Sandisk Data Center Revenue Jumped Nearly 18x to $4.80B in a Year

Sandisk reported fiscal Q1 2027 (quarter ended 2 Oct 2026) after the close on Thu 29 Oct 2026: data center revenue was $4.80B vs $269M a year earlier, nearly 18x, and up 61% from $2.98B the prior quarter. Total revenue rose 378% to $11.03B from $2.31B, above about $10.7B expected (MarketWatch), with GAAP gross margin at 85.0% vs 29.8% and GAAP net income at $8.10B vs $112M. Sandisk guided Q2 FY2027 revenue to $12.2B–$12.6B and announced an 8-for-1 stock split, with split-adjusted trading expected from 20 Nov 2026. The stock closed at $1,330.05 on 29 Oct, down 5.3% in the regular session before the results, and is up more than 450% in 2026.