HIGHBuilt-inGeographic
82%
international sales
“10-K Item 1: 'Our international sales ... represented 82%, 80% and 86% of our net revenue for 2026, 2025 and 2024, respectively'”
SNDK · Concentration risk · 10-K extracted
Sandisk (SNDK) concentration risks
Updated
The most significant concentration Sandisk discloses is international sales at 82%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Source: Sandisk’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH4
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-in & outside partySupplier
Flash Ventures flash memory wafers
“10-K Item 1: 'All of our flash memory wafers are currently obtained from Flash Ventures.'”
HIGHBuilt-inGeographic
overseas production
“10-K Item 1A: 'substantially all of our products are produced overseas'”
HIGHOutside partySupplier
sole-source suppliers
“10-K Item 1A: 'are only available from a limited number of suppliers, some of whom are our sole-source suppliers'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-18Sandisk's disclosed concentrations are all high-share, and they describe a business built on a tightly integrated, internationally exposed supply chain. International sales represented 82%, 80% and 86% of net revenue for 2026, 2025 and 2024, respectively, a structural geographic exposure that has stayed in a narrow range across the three years. Substantially all of its products are produced overseas, which is the supply-side mirror of that revenue profile. The dependency exposures are sharper. All of its flash memory wafers are currently obtained from Flash Ventures, a single-source relationship the filing's classification treats as mixed rather than purely a dependency, since it is an arrangement as much as a purchase. Beyond that, certain inputs are only available from a limited number of suppliers, some of whom are sole-source suppliers. Netting these out, geography is a structural fact of the industry, while the wafer source and sole-source inputs are the idiosyncratic concentrations that could most plausibly move the verdict. They compound, because an overseas production footprint offers little room to reroute if a single supplier is disrupted.
For the engine’s reasoning on SNDK’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Computer Hardware
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| SNDK● | Sandisk Corporation | 4 | 0 | 0 | 4 |
| CRCT | Cricut, Inc. | 2 | 1 | 0 | 3 |
| ANET | Arista Networks, Inc. | 0 | 2 | 1 | 3 |
| CRSR | Corsair Gaming, Inc. | 0 | 2 | 0 | 2 |
| DDD | 3D Systems Corporation | 0 | 0 | 0 | 0 |
| DELL | Dell Technologies Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.