Sandisk Data Center Revenue Hits $2.98 Billion in Fiscal Q4

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.

Amid the rapid expansion of cloud computing infrastructure, Sandisk reported strong results for its data center business unit. The segment generated $2.98 billion in revenue during the fiscal fourth quarter, accounting for one-third of the company's total sales. This performance reflects a strategic shift toward supporting data center infrastructure as a core pillar for future growth.

According to reports, the company successfully bolstered its new business model by securing 10 agreements with 8 major customers, with these contracts expected to carry a minimum revenue floor of $93.9 billion. This strategy relies on providing guaranteed pricing for large-scale clients, offering the company high visibility into future cash flows and stability against market volatility, per market data on sector trends.

Regarding stock performance, SNDK closed at $1566.7 (as of August 31, 2026), after reaching a daily high of $1572.69. With no immediate catalysts in the upcoming economic calendar specifically targeting the tech sector, investors will watch support levels near $1449.5, the recent daily low, to gauge the sustainability of the bullish momentum driven by these massive data center contracts.