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

Cerence

Las Vegas Sands

Marriott

This month's rally has been driven by vaccine optimism causing investors to increase their exposure to undervalued stocks that would benefit from a COVID-recovery. Using deep learning algorithms, we have crunched the data to give you a set of Top Shorts.

Top Stocks To Short As Dow Scorches Past 30,000 Points

Allstate

CVS Health

Michael Burry, the investor famous for his "Big Short" investment in the 2008 subprime mortgage crisis, disclosed Scion Asset Management's top five trades for the third quarter earlier this week, which included the closure of its Bed Bath & Beyond Inc. (NASDAQ:BBBY) holding and new positions in Facebook Inc. (NASDAQ:FB), Western Digital Corp. (NASDAQ:WDC), CVS Health Corp. (NYSE:CVS) and Allstate Corp. (NYSE:ALL).

Michael Burry's Top 5 Trades of the 3rd Quarter

Cheesecake Factory

KAR Auction Services

Southwest Airlines

United States Steel

After markets yesterday sharply sold off in the closing minutes, stocks fell slightly again today. If this pace keeps up, markets will close down for the third consecutive day.

Top Stocks To Short Today As Vaccine Rally And Unemployment Data Disappoints

Western Digital Corporation (WDC) 2020 Virtual Annual Meeting of Stockholders Conference (Transcript)

Alexion Pharma

Altria

Walgreens

Value investors, get those shopping carts ready.

4 of the Cheapest Stocks to Buy Right Now

SAN JOSE, Calif.--(BUSINESS WIRE)-- #callofduty--Western Digital and Call of Duty reimagine three high-performance WD_BLACK products to create special edition storage drives for gamers.

New Special Edition WD_BLACK Drives From Western Digital Enable Gamers to Heed the Call of Duty

Illumina

Twist Bioscience Corp

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- #DNA--Twist Bioscience Corporation (NASDAQ: TWST), Illumina, Inc. (NASDAQ: ILMN) and Western Digital (NASDAQ: WDC) today announced the formation of an alliance with Microsoft to advance the field of DNA data storage. These founding companies, alongside member organizations, will work together to create a comprehensive industry roadmap that will help the industry achieve interoperability between solutions and help establish the foundations for a cost-effec

Twist Bioscience, Illumina and Western Digital Form Alliance with Microsoft to Advance Data Storage in DNA

Western Digital's (WDC) fiscal first-quarter 2021 performance was driven by higher demand for flash solutions in the gaming market. However, weakness in enterprise market was a drag on the performance.

Western Digital's (WDC) Q1 Earnings & Revenues Beat Estimates

Western Digital (WDC) delivered earnings and revenue surprises of 20.37% and 2.32%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Western Digital (WDC) Surpasses Q1 Earnings and Revenue Estimates

Western Digital Corp. WDC shares ticked higher in the extended session Wednesday after the data storage device company's results topped Wall Street estimates but its outlook was more conservative. Western Digital shares rose 2% after hours, following a 3.8% decline in the regular session to close at $38.81.

Western Digital stock rises as results top Street view

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WDC--Western Digital Corp. (Nasdaq: WDC) today reported fiscal first quarter 2021 financial results. “I am pleased with our results, as we continued to focus our execution on the massive market opportunity for data storage technology that stems from the ongoing expansion of cloud infrastructure connected to intelligent endpoints and powered by high performance networks,” said David Goeckeler, Western Digital CEO. “While we are still managing through macro uncertain

Western Digital Reports Fiscal First Quarter 2021 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today announced that it has hired 20-year Dell Technologies veteran, Ashley Gorakhpurwalla, as executive vice president and general manager of Western Digital's HDD business unit. Most recently, Gorakhpurwalla was president and general manager of Servers and Infrastructure Systems at Dell EMC, where he led a $20 billion business that included the company's PowerEdge Server, Hyperconverged Infrastructure and Extreme Scale Inf

Western Digital Hires 20 Year Dell EMC Veteran Ashley Gorakhpurwalla as Executive Vice President and General Manager of Its HDD Business

In this article we will take a look at whether hedge funds think Western Digital Corporation (NASDAQ:WDC) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically outperformed the market after adjusting for known risk factors.

Was The Smart Money Right About Piling Into Western Digital Corporation (WDC)?

Dell Technologies

Nutanix

Intel's problems could take some time to work out. In the meantime, these three names look like better value stocks in the tech sector.

Ignore Intel: Here Are 3 Better Stocks

Dropbox

Last year, Dropbox talked about making a shift to Shingled Magnetic Recording or SMR disks for short because of the efficiency they can give a high volume storage platform like theirs. Today, Western Digital announced that Dropbox was one of the first companies to qualify their Ultrastar® DC HC650 20TB, host-managed SMR hard disks.

Dropbox begins shift to high efficiency Western Digital Shingled Magnetic Recording disks

SAN JOSE, Calif.--(BUSINESS WIRE)--Empowering the world's most essential data infrastructures, Western Digital Corp. (NASDAQ: WDC) today announced that Dropbox Inc. (NASDAQ: DBX), a leading global collaboration platform, is one of the first to qualify the Ultrastar® DC HC650 20TB, host-managed, shingled magnetic recording (SMR) hard disk drives (HDD). With Western Digital SMR HDDs serving as the storage foundation for its custom-built, multi-exabyte storage platforms, Dropbox continues its stra

Western Digital and Dropbox Team to Accelerate Deployment of Leading-Edge Cloud Infrastructure for Today's Online World

Western Digital's (WDC) fiscal first-quarter 2021 performance is likely to reflect higher demand for its enterprise SSDs and gaming flash solutions.

Factors to Note Ahead of Western Digital's (WDC) Q1 Earnings

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital today expanded its line up of SanDisk mobile solutions with new, innovative wireless chargers.

Western Digital Expands Mobile Solutions Line in the U.S. With Innovative Wireless Chargers

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its first quarter fiscal 2021 financial results after the market closes on Wednesday, October 28, 2020. 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

Western Digital to Announce First Quarter Fiscal 2021 Financial Results on October 28, 2020

Alaska Air Group

Applied Materials

Lam Research

Intel

The Parnassus Endeavor Fund (Trades, Portfolio) released its third-quarter portfolio earlier this week, revealing potential value opportunities as the Covid-19 pandemic continues to impact the market.

The Top 5 Trades of the Parnassus Endeavor Fund

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) is helping gamers enhance their setups and adapt to the evolving gaming landscape heralded by the next generation of games with today’s introduction of three new and upcoming products for its WD_BLACK portfolio of storage solutions. These include its first NVMe solid-state drive (SSD) with next-gen PCIe® Gen4 technology, a fully bootable Gen3 x8 add-in-card and a Thunderbolt 3-powered NVMe SSD gaming dock, each offering eye-

Western Digital Redefines the Next-Gen Gaming Experience with Expanded WD_BLACK Portfolio

We believe Western Digital stock has the potential for strong gains once fears surrounding the Covid outbreak are put to rest. Western Digital trades at $36 currently and has lost 41% in value so far this year.

Strong Upside Potential For Western Digital Stock?

New product launches including SanDisk Extreme and SanDisk Extreme PRO SSDs amid exponential growth in SSD market are likely to drive Western Digital's (WDC) top line.

Western Digital (WDC) Adds Two New SSDs to SanDisk Portfolio

AT&T

Rather than buying high-growth tech stocks in the third quarter, I purchased shares of generally boring but time-tested businesses.

3 Boring but Beautiful Stocks I Bought in Q3

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital today released two new SanDisk® portable SSDs that offer nearly 2x the speed over previous generations.

News for Western Digital Stock (WDC)