Sandisk tops Q4 as data-center demand boosts results, hikes buyback

Sandisk topped Q4 expectations thanks to stronger pricing and robust data-center demand, posting revenue of $8.97B (up 51% sequential, 372% YoY) and GAAP net income of $6.90B ($43.97/share). Full-year revenue climbed to $20.25B, with data-center revenue up 437% to $2.98B and edge revenue up 48% to $5.43B, while consumer revenue declined to $556M. The company added another $14B to its buyback program (now $15.5B remaining) and guided for Q1 2027 revenue of $10.3B-$10.8B with adjusted EPS of $44.00-$46.00, roughly in line with expectations, sending shares down about 2% after hours.