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Sandisk vs Seagate Technology: revenue, profit, margins and growth compared

Sandisk brought in $20.2B of revenue in fiscal 2026, Seagate Technology $12.2B in fiscal 2026. Revenue changed by +175.3% at Sandisk and +34.1% at Seagate Technology on the year before, so Sandisk grew faster. Sandisk kept 56.5% of its revenue as net profit, Seagate Technology 26.1%. Free cash flow was $11.5B at Sandisk and $3.1B at Seagate Technology.

Side by side, latest fiscal year

SNDKSTX
Fiscal year endedFY2026 (July 3, 2026)FY2026 (July 3, 2026)
Revenue$20.2B$12.2B
Revenue growth+175.3%+34.1%
Net income$11.4B$3.2B
Net margin56.5%26.1%
Free cash flow$11.5B$3.1B
Free cash flow margin56.8%25.5%
Earnings per share (diluted)$73.76$13.90
Cash$4.8B$1.7B
Debt$0$3.6B
Price to earnings24.166.0
Market value$263.3B$207.8B
Dividend yieldn/a0.32%
Rank by revenue in sector#37 of 530 · Technology#52 of 530 · Technology

Over the years

Revenue
SNDK FY2023: $6.1BSNDK FY2025: $6.7BSNDK FY2025: $7.4BSNDK FY2026: $20.2BSTX FY2019: $10.4BSTX FY2020: $10.5BSTX FY2021: $10.7BSTX FY2022: $11.7BSTX FY2023: $7.4BSTX FY2024: $6.6BSTX FY2025: $9.1BSTX FY2026: $12.2BFY19FY20FY21FY22FY23FY24FY25FY26
SNDK $20.2BSTX $12.2B
Net income
SNDK FY2023: -$2.1BSNDK FY2025: -$672MSNDK FY2025: -$1.6BSNDK FY2026: $11.4BSTX FY2019: $2BSTX FY2020: $1BSTX FY2021: $1.3BSTX FY2022: $1.6BSTX FY2023: -$529MSTX FY2024: $335MSTX FY2025: $1.5BSTX FY2026: $3.2BFY19FY20FY21FY22FY23FY24FY25FY26
SNDK $11.4BSTX $3.2B
Net margin
SNDK FY2023: -35.2%SNDK FY2025: -10.1%SNDK FY2025: -22.3%SNDK FY2026: 56.5%STX FY2019: 19.4%STX FY2020: 9.6%STX FY2021: 12.3%STX FY2022: 14.1%STX FY2023: -7.2%STX FY2024: 5.1%STX FY2025: 16.1%STX FY2026: 26.1%FY19FY20FY21FY22FY23FY24FY25FY26
SNDK 56.5%STX 26.1%
Revenue growth
SNDK FY2025: +9.5%SNDK FY2025: +10.4%SNDK FY2026: +175.3%STX FY2020: +1.1%STX FY2021: +1.6%STX FY2022: +9.2%STX FY2023: -36.7%STX FY2024: -11.3%STX FY2025: +38.9%STX FY2026: +34.1%FY20FY21FY22FY23FY24FY25FY26
SNDK +175.3%STX +34.1%
Free cash flow
SNDK FY2023: -$932MSNDK FY2025: -$475MSNDK FY2025: -$120MSNDK FY2026: $11.5BSTX FY2019: $1.2BSTX FY2020: $1.1BSTX FY2021: $1.1BSTX FY2022: $1.3BSTX FY2023: $626MSTX FY2024: $664MSTX FY2025: $818MSTX FY2026: $3.1BFY19FY20FY21FY22FY23FY24FY25FY26
SNDK $11.5BSTX $3.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Sandisk and Seagate Technology

Which is bigger by revenue, Sandisk or Seagate Technology?

Sandisk is bigger by revenue: $20.2B in fiscal 2026, against $12.2B for Seagate Technology in fiscal 2026.

Which keeps more of its revenue as profit, Sandisk or Seagate Technology?

Sandisk had a net margin of 56.5% in fiscal 2026; Seagate Technology had 26.1% in fiscal 2026.

Which grew revenue faster, Sandisk or Seagate Technology?

In their latest fiscal years revenue changed by +175.3% at Sandisk and +34.1% at Seagate Technology.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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