Short answer
Sandisk (SNDK) filed an 8-K current report with the SEC on August 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). Fiscal Q4 ended July 3, 2026 results announced August 5, 2026.
Sandisk 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Fiscal Q4 ended July 3, 2026 results announced August 5, 2026
- Press release contains the financial results and key operating metrics
- Investors should review Exhibit 99.1 for detailed performance and outlook information
Item 8.01 · Other Events
- $14 billion share repurchase authorization approved August 5, 2026, excluding fees and commissions
- Funding expected from operating cash flows, linking buyback capacity to ongoing business generation
- Purchases may use open-market transactions, including Rule 10b5-1 plans, or other lawful methods
- No guaranteed repurchases; management controls timing and may suspend or discontinue the program
- Potential shareholder value support, but actual impact depends on execution and market conditions
Item EX-99.1 · Exhibit EX-99.1
- Q4 revenue $8.97B, up 51% sequentially; higher pricing contributed roughly two-thirds of growth, highlighting strong pricing power
- Fiscal 2026 revenue $20.25B, up 175%; Datacenter revenue surged 437% to $5.15B, establishing the key growth engine
- Q4 GAAP net income $6.90B and diluted EPS $43.97, versus a $23M loss and $(0.16) EPS in Q4 2025
- Operating cash flow $11.67B and adjusted free cash flow $8.74B for fiscal 2026, supporting substantial capital returns
- Additional $14B buyback authorization raises remaining authorization to $15.5B; Q1 fiscal 2027 revenue guided to $10.30B–$10.80B and non-GAAP EPS to $44.00–$46.00
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Sandisk 8-K filings
Get the next SNDK 8-K as it lands
Follow SNDK for push alerts, or ask the research agent what this filing means.