SNDKSandisk
Prior to February 21, 2025, we were wholly owned by Western Digital Corporation (“WDC”). 10-K, Item 1
- Headquarters
- Milpitas, CA
- CEO
- David Goeckeler
- Next results
- around Jan 28, 2027
What changed
10-K filed Aug 17, 2026 against Aug 21, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 28 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Receivables growing faster than revenue | Receivables +340.8% vs revenue +175.3% (+165.5 pts) | 10-K · XBRL |
| Critical audit matters changed | New this year: Sufficiency of audit evidence over revenue, net (“As discussed in Note 1 to the consolidated financial statements, substantially all of the Company’s revenue is derived from the sale of tangible products for which the performance obligations are satisfied at a point in time, generally upon delivery in accordance with the shipping terms of the arran”). No longer listed: Assessment of variable consideration for sales to resellers | 10-K · XBRL |
| Accounting checks | 9 other checks clear, 2 worth a look | 10-K · XBRL |
| Insiders | No open-market buys in the last 90 days | Form 4 |
| Filings | 2 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Aug 17, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-08-21. Quoted as filed.
Constraints on global talent mobility and hiring, including changes in immigration laws and policies, travel restrictions, work permits regulation and administration, government restrictions to contain the spread of infectious disease, and limitations on the ability of employees to enter, leave, or return to jurisdictions in which we…
10-K, Item 1A
Accounting checks
latest 10-K9 of 11 clear 2 worth a look. Checks, not verdicts.
- !Receivables growing faster than revenueReceivables +340.8% vs revenue +175.3% (+165.5 pts)
- !Critical audit matters changedNew this year: Sufficiency of audit evidence over revenue, net (“As discussed in Note 1 to the consolidated financial statements, substantially all of the Company’s revenue is derived from the sale of tangible products for which the performance obligations are satisfied at a point in time, generally upon delivery in accordance with the shipping terms of the arran”). No longer listed: Assessment of variable consideration for sales to resellers
- ✓Cash from operations $11.7B vs net income $11.4B (FY ending 2026-07-03)
- ✓Inventory +29.8% vs revenue +175.3% (-145.5 pts)
- ✓Same auditor in both 10-Ks: KPMG LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Oct 30, 202610-Q Quarterly report (10-Q) period ended Oct 2, 2026
- Oct 29, 20268-K Quarterly results, Other events 8-K items 2.02, 8.01
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Work on SNDK in a spreadsheet:
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CSV.
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