Three ways reported capex understates what a company spends
A semiconductor maker with capex at 0.48% of revenue. A retailer whose free cash flow flips sign. A tag that returns nothing. All three are in the filings.
5 primary sourcesTicker · 2 articles
SNDK
Every article on this page was built from the company's own filings. The documents they were read from are listed below, so you can check any figure yourself.
Last checked Aug 12, 2026All companies
Figures we worked out for SNDK
Not a data feed. Each of these was calculated inside one of the articles above, from the filings listed at the bottom of this page. The arithmetic is shown so you can redo it — and it is re-run every time this site is built.
| Figure | Value | Arithmetic |
|---|---|---|
| Three ways reported capex understates what a company spends | ||
| Sandisk open gap on Aug 6 | −13.1% | 1173.26 / 1350.50 - 1 |
| Sandisk close-to-close on Aug 6 | −6.8% | 1258.58 / 1350.50 - 1 |
| Sandisk capex as share of quarterly revenue | +0.5% | 43 / 8965 |
| Sandisk capex against Flash Ventures funding, quarter | 2.86× | 123 / 43 |
| Sandisk capex against Flash Ventures funding, year | 2.61× | 462 / 177 |
| Why Sandisk fell after earning $6.9B in a single quarter | ||
| Revenue growth Y/Y | +371.6% | 8965 / 1901 - 1 |
| Gross margin Q4 FY2026 | +84.6% | 7582 / 8965 |
| Gross margin Q4 FY2025 | +26.2% | 498 / 1901 |
| Guidance midpoint | $10,550m | (10300 + 10800) / 2 |
| Guided sequential change | +17.7% | 10550 / 8965 - 1 |
| Q4 free cash flow | $7,083m | 7126 - 43 |
| FY free cash flow | $11,494m | 11671 - 177 |
| Trailing P/E | 17.20× | 1271.05 / 73.76 |
| Market cap, diluted | $199.60bn | 1271.05 * 157 / 1000 |
| Market cap, basic | $186.80bn | 1271.05 * 147 / 1000 |
| Pre-tax income reconciles | 0 | 7037 + 812 - 7849 |
16 figures from 2 articles. Totals and industry averages that belong to no single company are not listed here.
Primary sources used
- Sandisk Corporation — Form 8-K and Q4 FY2026 earnings release, August 5 2026Cash flow statement showing $43M of capex, Flash Ventures note receivable issuances
- Amazon.com, Inc. — FY2025 Form 10-KFinance lease principal repayments; capex reported under PaymentsToAcquireProductiveAssets
- SEC XBRL frames API — PaymentsToAcquirePropertyPlantAndEquipment, CY20253,512 filers used this tag
- SEC XBRL frames API — PaymentsToAcquireProductiveAssets, CY2025526 filers used this one instead
- Daily closing prices, SNDK, July–August 2026 (market data, not a filing)The 6 August close-to-close move quoted in the summary · prices may be delayed and are not from a filing
- Sandisk Corporation — Form 8-K, filed August 5 2026Fiscal Q4 2026 results · accession 0001628280-26-053346
- Sandisk Corporation — SEC EDGAR filing historyCIK 0002023554
7documents, deduplicated. Links go to the original filing, not to a summary.