SanDisk spins off from WDC, posts 61% revenue surge on NAND pricing power and AI demand

Filed January 30, 2026 · Period ending January 2, 2026 · ~1 min read

Key Changes

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  Completed separation from Western Digital on Feb 21, 2025, becoming independent public company trading as SNDK on Nasdaq. WDC distributed 80.1% of shares to stockholders, retained 19.9% (later reduced to 5.1%).

  MD&A: Separation from Western Digital verify on EDGAR →
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  Revenue jumped 61% quarter-over-quarter driven by 36% higher NAND pricing per gigabyte and 22% volume growth. Gross margin expanded 1,900 basis points as pricing gains outpaced costs, reflecting strong demand and pricing power.

  MD&A: Revenue and Margin Performance verify on EDGAR →
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  Management expects NAND demand to outpace supply through at least calendar 2026, driven by AI infrastructure growth. This supply-demand imbalance supports continued favorable pricing and revenue momentum.

  MD&A: NAND Supply-Demand Imbalance verify on EDGAR →