 68.70% |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 20.93% |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 9.95% |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | 49.54% |
| 10 | IonQ | 10.24 Bn | 8.22 Bn | 15.41 Mn | 23.84% |
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% |