Sandisk SNDK
NASDAQ SNDK
$1,633.35 -59.24 (-3.50%)
At close: Sep 11, 2026 · 4:00 PM EDT

Sandisk (SNDK) Operating Expenses (2023 - 2026)

Sandisk's (SNDK) quarterly Operating Expenses came in at $545.0 million in Q3 2026, up 13.54% on a YoY basis from $480.0 million in Q3 2025, and down 1.09% quarter-over-quarter from $551.0 million in Q2 2026.

Analysis

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

Sandisk (SNDK) has reported Operating Expenses for 4 consecutive years, with $545.0 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses rose 13.54% year-over-year to $545.0 million; the trailing twelve-month figure through Jul 2026 stood at $2.1 billion (down 41.96% YoY), and the FY2026 full-year result was $2.1 billion, down 41.96% from the prior year.
  • Operating Expenses declined to $545.0 million in Q3 2026 per SNDK's latest filing, from $551.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.3 billion in Q1 2025 and bottomed at $398.0 million in Q1 2024.
  • Historically, Operating Expenses has averaged $628.5 million across 4 years, with a median of $476.0 million in 2026.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 468.59% in 2025, then tumbled 75.65% in 2026.
  • Over 4 years, Operating Expenses stood at $406.0 million in 2023, then increased by 1.23% to $411.0 million in 2024, then advanced by 24.33% to $511.0 million in 2025, then climbed by 6.65% to $545.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $545.0 million, $551.0 million, and $476.0 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 4.45 Bn
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 532.30 Mn
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 545.00 Mn
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 2.07 Bn
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 465.00 Mn
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 10.82 Bn
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 935.00 Mn
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn 748.23 Mn
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 454.57 Mn
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn 82.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 545.00 Mn
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