Superworth

Sandisk profit margin SNDK

Gross, operating and net profit as a share of revenue over the last twelve months, from 2024.

Net margin, 12 months
56.5%
Operating margin, 12 months
61.2%
Net margin on a year earlier
+78.8 pts
Peer median
7.5%

Over the twelve months to Jul 3, 2026, Sandisk kept 56.5% of its revenue as net profit, with an operating margin of 61.2% and a gross margin of 71.5%.

The median for 9 computer hardware stocks of a similar size is 7.5%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY202656.5%61.2%71.5%
FY2025−22.3%−18.7%30.1%
FY2024−10.1%−7.0%16.1%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q4 FY2656.5%+78.8 pts61.2%
Q3 FY2634.2%+55.0 pts40.7%
Q2 FY26−11.7%−18.1 pts−7.0%
Q1 FY26−22.4%−23.2 pts−19.2%
Q4 FY25−22.3%−12.2 pts−18.7%
Q3 FY25−20.8%n/a−16.6%
Q2 FY256.4%n/a10.4%
Q1 FY250.8%n/a4.4%
Q4 FY24−10.1%n/a−7.0%
Q3 FY24n/an/an/a
Q2 FY24n/an/an/a
Q1 FY24n/an/an/a

Against its peers

Companies in Computer Hardware nearest Sandisk's size, closest first, today.

CompanyProfit margin
SNDKSandisk56.5%
ANETArista Networks38.4%
STXSeagate Technology26.1%
WDCWestern Digital69.2%
DELLDell Technologies7.5%
HPEHewlett Packard Enterprise6.4%
NTAPNetApp19.2%
PEverpure5.9%
HPQHP4.1%
SMCISuper Micro Computer5.7%
Peer median7.5%

Where Sandisk ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Sandisk

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.