Sandisk vs Seagate Technology
Sandisk reported revenue of $20.2 billion in fiscal 2026, 1.7 times Seagate Technology's $12.2 billion in fiscal 2026. Sandisk's revenue grew 175.3% in its latest year, and Seagate Technology's grew 34.1%. Sandisk had an operating margin of 61.2%, against 33.6% at Seagate Technology. Free cash flow was $11.5 billion at Sandisk and $3.1 billion at Seagate Technology.
Side by side
| Sandisk | Seagate Technology | |
|---|---|---|
| Latest fiscal year | FY2026, Jul 3, 2026 | FY2026, Jul 3, 2026 |
| Revenue | $20.2B | $12.2B |
| Revenue growth | 175.3% | 34.1% |
| Revenue growth a year, last 5 years | — | 2.7% |
| Gross margin | 71.5% | 45.6% |
| Operating margin | 61.2% | 33.6% |
| Net margin | 56.5% | 26.1% |
| Free cash flow | $11.5B | $3.1B |
| Free cash flow margin | 56.8% | 25.5% |
| Return on capital | 105.9% | 92.0% |
| Net debt to EBITDA | −0.4x | 0.4x |
| Dividends and buybacks | $4.5B | $810M |
| Change in diluted share count | 6.9% | 5.5% |
| Last close | $1,255.58 | $644.21 |
| P/E at the last close | 17.0× | 46.3× |
| Insider trades, last 12 months | sold $133.8 million | sold $594.7 million |
| Piotroski F-score | 7 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
SandiskSeagate Technology
Operating margin
Percent of revenue
SandiskSeagate Technology
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
SandiskSeagate Technology
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Sandisk and Seagate Technology pages.