Sandisk (SNDK) Operating Margin (2023 - 2026)

Sandisk (SNDK) reported Operating Margin of 69.09% for Q2 2026, up 18007.0% on a YoY basis from N/an in Q2 2025, and up 96.25% quarter-over-quarter from 35.21% in Q1 2026.

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

Sandisk has reported Operating Margin for 4 years, with the latest figure at 69.09% in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin rose 18007.0% year-over-year to 69.09%; the trailing twelve-month figure through Apr 2026 stood at 40.73% (up 5731.0% YoY), and the FY2025 full-year result was 18.72%, down 1170.0% from the prior year.
  • Operating Margin for Q2 2026 stood at 69.09%, up from 35.21% in the prior quarter.
  • The five-year high for Operating Margin was 69.09% in Q2 2026, with the low at 110.97% in Q1 2025.
  • Historically, Operating Margin has averaged 2.82% across 4 years, with a median of 9.01% in 2024.
  • Annual changes were most pronounced in 2025 — Operating Margin plunged 11479 bps — and 2026, when it jumped 18007 bps.
  • Sandisk's Operating Margin stood at 14.71% in 2023, then surged by 171 bps to 10.39% in 2024, then retreated by 27 bps to 7.63% in 2025, then surged by 806 bps to 69.09% in 2026.
  • The last three Operating Margin figures came in at 69.09% (Q2 2026), 35.21% (Q1 2026), and 7.63% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 9.26%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 69.09%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 42.74%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 32.07%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 35.66%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 6.11%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 8.23%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 4.25%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -419.85%
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 12.51%

Historic Data

Download Data
DateValue
Apr 3, 2026 69.09%
Jan 2, 2026 35.21%
Oct 3, 2025 7.63%
Jun 27, 2025 0.95%
Mar 28, 2025 -110.97%
Dec 27, 2024 10.39%
Sep 27, 2024 15.45%
Jun 28, 2024 11.31%
Mar 29, 2024 3.81%
Dec 29, 2023 -14.71%