Sandisk (SNDK) Gross Margin (2023 - 2026)
Sandisk's (SNDK) quarterly Gross Margin came in at 84.57% in Q3 2026, up 5838.0% on a YoY basis from 1.42% in Q3 2025, and up 7.94% quarter-over-quarter from 78.35% in Q2 2026.
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Sandisk (SNDK) Gross Margin (2023 - 2026) Analysis & Trends
Sandisk (SNDK) has reported Gross Margin for 4 consecutive years, with 84.57% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin rose 5838.0% year-over-year to 84.57%; the trailing twelve-month figure through Jul 2026 stood at 71.47% (up 4140.0% YoY), and the FY2026 full-year result was 71.47%, up 4140.0% from the prior year.
- Gross Margin advanced to 84.57% in Q3 2026 per SNDK's latest filing, from 78.35% in the prior quarter.
- Across five years, Gross Margin topped out at 84.57% in Q3 2026 and bottomed at 9.67% in Q4 2023.
- Historically, Gross Margin has averaged 39.65% across 4 years, with a median of 32.3% in 2024.
- The sharpest annual moves came in 2025 and 2026: Gross Margin slumped 994 bps in 2025, then jumped 5838 bps in 2026.
- Over 4 years, Gross Margin stood at 9.67% in 2023, then surged by 234 bps to 32.3% in 2024, then retreated by 8 bps to 29.77% in 2025, then surged by 184 bps to 84.57% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 84.57%, 78.35%, and 50.94% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 20.93% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 62.93% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 84.57% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 52.30% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 54.12% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 40.34% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 70.07% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 68.42% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 17.47% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 27.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 84.57% |
| 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% |