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WDC

Western Digital·NASDAQ
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WDC fundamentals

Western Digital (WDC) released its earnings on Jan 29, 2026: revenue was 3.02B (YoY -29.59%), beat estimates; EPS was 2.13 (YoY +59.25%), beat estimates.
Revenue / YoY
3.02B
-29.59%
EPS / YoY
2.13
+59.25%
Report date
Jan 29, 2026
WDC Earnings Call Summary for Q2,2026
  • Revenue Growth: Q2 revenue $3B (+25% YoY), Q3 guidance $3.2B (+40% YoY), driven by hyperscale demand for ePMR/HAMR drives.
  • Gross Margin Expansion: 46.1% in Q2 (770bps YoY), guided to 47-48% in Q3, supported by 10% YoY cost per terabyte reduction.
  • Customer Commitment: LTAs with top seven customers through 2026, and three customers with agreements extending to 2027-2028.
  • Innovation Momentum: 3.5M ePMR units shipped, HAMR qualification underway, and 50% of nearline portfolio now UltraSMR.
  • Cash Flow Strength: $653M free cash flow in Q2, $1.4B returned to shareholders, with plans to reduce debt via SanDisk share monetization.
EPS
Revenue

Revenue & Expenses

WDC has released its 2026 Q2 earnings report, with revenue of 3.02B, reflecting a YoY change of 25.24%, and net profit of 1.84B, showing a YoY change of 210.10%. The Sankey diagram below clearly presents WDC's revenue sources and cost distribution.

Key Indicators

Western Digital (WDC) key financial stats and ratios, covering profitability, financial health, and leverage.
Western Digital (WDC)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Western Digital (WDC)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Western Digital (WDC)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Western Digital (WDC) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Western Digital (WDC) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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