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MarketBeat

Ryan Hasson

SanDisk Earnings Crush Estimates With 251% Revenue Surge

SanDisk SNDK MarketBeat

Sandisk (NASDAQ: SNDK) has been one of the most remarkable stories in the entire market over the past year. Heading into its fiscal Q3 2026 earnings report on April 30, the stock had already surged close to 360% year to date and over 3,300% in the past year. This run made it one of the most extraordinary performers in the entire market over that stretch. And the thesis driving that move has, of course, been AI-related.

The AI data center buildout is creating massive, structural demand for enterprise NAND flash storage, and SanDisk sits at the center of it. For the third consecutive quarter, the results sharply topped estimates as the memory shortage and supply crunch continue.

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