SNDK
Sandisk Corporation
SNDK's fundamentals are strong: revenue more than tripled and its operating margin went from −19% to 72%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
VS
Versus Systems Inc.
There isn't enough reported data to score VS yet.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
VS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Unavailable |
VS's revenue is currently stable, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK's PE is 7.5x, but its earnings don't support one, so it isn't a reliable read right now.
VS PE Valuation
VS has no meaningful PE right now: it lost money over the past year.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for SNDK, with profitability improving.
VS Forward outlook
There aren't enough analyst estimates for VS to show an outlook.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over VS in the latest year-over-year earnings comparison.
VS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.35 | +$0.13 |
| Q1 2026 | -$0.31 | +$0.90 |
| Q4 2025 | -$0.37 | +$1.17 |
| Q3 2025 | -$0.37 | +$4.27 |
| Q2 2025 | -$0.48 | +$6.02 |
| Q1 2025 | -$1.21 | +$7.74 |
| Q4 2024 | -$1.54 | +$9.12 |
VS lost $0.35 per share over the past year, a smaller loss than the year before.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over VS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK's operating margin was 80% last quarter, up 72 points from the same quarter a year ago, near the top of its range since 2023.
VS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.8K | -100% |
| Q1 2026 | $17.3K | -91% |
| Q2 2025 | $2M | +7371% |
| Q1 2025 | $199.3K | +652% |
| Q3 2024 | $3.8K | -83% |
| Q2 2024 | $26.5K | -53% |
| Q1 2024 | $26.5K | -83% |
| Q4 2023 | $34.2K | -84% |
VS's revenue has held roughly level: $6,821 last quarter, down 100% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 8712% | +8665 points |
| Q1 2026 | -4732% | -4144 points |
| Q4 2025 | -54% | N/A |
| Q2 2025 | 47% | +5713 points |
| Q1 2025 | -588% | +5077 points |
| Q3 2024 | -13748% | N/A |
| Q2 2024 | -5665% | N/A |
| Q1 2024 | -5665% | N/A |
VS has the edge over SNDK on profitability, with a higher operating margin.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over VS on cash generation, producing positive trailing cash flow while its opponent burns cash.
VS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$475.2K | +$419.9K |
| Q1 2026 | $144K | +$785.4K |
| Q4 2025 | -$568.6K | +$148K |
| Q3 2025 | $24.7K | +$497K |
| Q2 2025 | -$895.1K | +$1.1M |
| Q1 2025 | -$641.4K | +$1.2M |
| Q4 2024 | -$716.6K | +$445.8K |
| Q3 2024 | -$472.3K | +$372.7K |
VS has burned cash in almost every quarter: −$875,093 over the past year, against −$3M the year before.
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
VS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +57.6K shares |
| 1 year | +0.6% | +31.9K shares |
| 3 years | +862% | +4.4M shares |
VS has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q4 2023 | — |
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
VS Net Leverage
VS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
VS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.8 | Oversold |
| Stochastic | 8.4 | Oversold |
VS's weekly RSI is 30 (oversold) and its Stochastic is 8 (oversold).
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK is trading at 7.5x earnings, a 73% discount to the Technology sector's median of 28x, though its earnings don't support one.
VS PE vs Technology Sector
VS has no meaningful PE right now: it lost money over the past year.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
VS has stronger trend alignment. SNDK is above 0 of 3 weekly averages versus VS above 0 of 5.
VS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.95 | 21% below |
| 20 week MA | $1.16 | 35% below |
| 50 week MA | $1.18 | 36% below |
| 100 week MA | $1.65 | 55% below |
| 200 week MA | $3.05 | 75% below |
VS is in a downtrend: it's below all five of its weekly moving averages, and 75% below its 200-week average.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over VS on returns for 2026, with the stronger performance.
VS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $565.6 | $2,978.4 | +427% |
| 2021 | $2,978.4 | $484.8 | -84% |
| 2022 | $484.8 | $7.98 | -98% |
| 2023 | $7.98 | $3.03 | -62% |
| 2024 | $3.03 | $2.28 | -25% |
| 2025 | $2.28 | $1.26 | -45% |
| 2026 YTD | $1.26 | $0.75 | -40% |
VS has finished five years in a row lower, and it's down 40% so far in 2026.