Earnings call briefFiscal first-quarter 2027
Sandisk SNDK
Sandisk expects fiscal 2027 capex at a mid-single-digit percentage of revenue
Sandisk also expects fiscal second-quarter non-GAAP gross margin of 84.5% to 85.5%, including modest like-for-like price increases.
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Sandisk said on its fiscal first-quarter 2027 call that it expects gross capital spending to increase during the balance of the year and to represent a mid-single-digit percentage of revenue for fiscal 2027.
On an 8-for-1 split-adjusted basis, the company said its fiscal second-quarter non-GAAP EPS guidance of $55 to $57 pre-split equates to $6.88 to $7.13, assuming approximately 1,208 million fully diluted shares.
Quotes from the call
“We expect gross capital spending to increase during the balance of the year and represent mid-single-digit percentage of revenue for fiscal year 2027.”
Key facts from the call
- Fiscal 2027 gross capital spending outlook
- Mid-single-digit percentage of revenue
- Fiscal second-quarter non-GAAP gross margin outlook
- 84.5% to 85.5%
- Fiscal second-quarter split-adjusted non-GAAP EPS outlook
- $6.88 to $7.13
Source: Sandisk's fiscal first-quarter 2027 earnings call, October 29, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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