{
  "url": "https://struct.news/briefs/sandisk-made-117b-in-operating-cash-as-receivables-rose-341",
  "title": "Sandisk made $11.7B in operating cash as receivables rose 341%",
  "summary": "Operating cash flow jumped from $84.0 million to $11.7 billion, while accounts receivable climbed to $4.7 billion.",
  "published_at": "2026-08-17T23:46:04.551044+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Sandisk Corporation",
    "ticker": "SNDK",
    "cik": "1628280",
    "sector": "Technology",
    "industry": "Computer Hardware"
  },
  "source_filing": {
    "form": "10-K",
    "filed": "2026-08-17",
    "accession": "0001628280-26-057406",
    "url": "https://www.sec.gov/Archives/edgar/data/2023554/000162828026057406/sndk-20260703.htm"
  },
  "comparison_filing": {
    "form": "10-K",
    "filed": "2025-08-21",
    "url": "https://www.sec.gov/Archives/edgar/data/2023554/000202355425000034/sndk-20250627.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 7355000000,
      "display": "$7.4B",
      "unit": "usd",
      "period": "2025-06-27",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-K",
        "accession": "0001628280-26-057406",
        "filing_date": "2026-08-17"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 10.385712141677917,
      "display": "+10.4%",
      "unit": "percent",
      "period": "2025-06-27",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-K",
        "accession": "0001628280-26-057406",
        "filing_date": "2026-08-17"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -18.721957851801495,
      "display": "-18.7%",
      "unit": "percent",
      "period": "2025-06-27",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-K",
        "accession": "0001628280-26-057406",
        "filing_date": "2026-08-17"
      }
    }
  ],
  "watch_next": [
    {
      "type": "pricing",
      "statement": "Higher pricing was a stated driver of the sharp improvement in gross margin and should be compared with future pricing commentary and margin results.",
      "importance": "medium",
      "evidence": "Gross profit margin increased 4,100 basis points in 2026 compared to 2025 primarily due to higher sales and higher pricing.",
      "source_date": "2026-08-17"
    },
    {
      "type": "working_capital",
      "statement": "Days inventory outstanding increased by 43 days, with Sandisk attributing the build to meeting demand.",
      "importance": "medium",
      "evidence": "DIO increased 43 days over the prior year, primarily due to inventory builds to meet demand.",
      "source_date": "2026-08-17"
    },
    {
      "type": "product_pipeline",
      "statement": "R&D spending increased alongside headcount, compensation, project investment, and stock-based compensation.",
      "importance": "medium",
      "evidence": "Research and development (“R&D”) expenses increased $196 million in 2026 compared to 2025 , primarily due to a $136 million increase in compensation and benefits due to variable compensation associated with company performance and increased headcount, a $28 million increase in spending for R&D projects as we continue to invest in innovation, and a $24 million increase in stock based compensation.",
      "source_date": "2026-08-17"
    }
  ],
  "related_tickers": [
    "SNDK"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}