251%
Revenue Surge
SNDK's revenue increased by 251% year-over-year, driven by strong demand and market expansion.
Source: Source: 10-Q Income Statement, p.1
AI Takeaway
SNDK reported a remarkable turnaround in Q3 FY2026 with a 251% increase in revenue and a significant shift from a net loss to a net income of $3.615 billion.
Revenue
$5.95B
++251.03% YoY
EPS (Basic)
$24.43
++283.27% YoY
Gross Margin
78.4%
++55.82% YoY
Operating Income
$4.11B
++318.55% YoY
Filed · Analysis updated · Source: SEC EDGAR 10-Q filing
SNDK's revenue increased by 251% year-over-year, driven by strong demand and market expansion.
Source: Source: 10-Q Income Statement, p.1
The company achieved a 1.9% reduction in the cost of revenue, significantly boosting gross margins.
Source: Source: 10-Q Income Statement, p.1
SNDK eliminated its long-term debt, improving its balance sheet and reducing financial risk.
Source: Source: 10-Q Balance Sheet, p.1
SNDK's performance is highly sensitive to market demand fluctuations, which could impact future revenue stability.
Source: Source: General Analysis
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Upgrade to unlockReported EPS of $23.41 versus the $14.83 analyst consensus — a +57.9% beat for Q3 FY2026.
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $5.95B | $1.7B | +251.03% |
Cost of Revenue | $1.29B | $1.31B | -1.90% |
Gross Profit | $4.66B | $382M | +1120.42% |
Operating Income | $4.11B | $-1.88B | +318.55% |
Net Income | $3.62B | $-1.93B | +287.02% |
EPS (Basic) | $24.43 | $-13.33 | +283.27% |
EPS (Diluted) | $23.03 | $-13.33 | +272.77% |
R&D Expense | $337M | $285M | +18.25% |
SG&A Expense | $161M | $139M | +15.83% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $17.07B | $12.96B | +31.75% |
Current Assets | $9.17B | $5.09B | +80.12% |
Total Liabilities | $3.3B | $3.8B | -13.19% |
Current Liabilities | $1.92B | $1.38B | +39.42% |
Stockholders' Equity | $13.78B | $9.16B | +50.39% |
Cash & Equivalents | $3.73B | $1.51B | +147.84% |
Long-Term Debt | $0 | $1.95B | -100.00% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash FlowYTD | $4.54B | $-10M | +45550.00% |
Investing Cash FlowYTD | $-263M | $573M | -145.90% |
Financing Cash FlowYTD | $-2.02B | $620M | -426.61% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Gross Margin | 78.4% | 22.5% | +55.82% |
Operating Margin | 69.1% | -111.0% | +180.07% |
Net Margin | 60.8% | — | — |
ROE | 26.2% | — | — |
ROA | 21.2% | — | — |
Current Ratio | $4.782 | — | — |
Debt to Equity | $0.239 | — | — |
Other companies in Technology Hardware, Storage & Peripherals
SNDK reported a significant turnaround with a net income of $3.615 billion, indicating a strong performance in Q3 FY2026.
Key takeaways include a 251% increase in revenue, elimination of long-term debt, and a substantial improvement in profitability metrics.
SNDK's revenue grew by 251% to $5.95 billion, driven by increased demand and market expansion.
Risks include market volatility, increased R&D expenses, and challenges in managing cash flow effectively.
SNDK shows strong financial health with increased revenue, net income, and a robust balance sheet with no long-term debt.