EL7.AI
StocksMediumUpdated•Originally published 2 September 2026•Updated 3 September 2026•
1 min read

Sandisk Revenue Surges 372% to $8.97 Billion on AI Infrastructure Boom

Key Facts

1Sandisk's data center business generated $2.98 billion in fiscal Q4 revenue, accounting for one-third of the company's total.
2The company secured 10 New Business Model agreements with 8 customers, carrying a minimum of $93.9 billion in expected revenue.

Reflecting the massive demand for AI technologies, Sandisk reported an extraordinary 372% surge in total Q4 revenue to reach $8.97 billion. According to analyst reports, the company achieved exceptional adjusted free cash flow of $5.04 billion during the period, significantly strengthening its financial position amid the rapid expansion of cloud computing infrastructure.

Focusing on the data center segment, revenue jumped 437% during fiscal 2026, contributing $2.98 billion in the final quarter alone. Per market data, the company's new business model now covers over 50% of memory bit supply for fiscal 2027 and two-thirds for fiscal 2028, bolstered by agreements with 8 major customers providing a $93.9 billion revenue floor.

Regarding stock performance, SNDK closed at $1566.7 (as of August 31, 2026), after reaching a daily high of $1572.69. With no major catalysts in the upcoming economic calendar, traders will monitor support levels near $1449.5 to gauge the stock's ability to maintain momentum following these robust financial results.