Western Digital (WDC) financials
Western Digital revenue and earnings by year
Western Digital's revenue was $12.9 billion in the fiscal year to July 3, 2026, up 35.7% from the year before. Net income was $9.42 billion, 72.9% of revenue. Since the fiscal year to June 30, 2017, revenue has shrunk 4.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Jul 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jun 2019 | Jun 2018 | Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.9 | 9.5 | 6.3 | 6.3 | 18.8 | 16.9 | 16.7 | 16.6 | 20.6 | 19.1 |
| Revenue growth | 35.7% | 50.7% | 1.0% | -66.7% | 11.1% | 1.1% | 1.0% | -19.8% | 8.1% | — |
| Gross profit | 6.3 | 3.7 | 1.8 | 1.4 | 5.9 | 4.5 | 3.8 | 3.8 | 7.7 | 6.1 |
| Gross margin | 48.9% | 38.8% | 28.1% | 22.2% | 31.3% | 26.7% | 22.6% | 22.6% | 37.3% | 31.8% |
| Operating income | 4.5 | 2.3 | -0.4 | -0.5 | 2.4 | 1.2 | 0.3 | 0.1 | 3.6 | 2.0 |
| Operating margin | 34.5% | 24.5% | -6.4% | -8.8% | 12.7% | 7.2% | 2.0% | 0.5% | 17.5% | 10.2% |
| Net income | 9.4 | 1.9 | -0.8 | -1.7 | 1.5 | 0.8 | -0.3 | -0.8 | 0.7 | 0.4 |
| Net margin | 72.9% | 19.8% | -12.6% | -26.9% | 8.2% | 4.9% | -1.5% | -4.6% | 3.3% | 2.1% |
| Diluted EPS | $24.28 | $4.42 | -$2.01 | -$4.06 | $3.70 | $2.01 | -$0.64 | -$1.99 | $1.59 | $0.97 |
| Free cash flow | 3.5 | 1.3 | -0.6 | -1.2 | 0.8 | 0.9 | 0.2 | 0.8 | 3.4 | 2.9 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open WDC in Markets.
How Western Digital makes money
Revenue by segment in the quarter to October 2, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Cloud | $3.87B | 88.3% |
| Client Devices | $320M | 7.3% |
| Consumer | $193M | 4.4% |
See also: WDC valuation and P/E history · WDC returns
No forecast, no recommendation. This page describes Western Digital from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.