Revenue segments as reported by the company.

Flash

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Employee termination, asset impairment and other charges

Business separation costs

Litigation matter

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Western Digital

SanDisk is a manufacturer of flash memory products, including memory cards and readers, USB flash drives, and solid state drives. As of February 2015, SanDisk is the third-largest manufacturer of flash memory. On May 12, 2016, SanDisk was acquired by hard drive manufacturer Western Digital in a US$19 billion deal.

SanDisk

HGST is a wholly owned subsidiary of Western Digital that sells hard disk drives, solid-state drives, and external storage products and services.

HGST

Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Flash and Hard Disk Drive segments. The Flash segment represents flash-based data storage devices. The Hard Disk Drive segment provides hard disk storage solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Western Digital faces revenue decline but anticipates improvement and cost reduction

Western Digital's Q3 performance reflects a mixed picture with revenue and margin improvements in certain segments but overall decline in total revenue. The company is focused on proactive cost management, investment decisions, and automation to address ongoing financial challenges. Despite the current market environment, there are opportunities for improvement in the second half and cost reduction with BiCS8.

Western Digital faces revenue decline and operational challenges in Q2

Western Digital's Q2 performance reflects revenue decline, operational challenges, and strategic actions to reset the business. Despite facing headwinds in the cloud segment, the company is strengthening its financial position and focusing on cost reduction. Opportunities exist in market stabilization, product demand improvement, and strategic financial management.

Western Digital exceeds Q3 expectations amidst demand stabilization signs

Western Digital's Q3 performance showed resilience with signs of demand stabilization and strategic actions yielding positive results in both HDD and Flash businesses. While facing revenue challenges and margin pressures, the company remains focused on addressing network security incidents and optimizing cost management strategies.

Western Digital reports Q4 revenue growth and anticipates technology opportunities

Western Digital's Q4 performance showcased revenue growth in flash shipments, operational optimization, and stabilization of hard drive demand.
The company's strengths lie in executing an innovative product roadmap, enhancing liquidity, and anticipating growth in data center technologies.
Challenges include underutilization charges, margin management concerns, and the impact of lower CapEx on future investments.
Opportunities include expected growth in 26 terabyte drives, SMR technology adoption, and recovery in nearline units, presenting avenues for business expansion.

Western Digital plans to spin off flash business for growth

Western Digital's Q1 performance exceeded revenue expectations but reported a non-GAAP loss per share, with sequential growth in flash revenue and challenges in HDD revenue.
The company's strategic decision to spin off the flash business aims to unlock shareholder value and capitalize on the flash market's growth potential.
Opportunities lie in the HDD business's innovation and growth prospects, while challenges include underutilization charges and market weaknesses in China.
Dynamic management of wafer starts and a focus on profitability and free cash flow are key strategies moving forward for Western Digital.

Western Digital meets Q2 expectations, eyes NAND market growth

Western Digital's Q2 performance met expectations with strengths in flash business management and sequential revenue growth.
Challenges include operating losses, cash outflow, and client revenue decline due to flash ASP increase.
Opportunities lie in the growing demand for NAND bits at the edge, cost reduction trends, and emerging enterprise SSD market.
Overall, Western Digital's focus on product leadership and profitability improvement positions it for long-term success.

Western Digital exceeds Q3 expectations, focuses on AI growth

Western Digital's Q3 2024 earnings call showcased strong financial performance, exceeding revenue and EPS expectations.
The company is strategically positioned to capitalize on increasing AI demand, with a focus on profitability and market leadership.
Challenges include managing bit growth, monitoring AI impact on HDD demand, and maintaining gross margin targets.
Opportunities lie in leading technology development, tailored product offerings, and partnerships for market advantage.

Western Digital reports strong Q4 earnings, eyes growth opportunities

Western Digital's Q4 performance reflects solid revenue and earnings, driven by growth in Flash and HDD segments.
The company's strengths in innovation, market positioning, and strategic planning position it well for future growth.
While facing challenges such as dis-synergy costs and industry dynamics, Western Digital has opportunities to capitalize on market trends and drive further revenue growth.

Western Digital excels in Q1 2025 earnings, anticipates sequential growth

Western Digital's Q1 performance reflects a robust financial position with strong revenue and earnings growth. The company's strategic focus on Flash and HDD businesses, along with the ongoing separation process, positions it well for future opportunities and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Western Digital (WDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Western Digital (WDC) to Report a Decline in Earnings: What to Look Out for

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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its third quarter fiscal 2021 financial results after the market closes on Thursday, April 29, 2021. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. The live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com. About Western Digital Western Digital creates environments for data to th

Western Digital to Announce Third Quarter Fiscal 2021 Financial Results on April 29, 2021

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The tech company will benefit from stronger-than-expected pricing for NAND flash-memory products in the face of tight supplies, analyst Jim Suva asserts.

Western Digital Earnings Should Beat Street Consensus, Citi Says

Western Digital (WDC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Western Digital (WDC) Might be Well Poised for a Surge

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Micron Technology Inc. (NASDAQ: MU) and Western Digital Corp. (NASDAQ: WDC) shares were trading higher Thursday amid a report from the Wall Street Journal that the chipmakers are both eyeing an acquisition of the privately held Japanese semiconductor company Kioxia.  Micron Technology posted a second-quarter earnings beat Wednesday.

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Western Digital (WDC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Western Digital (WDC) is Poised to Beat Earnings Estimates Again

Western Digital has been a strong performer for investors over both the near and longer term.

Western Digital: Time To Ring The Bell And Move On

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SAN JOSE, Calif.--(BUSINESS WIRE)--Built for consumers who are searching for a stylish and reliable solution to share content across their compatible devices, including iPhone devices and Mac computers,1 Western Digital (NASDAQ: WDC) announced today the company's first flash drive with dual Lightning and USB Type-C connectors, the SanDisk® iXpand® Flash Drive Luxe. With both Lightning and USB Type-C connectors and an all-metal casing, the SanDisk iXpand Flash Drive Luxe provides a sleek way for

Western Digital Releases Its First 2-in-1 Flash Drive for Moving Content Seamlessly Between iPhone and USB Type-C™ Devices

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) will host a virtual investor event on Thursday, March 18 beginning at 1:00 p.m. PT / 4:00 p.m. ET. The presentation, hosted by Dr. Siva Sivaram, President of Technology and Strategy, will focus on flash technology, detailing the structural and strategic underpinnings that allow Western Digital to deliver new technologies and industry transforming products. Dr. Sivaram will also discuss the company's flash joint venture, stra

Reminder: Western Digital Announces Virtual Investor Event to Showcase Flash Technology Overview on March 18, 2021

Western Digital stock is up almost 10% since the beginning of 2020, and at the current price of around $69 per share, we believe that WDC stock has around 15% potential downside. Why is that?

Up 2x In The Past Year, Is Western Digital Stock Now Too Expensive?

Western Digital Announces Virtual Investor Event to Showcase Flash Technology Overview on March 18, 2021

The shares of Western Digital Corporation (NASDAQ: WDC) have received a price target increase from $56 to $85 by Goldman Sachs. These are the details.

WDC Stock Price: $85 Target (Up From $56) By Goldman Sachs

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The shares of Western Digital Corporation (NASDAQ:WDC) are up 4% at $66 at last check, after Goldman Sachs upgraded the stock to "buy" from "neutral," with a price-target hike to $85 from $56.

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Western Digital Corporation (WDC) Management on Morgan Stanley Technology, Media and Telecom Conference (Transcript)

Western Digital (WDC) reported earnings 30 days ago. What's next for the stock?

Western Digital (WDC) Up 30.2% Since Last Earnings Report: Can It Continue?

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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC), a leader in data infrastructure, announced today it has been recognized by the Ethisphere Institute for the third year in a row as one of the World's Most Ethical Companies. Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, recognized a total of 135 honorees this year, spanning 22 countries and 47 industries. Western Digital was one of just six companies recognized

Western Digital Named One of the World's Most Ethical Companies by Ethisphere for the Third Year in a Row

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Better Buy: Western Digital vs. Intel Corporation

TOKYO & SAN JOSE, Calif.--(BUSINESS WIRE)--Kioxia Corporation and Western Digital Corp. (NASDAQ: WDC), today announced that the companies have developed their sixth-generation, 162-layer 3D flash memory technology. Marking the next milestone in the companies' 20-year joint-venture partnership, this is the companies' highest density and most advanced 3D flash memory technology to date, utilizing a wide range of technology and manufacturing innovations. “Through our strong partnership that has sp

News for Western Digital Stock (WDC)