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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |