Sandisk (SNDK) Operating Expenses (2023 - 2026)

Sandisk (SNDK) reported Operating Expenses of $551.0 million for Q2 2026, down 75.65% on a YoY basis from $2.3 billion in Q2 2025, and up 15.76% quarter-over-quarter from $476.0 million in Q1 2026.

Sandisk (SNDK) Operating Expenses (2023 - 2026) Analysis & Trends

Sandisk has reported Operating Expenses for 4 years, with the latest figure at $551.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 75.65% year-over-year to $551.0 million; the trailing twelve-month figure through Apr 2026 stood at $2.0 billion (down 43.09% YoY), and the FY2025 full-year result was $3.6 billion, up 133.05% from the prior year.
  • Operating Expenses for Q2 2026 stood at $551.0 million, up from $476.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $2.3 billion in Q1 2025, with the low at $398.0 million in Q1 2024.
  • Historically, Operating Expenses has averaged $636.8 million across 4 years, with a median of $456.5 million in 2024.
  • Annual changes were most pronounced in 2025 — Operating Expenses soared 468.59% — and 2026, when it slumped 75.65%.
  • Sandisk's Operating Expenses stood at $406.0 million in 2023, then climbed by 1.23% to $411.0 million in 2024, then rose by 24.33% to $511.0 million in 2025, then increased by 7.83% to $551.0 million in 2026.
  • The last three Operating Expenses figures came in at $551.0 million (Q2 2026), $476.0 million (Q1 2026), and $511.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 3.64 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 551.00 Mn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 519.00 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 2.11 Bn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 486.00 Mn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 392.81 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 652.89 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 2.40 Bn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 336.18 Mn
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 347.49 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 551.00 Mn
Jan 2, 2026 476.00 Mn
Oct 3, 2025 511.00 Mn
Jun 27, 2025 480.00 Mn
Mar 28, 2025 2.26 Bn
Dec 27, 2024 411.00 Mn
Sep 27, 2024 435.00 Mn
Jun 28, 2024 437.00 Mn
Mar 29, 2024 398.00 Mn
Dec 29, 2023 406.00 Mn