Western Digital Corporation

Western Digital Corporation

WDC
Western Digital CorporationUS flagNASDAQ Global Select
337.42
USD
-19.03
- -
126.31BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
64.38
62.81
54.37
66.3
69.52
56.74
56.16
55.48
60.23
19.67
19.38
27.44
37.45
37.5
Basic EPS, GAAP
6.88
6.31
1.01
1.38
2.27
-2.58
-0.84
2.69
4.96
-5.37
-2.61
5.31
26.92
26.84
Free Cash Flow per Basic Share
9.31
7.03
5.85
9.93
11.35
2.3
0.59
2.47
2.43
-3.86
-2.4
3.69
10.18
10.19
Dividend per Share
1.1
1.71
1.94
1.99
2
2
2
- -
- -
- -
- -
0.13
0.53
0.53
Book Value per Share
37.79
40.08
39.24
38.84
38.96
33.79
31.63
34.81
38.8
34.05
31.54
15.31
24.55
24.55
Tangible Book Value per Share
24.91
26.61
-13.52
-8.23
-4.14
-6.17
-4.82
0.69
6.24
2.63
18.95
2.86
12.58
12.58
Basic Weighted Avg Shares
235
232
239
288
297
292
298
305
312
318
326
347
345
344
Sales/Revenue/Turnover
15,130
14,572
12,994
19,093
20,647
16,569
16,736
16,922
18,793
6,255
6,317
9,520
12,919
12,919
Operating Margin (%)
12.47
12.26
6.24
11.45
18.56
1.53
2.19
6.93
12.95
-6.43
1.54
22.37
35.6
35.6
Depreciation Expense
1,244
1,114
1,154
2,128
2,056
1,812
1,566
1,212
929
828
568
451
375
375
Net Income, GAAP
1,617
1,465
242
397
675
-754
-250
821
1,546
-1,684
-798
1,861
9,298
9,298
Effective Tax Rate (%)
7.71
7.1
- -
48.37
67.63
- -
- -
11.43
28.79
- -
- -
- -
4.86
4.86
Profit Margin (%)
10.69
10.05
1.86
2.08
3.27
-4.55
-1.49
4.85
8.23
-26.92
-12.63
19.55
71.97
71.97
Working Capital
4,875
5,275
5,635
6,712
6,182
4,660
4,642
4,887
4,216
2,452
1,973
438
1,394
1,394
LT Debt
2,313
2,149
13,660
12,918
10,993
10,246
9,289
8,474
7,022
5,857
5,684
2,485
- -
- -
Total Equity
8,842
9,219
11,145
11,418
11,531
9,967
9,551
10,721
12,221
11,840
11,047
5,540
8,864
8,864
Return on Invested Capital (%)
16.48
14.4
- -
4.28
5.25
- -
- -
5.35
8.71
- -
- -
- -
41.4
41.4
Return on Capital (%)
15.8
13.1
- -
3.17
3.78
- -
- -
5.75
9.11
- -
- -
- -
92.52
93.77
Return on Common Equity (%)
19.32
16.22
2.38
3.52
5.88
-7.01
-2.56
8.1
13.48
-14.73
-7.82
22.87
131.02
130.47

Capital Structure

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
2,226
1,581
1,052
LT Borrowings
2,429
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
229
- -
- -
Shares Outstanding
340
345
361
Market Capitalization
58,572
93,319
230,578

Working Capital

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
7,531
6,911
5,634
Cash, Cash Equivalents & STI
4,043
3,237
1,579
Accounts Receivable, Net
1,685
1,894
2,026
Inventories
1,349
1,357
1,511
Total Current Liabilities
5,176
4,637
4,240
Payables & Accruals
2,491
2,555
2,637
ST Debt
2,226
1,581
1,052
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.23%
2.86%
60%
Free Cash Flow
-9.37%
-77.41%
174.51%
Net Income, GAAP
-67.97%
-21.36%
399.62%
Sales/Revenue/Turnover
6.92%
6.35%
35.7%
Total Cash Common Dividend
- -
- -
537.04%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,750
3,032
1,752
3,764
6,317
2025
2,212
2,409
2,294
2,605
9,520
2026
2,818
3,017
3,337
3,747
12,919

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.17
-0.93
0.34
0.09
-2.61
2025
1.43
1.68
1.49
0.72
5.31
2026
3.41
5.27
9.37
8.77
26.92

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.13
2026
0.11
0.14
0.13
0.15
0.53

Company Description

CEO
Tiang Yew Tan
Full Time Employees
40,000
Sector
Technology
Industry
Computer Hardware
Address
5601 Great Oaks Parkway San Jose CA United States of America 95119
IPO Date
Oct 31, 1978
Business
Western Digital Corporation specializes in the design, manufacture, and sale of data storage devices and solutions. The company's core product portfolio includes hard disk drives (HDDs) for personal computers, enterprise data centers, surveillance systems, and gaming consoles; solid-state drives (SSDs) for consumer, enterprise, and data center applications; flash memory products for mobile devices, USB drives, and embedded systems; and external storage devices for personal and small business use. Western Digital also offers data center systems and platforms including high-capacity Ultrastar enterprise drives and NAS (network-attached storage) solutions, delivering scalable and high-performance storage tailored to cloud service providers, hyperscale data centers, and business enterprises. The company markets its products globally and operates under recognized brands such as WD and SanDisk. Founded in 1970 and headquartered in Irvine, California, Western Digital recently authorized a $2.0 billion share repurchase program as part of its capital return strategy. In the last 1-2 years, the company has made significant strategic moves including the spin-off of SanDisk, which became an independent entity in 2025, and a focus on next-generation storage technologies highlighted by its presentations at key technology and AI conferences. Western Digital also advanced ecosystem collaborations by qualifying SSDs with leading technology partners such as DapuStor, Kioxia, and Phison. Additionally, the company maintains a strategic partnership with DDN, which acquired Western Digital’s IntelliFlash enterprise storage business, enhancing Western Digital’s focus on core HDD and SSD innovation. Market analysts have noted Western Digital's strong positioning amid growing demand for high-capacity drives and AI-driven storage solutions, underscored by solid financial performance and robust operational efficiency. The company's product segments serve a broad customer base including consumers, SMBs, large enterprises, cloud providers, and governments across North America, Europe, Asia, and other regions. Western Digital’s comprehensive storage technology and solutions portfolio supports data-intensive applications in personal computing, big data analytics, cloud infrastructure, gaming, security surveillance, and industrial IoT. The company remains committed to innovation, expanding its product lineup with new storage platforms and optimized flash memory solutions designed to meet evolving market needs and sustain its leadership in the global data storage industry.

Company News

  • Western Digital (WDC) Stock Declines While Market Improves: Some Information for Investors

  • Memory Stocks Extend Selloff on China Competition Fears: Western Digital Slides 5%, SanDisk Drops 3%, Micron Slips

  • AI Trade Takes Another Hit Thursday as Tech Sell-Off Continues

  • Western Digital: The AI Winner Investors Refuse To Pay Up For

  • Seagate Is the Better Trade, Analyst Says — but What's Holding Western Digital Back?

  • Western Digital Over Seagate: Toshiba Selloff Changes Little

  • SK Hynix Sinks 5% as China's CXMT Aims at Server Memory; Western Digital Drops 4%, Micron Falls 3%

  • Is Trending Stock Western Digital Corporation (WDC) a Buy Now?

  • Western Digital Lost One Third Its Value Over 3 Months: It'S Ready to Provide 175% Returns Says This Wall Street Pro

  • 5 Things to Know Before the Stock Market Opens on Wednesday

  • Forget NVIDIA: Jim Cramer Says US Chip Stocks Are 'Joined at the Hip' With SK hynix

  • Stock Market in "Collapsing" AI Trade? Gareth Soloway on Memory Rotation, "Topping" Yields

  • SK Hynix Sinks 6% as Seoul Selloff Extends to Fifth Session; Western Digital and Seagate Drop 7%

  • Can Western Digital Sustain 44% Revenue Growth in Fiscal 2027?

  • Memory Stocks Slide as China's CXMT Flags Denser Chip Design: Micron and SK Hynix Fall 4%, Western Digital Drops 2%

  • Western Digital (WDC) Outperforms Broader Market: What You Need to Know

  • Benzinga's 'Stock Whisper' Index: Five Stocks Investors Secretly Monitor But Don't Talk About Yet

  • Not Micron. Not Sandisk. This Memory Stock Is Quietly Gaining Share.

  • Western Digital (WDC) Sees a More Significant Dip Than Broader Market: Some Facts to Know

  • Western Digital Crushed the S&P 500 Over 10 Years. Now AI Is Changing Everything