Sandisk (SNDK) Operating Expenses (2023 - 2026)
Sandisk (SNDK) recorded Operating Expenses of $545 million in fiscal Q4 2026 (quarter ended Jul 3, 2026), up 13.5% from $480 million a year earlier but down 1.1% from the prior quarter.
Powered by 
Analysis
Sandisk (SNDK) Operating Expenses (2023 - 2026) Analysis & Trends
For FY2026 (ended Jul 3, 2026), Sandisk reported Operating Expenses of $2.08 billion, down 42.0% from FY2025.
- Annual Operating Expenses has a three-year compound annual growth rate of -5.5% (FY2023 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $3.59 billion in FY2025 (+133.1%), $1.54 billion in FY2024 (-37.5%) and $2.47 billion in FY2023.
- Quarterly Operating Expenses has ranged from $398 million in fiscal Q3 2024 to $2.26 billion in fiscal Q3 2025 over the past five years.
- On a year-over-year basis, Operating Expenses rose in six of the last seven quarters, with growth averaging 64.4%.
- Per Business Quant, the preceding three fiscal quarters came in at $551 million (Q3 2026), $476 million (Q2 2026) and $511 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,079.97 Bn | 4,827.46 Bn | 54.77 Bn | 19.08 Bn |
| 2 | Cisco Systems | 420.25 Bn | 356.18 Bn | 11.06 Bn | 6.80 Bn |
| 3 | Dell Technologies | 292.20 Bn | 247.96 Bn | 9.83 Bn | 4.45 Bn |
| 4 | Arista Networks | 217.24 Bn | 170.70 Bn | 1.91 Bn | 532.30 Mn |
| 5 | Sandisk | 180.75 Bn | 169.27 Bn | 7.58 Bn | 545.00 Mn |
| 6 | Sony | 160.45 Bn | 100.21 Bn | 6.53 Bn | 14.83 Bn |
| 7 | Seagate Technology Holdings | 142.99 Bn | 137.98 Bn | 1.90 Bn | 2.07 Bn |
| 8 | Western Digital | 128.64 Bn | 118.47 Bn | 2.53 Bn | 488.00 Mn |
| 9 | Hewlett Packard Enterprise | 75.30 Bn | 53.18 Bn | 4.93 Bn | 10.82 Bn |
| 10 | Lumentum Holdings | 67.00 Bn | 58.81 Bn | 477.30 Mn | 198.00 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 |
API Access
Sandisk Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SNDK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SNDK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SNDK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();