#sandisk

#sandisk

Revenue reached $3.03 billion, up 31% sequentially and 61% year-over-year from $1.88 billion. Non-GAAP earnings hit $6.20 per share, significantly beating the consensus estimates. GAAP net income soared to $803 million, a 672% increase from $104 million a year ago; gross margins expanded to 51.1%, reflecting higher pricing and a favorable product mix; and free cash flow jumped over 1,000% year-over-year.

In 2025, the three biggest stock gainers in the S&P 500 were Micron ( NASDAQ:MU) with around 250%, Western Digital ( NASDAQ:WDC) with almost 300%, and Sandisk ( NASDAQ:SNDK) with nearly 600%. To be more precise, SNDK stock gained approximately 580% last year, which is astounding no matter how you slice it. And in case you didn't see the connection, the three top performers are all involved in the market for memory-storage hardware.