Financials · WDC

Western Digital Corporation (WDC) financials

For the twelve months ended Oct 2, 2026, Western Digital Corporation reported $14.48B of revenue and $10.02B of net income.

Revenue, TTM
$14.48B
Revenue growth, YoY
+43.0%
Net income, TTM
$10.02B
Net income growth, YoY
+288.7%
Net margin
69.2%
Free cash flow, TTM
$4.29B
EPS, diluted, TTM
$25.84
EPS growth, YoY
+276.1%
Cash
$1.31B
P/E
9.85
P/S
6.82
Market cap
$98.74B
Annual revenue$12.92B
FY2017FY2026
Annual net income$9.42B
FY2017FY2026
Annual free cash flow$3.51B
FY2017FY2026

WDC revenue and earnings growth

WDC revenueQ1 2027$4.38B

Quarter YoY
+55.5%
QoQ
+16.9%
FY YoY
+35.7%
5Y CAGR
-5.3%

WDC revenue was $4.38B in fiscal Q1 2027 (ended Oct 2, 2026), up 55.5% from a year earlier and up 16.9% from the prior quarter. For the full fiscal 2026 it was $12.92B, up 35.7% from fiscal 2025. Compound annual growth was -5.3% over 5 years. It rose in 7 of the last 9 fiscal years.

WDC net incomeQ1 2027$1.78B

Quarter YoY
+50.5%
QoQ
-44.3%
FY YoY
+398.9%
5Y CAGR
+62.9%
10Y CAGR
+44.2%

WDC net income was $1.78B in fiscal Q1 2027 (ended Oct 2, 2026), up 50.5% from a year earlier and down 44.3% from the prior quarter. For the full fiscal 2026 it was $9.42B, up 398.9% from fiscal 2025. Compound annual growth was +62.9% over 5 years and +44.2% over 10 years. Fiscal 2026 is the highest of the 15 fiscal years on file.

WDC EPSQ1 2027$4.63

Quarter YoY
+50.8%
QoQ
-44.1%
FY YoY
+374.2%
5Y CAGR
+55.6%
10Y CAGR
+37.6%

WDC diluted EPS was $4.63 in fiscal Q1 2027 (ended Oct 2, 2026), up 50.8% from a year earlier and down 44.1% from the prior quarter. For the full fiscal 2026 it was $24.28, up 374.2% from fiscal 2025. Compound annual growth was +55.6% over 5 years and +37.6% over 10 years.

WDC free cash flowQ1 2027$1.38B

Quarter YoY
+129.9%
QoQ
+7.5%
FY YoY
+174.5%
5Y CAGR
+36.1%
10Y CAGR
+9.6%

WDC free cash flow was $1.38B in fiscal Q1 2027 (ended Oct 2, 2026), up 129.9% from a year earlier and up 7.5% from the prior quarter. For the full fiscal 2026 it was $3.51B, up 174.5% from fiscal 2025. Compound annual growth was +36.1% over 5 years and +9.6% over 10 years. Fiscal 2026 is the highest of the 15 fiscal years on file.

Export CSV

Income statement

Income statement
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Jul 1, 2022
Jul 2, 2021
Jul 3, 2020
Jun 28, 2019
Jun 29, 2018
Jun 30, 2017
Revenue$12.92B$9.52B$6.32B$6.25B$18.79B$16.92B$16.74B$16.57B$20.65B$19.09B
Cost of revenue$6.61B$5.83B$4.54B$4.86B$12.92B$12.40B$12.96B$12.82B$12.94B$13.02B
Gross profit$6.31B$3.69B$1.77B$1.39B$5.87B$4.52B$3.78B$3.75B$7.71B$6.07B
Research and development$1.16B$994.00M$950.00M$986.00M$2.32B$2.24B$2.26B$2.18B$2.40B$2.44B
Selling, general and admin$551.00M$568.00M$726.00M$807.00M$1.12B$1.10B$1.15B$1.32B$1.47B$1.45B
Operating income$4.45B$2.33B-$403.00M-$548.00M$2.39B$1.22B$335.00M$87.00M$3.62B$1.95B
Interest expense$165.00M$357.00M$414.00M$310.00M$304.00M$326.00M$413.00M$469.00M$676.00M$847.00M
Pre-tax income$9.90B$1.13B-$739.00M-$849.00M$2.17B$927.00M-$46.00M-$287.00M$2.08B$769.00M
Income tax$481.00M-$513.00M$26.00M$53.00M$625.00M$106.00M$204.00M$467.00M$1.41B$372.00M
Net income$9.42B$1.89B-$798.00M-$1.68B$1.55B$821.00M-$250.00M-$754.00M$675.00M$397.00M
EPS, basic$26.92$5.31-$2.61-$5.37$4.96$2.69-$0.84-$2.58$2.27$1.38
EPS, diluted$24.28$5.12-$2.61-$5.37$4.89$2.66-$0.84-$2.58$2.20$1.34
Diluted shares383.0M359.0M326.0M318.0M316.0M309.0M298.0M292.0M307.0M296.0M

Balance sheet

Balance sheet
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Jul 1, 2022
Jul 2, 2021
Jul 3, 2020
Jun 28, 2019
Jun 29, 2018
Jun 30, 2017
Cash and equivalents$1.58B$2.11B$1.88B$2.02B$2.33B$3.37B$3.05B$3.46B$5.00B$6.35B
Short-term investments---------$24.00M
Receivables$2.03B$1.49B$1.23B$1.60B$2.80B$2.26B$2.38B$1.20B$2.20B$1.95B
Inventory$1.51B$1.29B$1.39B$3.70B$3.64B$3.62B$3.07B$3.28B$2.94B$2.34B
Current assets$5.63B$5.86B$8.06B$7.89B$9.45B$9.76B$9.05B$8.48B$10.64B$11.06B
Goodwill$4.32B$4.32B$4.32B$10.04B$10.04B$10.07B$10.07B$10.08B$10.07B$10.01B
Total assets$13.86B$14.00B$24.19B$24.55B$26.26B$26.13B$25.66B$26.37B$29.23B$29.86B
Current liabilities$4.24B$5.42B$6.09B$5.43B$5.24B$4.87B$4.41B$3.82B$4.46B$4.34B
Short-term debt$1.05B$2.23B$1.75B$1.21B$0$251.00M$286.00M$276.00M$179.00M$233.00M
Long-term debt$0$2.48B$5.68B$5.86B$7.02B$8.47B$9.29B$10.25B$10.99B$12.92B
Total debt$1.05B$4.71B$7.43B$7.07B$7.02B$8.72B$9.57B$10.52B$11.17B$13.15B
Total liabilities$5.00B$8.46B$13.14B$12.71B$14.04B$15.41B$16.11B$16.40B$17.70B$18.44B
Shareholders' equity$8.86B$5.31B$10.82B$10.96B$12.32B$10.80B$9.55B$9.97B$11.53B$11.42B

Cash flow

Cash flow
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Jul 1, 2022
Jul 2, 2021
Jul 3, 2020
Jun 28, 2019
Jun 29, 2018
Jun 30, 2017
Operating cash flow$3.93B$1.69B-$294.00M-$408.00M$1.88B$1.90B$824.00M$1.55B$4.21B$3.44B
Capital expenditures$418.00M$412.00M$487.00M$821.00M$1.12B$1.15B$647.00M$876.00M$835.00M$578.00M
Free cash flow$3.51B$1.28B-$781.00M-$1.23B$758.00M$752.00M$177.00M$671.00M$3.37B$2.86B
Investing cash flow-$429.00M$150.00M-$27.00M-$762.00M-$1.19B-$765.00M$278.00M-$1.27B-$1.66B-$636.00M
Financing cash flow-$4.03B-$1.61B$187.00M$875.00M-$1.72B-$817.00M-$1.51B-$1.83B-$3.90B-$4.59B
Dividends paid$174.00M$44.00M$0$0$0$0$595.00M$584.00M$593.00M$574.00M
Share repurchases$2.59B$149.00M$0$0-$0$0$563.00M$591.00M$0
Stock-based compensation$204.00M$265.00M$295.00M$318.00M$326.00M$318.00M$308.00M$306.00M$377.00M$394.00M
Depreciation and amortization$375.00M$451.00M$568.00M$828.00M$929.00M$1.21B$1.57B$1.81B$2.06B$2.13B

Key ratios

Key ratios
Line item
Jul 3, 2026
Jun 27, 2025
Jun 28, 2024
Jun 30, 2023
Jul 1, 2022
Jul 2, 2021
Jul 3, 2020
Jun 28, 2019
Jun 29, 2018
Jun 30, 2017
Revenue growth, YoY35.7%50.7%1.0%-66.7%11.1%1.1%1.0%-19.8%8.1%-
Net income growth, YoY398.9%---88.3%---70.0%64.0%
EPS growth, YoY374.2%---83.8%---64.2%34.0%
Gross margin48.9%38.8%28.1%22.2%31.3%26.7%22.6%22.6%37.3%31.8%
Operating margin34.5%24.5%-6.4%-8.8%12.7%7.2%2.0%0.5%17.5%10.2%
Net margin72.9%19.8%-12.6%-26.9%8.2%4.9%-1.5%-4.6%3.3%2.1%
Free cash flow margin27.2%13.4%-12.4%-19.6%4.0%4.4%1.1%4.0%16.3%15.0%
Return on equity106.3%35.6%-7.4%-15.4%12.5%7.6%-2.6%-7.6%5.9%3.5%
Return on assets68.0%13.5%-3.3%-6.9%5.9%3.1%-1.0%-2.9%2.3%1.3%
Current ratio1.331.081.321.451.812.002.052.222.392.55
Debt to equity0.120.890.690.640.570.811.001.060.971.15

Source: XBRL data Western Digital Corporation files with the SEC, latest filing dated Oct 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

WDC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
WDC$14.48B+43.0%$10.02B69.2%$98.74B
KLAC$14.51B+15.8%$5.26B36.2%$180.45B
SNDK$28.97B+272.4%$19.42B67.0%$118.82B
STX$13.80B+44.4%$4.40B31.9%$105.83B
TEL$19.32B+16.5%$3.02B15.6%$59.93B
COHR$7.91B+30.8%$960.42M12.1%$37.97B
NTAP$7.39B+12.2%$1.42B19.2%$33.23B
P$4.26B+27.2%$253.28M5.9%$32.24B
NVMI$880.58M+31.0%$259.22M29.4%$9.95B

WDC FAQ

9 questions
  • What is WDC revenue?
    Western Digital Corporation (WDC) reported $14.48B of revenue for the twelve months ended Oct 2, 2026. That is up 43.0% from the year before. Revenue for fiscal 2026 was $12.92B.
  • Is WDC profitable?
    Yes. Western Digital Corporation earned $10.02B in net income for the twelve months ended Oct 2, 2026, a net margin of 69.2%.
  • How much cash and debt does WDC have?
    Western Digital Corporation reported $1.31B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is WDC revenue growing?
    Western Digital Corporation's revenue changed +35.7% in fiscal 2026, to $12.92B. Its compound annual growth rate was -5.3% over 5 years.
  • What is WDC gross margin?
    Western Digital Corporation's gross profit was $7.62B on $14.48B of revenue for the twelve months ended Oct 2, 2026, a gross margin of 52.6%.
  • What is WDC free cash flow?
    Western Digital Corporation generated $4.29B of free cash flow for the twelve months ended Oct 2, 2026, which is operating cash flow of $4.86B less capital expenditures.
  • What is WDC earnings per share?
    Diluted earnings per share were $25.84 for the twelve months ended Oct 2, 2026, from SEC filings, restated for any stock split those filings show.
  • When did WDC last report financial results?
    The latest statements here come from Western Digital Corporation's 10-Q filed on Oct 23, 2026, covering the period ended Oct 2, 2026.
  • Where does this WDC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Western Digital Corporation files with the SEC. It is provided for information only and is not investment advice.