WS Investor
30 Jan 2026, 09:11
Sandisk reported a strong fiscal second quarter of 2026, with revenue rising sharply on accelerating demand from AI-driven data center customers.
For the quarter, revenue reached $3.03 billion, up 31% sequentially and above the company’s guidance. GAAP net income totaled $803 million, equivalent to $5.15 per diluted share, while non-GAAP diluted EPS came in higher at $6.20. Datacenter revenue surged 64% sequentially, supported by robust adoption among AI infrastructure builders, semi-custom customers, and large technology companies deploying AI at scale.
Looking ahead, Sandisk expects continued momentum in the fiscal third quarter, forecasting revenue in the range of $4.40 billion to $4.80 billion and non-GAAP diluted EPS between $12.00 and $14.00. Management highlighted improved product mix, accelerating enterprise SSD deployments, and disciplined supply alignment as key drivers supporting sustained growth and profitability.
For the quarter, revenue reached $3.03 billion, up 31% sequentially and above the company’s guidance. GAAP net income totaled $803 million, equivalent to $5.15 per diluted share, while non-GAAP diluted EPS came in higher at $6.20. Datacenter revenue surged 64% sequentially, supported by robust adoption among AI infrastructure builders, semi-custom customers, and large technology companies deploying AI at scale.
Looking ahead, Sandisk expects continued momentum in the fiscal third quarter, forecasting revenue in the range of $4.40 billion to $4.80 billion and non-GAAP diluted EPS between $12.00 and $14.00. Management highlighted improved product mix, accelerating enterprise SSD deployments, and disciplined supply alignment as key drivers supporting sustained growth and profitability.