Supermicro vs Sandisk
Supermicro is the larger business, with $39.06bn of revenue in fiscal 2026 against $20.25bn for Sandisk (1.9 times as much). Sandisk grew faster (175.3% against 77.8%). Sandisk kept more of each dollar of sales as profit: a net margin of 56.5% against 5.7%. Sandisk carries less debt relative to equity (0.0% against 32.2%).
| Latest fiscal year | SupermicroSMCI, 2026 | SandiskSNDK, 2026 |
|---|---|---|
| Revenue | $39.06bn | $20.25bn |
| Revenue growth | 77.8% | 175.3% |
| Net income | $2.23bn | $11.43bn |
| Operating margin | 7.1% | 61.2% |
| Net margin | 5.7% | 56.5% |
| Return on equity | 21.5% | 91.6% |
| Free cash flow | −$6.97bn | $11.49bn |
| Cash | $7.52bn | $4.76bn |
| Total debt | $4.66bn | $0 |
| Debt to equity | 32.2% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | $4.52bn |
| Employees | 7,000 | — |
| Market value | $20.83bn | $160.42bn |
| Price vs our value range | — | Below our value range |
| Moat score | 42 (Weak) | — |
| Insider trades, 12 months | 0 buys, 10 sales | 0 buys, 76 sales |