# SanDisk beat on almost every number, and I still watched it sell off. Here's how I'm reading it. SNDK reported fiscal Q4 2026 after the close on August 5, and the headline numbers were about as strong as this stock has ever printed. Revenue came in at $8.97 billion against a consensus near $8.4 billion. Non-GAAP EPS hit $39.25, well above estimates clustered around $34.50 to $35. GAAP net income landed at $6.9 billion, or $43.97 a share, versus a $23 million loss in the same quarter last year. I still watched the stock fall. Nerves had already knocked it down about 5% during Wednesday's regular session, closing near $1,350. Once results dropped after the bell, the slide continued, pushing shares into the $1,250 to $1,300 range. Western Digital, SanDisk's former parent, fell even harder o