Sandisk (SNDK) Tax Rate (2023 - 2026)
Sandisk (SNDK) reported Tax Rate of 11.98% for Q2 2026, up 1366.0% on a YoY basis from 0.82% in Q2 2025, and down 16.23% quarter-over-quarter from 14.3% in Q1 2026.
Sandisk (SNDK) Tax Rate (2023 - 2026) Analysis & Trends
Sandisk has reported Tax Rate for 4 years, with the latest figure at 11.98% in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 1366.0% year-over-year to 11.98%; the trailing twelve-month figure through Apr 2026 stood at 21.69% (up 3828.0% YoY), and the FY2025 full-year result was 10.95%, up 2265.0% from the prior year.
- Tax Rate for Q2 2026 stood at 11.98%, down from 14.3% in the prior quarter.
- The five-year high for Tax Rate was 50.0% in Q1 2024, with the low at 33.6% in Q2 2024.
- Historically, Tax Rate has averaged 8.48% across 4 years, with a median of 10.83% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate soared 5565 bps — and 2025, when it sank 5168 bps.
- Sandisk's Tax Rate stood at 15.77% in 2023, then surged by 353 bps to 39.88% in 2024, then plunged by 76 bps to 9.68% in 2025, then gained by 24 bps to 11.98% in 2026.
- The last three Tax Rate figures came in at 11.98% (Q2 2026), 14.3% (Q1 2026), and 9.68% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 19.29% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 11.98% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 19.55% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 13.43% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 4.58% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 20.77% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 6.76% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 8.72% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -0.80% |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 4.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 11.98% |
| Apr 3, 2026 | 11.98% |
| Jan 2, 2026 | 14.30% |
| Jan 2, 2026 | 14.30% |
| Oct 3, 2025 | 9.68% |
| Oct 3, 2025 | 9.68% |
| Jun 27, 2025 | -10.95% |
| Jun 27, 2025 | -10.95% |
| Mar 28, 2025 | -1.68% |
| Mar 28, 2025 | -1.68% |
| Dec 27, 2024 | 39.88% |
| Dec 27, 2024 | 39.88% |
| Sep 27, 2024 | 20.97% |
| Sep 27, 2024 | 20.97% |
| Jun 28, 2024 | -33.60% |
| Jun 28, 2024 | -33.60% |
| Mar 29, 2024 | 50.00% |
| Mar 29, 2024 | 50.00% |
| Dec 29, 2023 | -15.77% |
| Dec 29, 2023 | -15.77% |