Data Centers Now Deliver a Third of Sandisk's Revenue -- $2.98 Billion in a Single Quarter
Yahoo Finance ·
Sandisk ( SNDK +1.08% ) built its name on memory cards and flash drives. But in its fiscal fourth quarter of 2026, which ended July 3, the company sold $2.98 billion of storage to datacenter customers -- about a third of its $8.97 billion in total revenue . A year earlier, that datacenter business generated just $213 million in quarterly sales. The scale of the change goes beyond one quarter. Sandisk separated from Western Digital in February 2025, and in fiscal 2026, its first full year on its own, it generated $20.25 billion of revenue, up 175%, with the datacenter piece up 437%. But the bigger change isn't who is buying the company's storage. It's how they're buying it.
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