On its fiscal year 2027 first-quarter earnings call, SanDisk management stated that approximately 60% of the quarter's revenue growth came from volume growth and 40% from price increases. Citing strong order visibility, the company expects second-quarter revenue of $12.2 billion to $12.6 billion. It is committed to returning 100% of excess cash to shareholders and has already deployed $5 billion for share buybacks this quarter.