Western Digital (WDC)
Builds high-capacity hard drives for cloud infrastructure, enterprise systems, PCs, and consumer storage.
$463.43
vs last close+15.26 (+3.40%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Oct 2025 | Q2 FY26Jan 2026 | Q3 FY26Apr 2026 | Q4 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,750 | 3,032 | 1,752 | 2,004 | 2,212 | 4,285 | 2,294 | 2,605 | 2,818 | 3,017 | 3,337 | 3,747 |
| Cost of revenue | 2,651 | 2,540 | 1,233 | 1,063 | 1,406 | 2,769 | 1,382 | 1,538 | 1,591 | 1,637 | 1,661 | 1,719 |
| Gross profit | 99 | 492 | 519 | 941 | 806 | 1,516 | 912 | 1,067 | 1,227 | 1,380 | 1,676 | 2,028 |
| 695 | 702 | 425 | 451 | 466 | 664 | 152 | 387 | 435 | 417 | 486 | 465 | |
| Research & development | 431 | 444 | 243 | 267 | 262 | 502 | 245 | 262 | 294 | 289 | 294 | 284 |
| 207 | 198 | 176 | 184 | 204 | 238 | 108 | 124 | 138 | 128 | 147 | 138 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 147 | 0 |
| Other expenses | 57 | 60 | 6 | 0 | 0 | −76 | −201 | 1 | 3 | 0 | 45 | 43 |
| Operating income | −596 | −210 | 94 | 490 | 340 | 852 | 760 | 680 | 792 | 963 | 1,190 | 1,563 |
| −86 | −49 | −106 | −683 | −97 | −111 | −686 | −333 | 545 | 999 | 2,169 | 1,684 | |
| Interest income | 8 | 12 | 10 | 9 | 9 | 11 | 10 | 20 | 545 | 12 | 2,169 | 0 |
| Interest expense | 98 | 108 | 108 | 103 | 99 | 95 | 91 | 74 | 59 | 54 | 38 | 4 |
| Other non-operating income | −12 | −59 | −2 | 581 | −2 | 16 | 595 | 259 | −604 | −999 | −2,207 | 0 |
| Income before tax | −682 | −259 | −12 | −193 | 243 | 741 | 74 | 347 | 1,337 | 1,962 | 3,359 | 3,247 |
| Income tax expense | 3 | 28 | −4 | 53 | 90 | 147 | −698 | 95 | 155 | 120 | 154 | 52 |
| Net income from continuing operations | −685 | −287 | −8 | −246 | 153 | 594 | 772 | 252 | 1,182 | 1,842 | 3,205 | 3,195 |
| Discontinued operations | 0 | 0 | 135 | 285 | 340 | 0 | −248 | 33 | 0 | 0 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −28 | 0 | 0 | 0 | 0 |
| Net income | −685 | −287 | 127 | 39 | 493 | 594 | 524 | 257 | 1,182 | 1,842 | 3,205 | 3,195 |
| EPS, basic | −$2.17 | −$0.93 | $0.35 | $0.09 | $1.40 | $1.68 | $1.46 | $0.79 | $3.34 | $5.27 | $9.29 | $9.26 |
| EPS, diluted | −$2.17 | −$0.93 | $0.34 | $0.09 | $1.35 | $1.63 | $1.42 | $0.76 | $3.07 | $4.73 | $8.52 | $8.50 |
| Weighted average shares, basic | 323 | 325 | 326 | 333 | 344 | 346 | 348 | 348 | 345 | 345 | 345 | 345 |
| Weighted average shares, diluted | 323 | 325 | 335 | 349 | 357 | 357 | 358 | 362 | 376 | 376 | 376 | 376 |
| EBITDA | −437 | −8 | 236 | −8 | 477 | 956 | 275 | 507 | 1,484 | 2,054 | 3,493 | 1,662 |
| Depreciation & amortization | 147 | 143 | 140 | 83 | 135 | 120 | 110 | 86 | 88 | 92 | 96 | 99 |
| EBIT | −584 | −151 | 96 | −91 | 342 | 836 | 165 | 421 | 1,396 | 1,962 | 3,397 | 1,563 |
