Sandisk Corporation

The business, in plain English

Sandisk Corporation booked $20.2B of revenue in FY2026 in the Technology sector and kept 71.5% of it as gross profit — a high-margin business by that measure. After every other cost, 56.5% of each revenue dollar reached the bottom line.

It earned 99.2% on invested capital in the latest filed year, FY2026. Across the full 4-year measurable filed record, median ROIC was −7.4%. Over the v3 recent window (4 measurable filed years), median ROIC was −7.4%. The Returns on Capital filter above scores it 9/100.

The balance sheet carried $0 of total debt in FY2026 against $11.4B of owner earnings — roughly 0.0 years of owner earnings to retire it all. Balance-Sheet Safety scores it 100/100.

Put together: Balance-Sheet Safety is the strongest of the five filters (100/100) and Returns on Capital the weakest (9/100), which is how SNDK lands at 49/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.