Sandisk reports Q3 revenue up 251% and earnings of $23.41 a share
Updated
Updated · The Motley Fool · May 8
Sandisk reports Q3 revenue up 251% and earnings of $23.41 a share
8 articles · Updated · The Motley Fool · May 8
For the three months ended 3 April, revenue reached $5.95bn, versus a year-earlier adjusted loss of $0.30 per share.
The storage and memory chipmaker said AI data-centre demand is driving growth, with customers signing five multiyear supply agreements this year.
Three contracts signed in the previous quarter were worth $42bn, as tight memory supply and strong AI infrastructure spending continue to support pricing and outlook.
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SanDisk Q3 2026: $7.93B Revenue Surge and 78% Margins Signal AI-Driven Memory Market Transformation
Overview
SanDisk is set for a record-breaking Q3 2026, with projected revenue of $7.93 billion and $31.72 EPS, reflecting significant growth and profitability. This surge is fueled by relentless demand from the artificial intelligence sector, which has created a supply squeeze in the memory market. As a result, component shortages are driving up prices and boosting demand for memory stocks like SanDisk. The strong AI-driven momentum and robust market conditions have positioned SanDisk to benefit greatly, highlighting how underlying technology trends and supply dynamics are powering the company’s exceptional financial outlook.