In fiscal 2026, which ended Jul 3, 2026, Western Digital Corporation reported revenue of $12.9 billion, up 35.7% from the year before. Net income was $9.4 billion, a profit margin of 72.9%. Operating income came to $4.5 billion, an operating margin of 34.5%. Diluted earnings per share were $24.28. Over the twelve months ended Oct 2, 2026, revenue was $14.5 billion and net income was $10.0 billion. Across the 8 fiscal years shown, revenue shrank from $16.6 billion in fiscal 2019 to $12.9 billion in fiscal 2026, about 3.5% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2027
Oct 2, 2026
|
FY 2026
Jul 3, 2026
|
FY 2025
Jun 27, 2025
|
FY 2024
Jun 28, 2024
|
FY 2023
Jun 30, 2023
|
FY 2022
Jul 1, 2022
|
FY 2021
Jul 2, 2021
|
FY 2020
Jul 3, 2020
|
FY 2019
Jun 28, 2019
|
FY 2018
Jun 29, 2018
|
FY 2017
Jun 30, 2017
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
14,482
+43.0%
|
12,919
+35.7%
|
9,520
+50.7%
|
6,317
+1.0%
|
6,255
-66.7%
|
18,793
+11.1%
|
16,922
+1.1%
|
16,736
+1.0%
|
16,569
|
—
|
—
|
| Cost of revenue |
6,864
+14.2%
|
6,608
+13.4%
|
5,828
+28.3%
|
4,544
-6.6%
|
4,864
-62.4%
|
12,919
+4.2%
|
12,401
-4.3%
|
12,955
+1.1%
|
12,817
-1.0%
|
12,942
-0.6%
|
13,021
+36.2%
|
| Gross profit |
7,618
+85.2%
|
6,311
+70.9%
|
3,692
+108.2%
|
1,773
+27.5%
|
1,391
-76.3%
|
5,874
+29.9%
|
4,521
+19.6%
|
3,781
+0.8%
|
3,752
-51.3%
|
7,705
+26.9%
|
6,072
+76.8%
|
| Selling, general and administrative |
575
+14.5%
|
551
-3.0%
|
568
-21.8%
|
726
-10.0%
|
807
-27.8%
|
1,117
+1.1%
|
1,105
-4.2%
|
1,153
-12.5%
|
1,317
-10.6%
|
1,473
+1.9%
|
1,445
+44.9%
|
| Operating income |
5,707
+104.4%
|
4,453
+90.8%
|
2,334
+679.2%
|
-403
+26.5%
|
-548
-122.9%
|
2,391
+96.0%
|
1,220
+264.2%
|
335
+285.1%
|
87
-97.6%
|
3,617
+85.1%
|
1,954
+319.3%
|
| Other income (expense) |
4,899
+962.5%
|
5,452
+552.8%
|
-1,204
-258.3%
|
-336
-11.6%
|
-301
-36.8%
|
-220
+24.9%
|
-293
+23.1%
|
-381
-1.9%
|
-374
+75.6%
|
-1,532
-29.3%
|
-1,185
-278.6%
|
| Pretax income |
10,606
+376.9%
|
9,905
+776.5%
|
1,130
+252.9%
|
-739
+13.0%
|
-849
-139.1%
|
2,171
+134.2%
|
927
+2115.2%
|
-46
+84.0%
|
-287
-113.8%
|
2,085
+171.1%
|
769
+402.6%
|
| Income tax |
585
+230.6%
|
481
+193.8%
|
-513
-2073.1%
|
26
-50.9%
|
53
-91.5%
|
625
+489.6%
|
106
-48.0%
|
204
-56.3%
|
467
-66.9%
|
1,410
+279.0%
|
372
+518.0%
|
| Net income |
10,021
+288.7%
|
9,424
+398.9%
|
1,889
+336.7%
|
-798
+52.6%
|
-1,684
-208.9%
|
1,546
+88.3%
|
821
+428.4%
|
-250
+66.8%
|
-754
-211.7%
|
675
+70.0%
|
397
+64.0%
|
| Net income to common |
9,913
+294.8%
|
9,286
+404.7%
|
1,840
+316.0%
|
-852
+50.1%
|
-1,708
|
—
|
—
|
—
|
—
|
—
|
—
|
| Basic EPS |
28.31
+291.4%
|
26.92
+407.0%
|
5.31
+303.4%
|
-2.61
+51.4%
|
-5.37
-208.3%
|
4.96
+84.4%
|
2.69
+420.2%
|
-0.84
+67.4%
|
-2.58
-213.7%
|
2.27
+64.5%
|
1.38
+36.6%
|
| Diluted EPS |
25.74
+273.1%
|
24.28
+374.2%
|
5.12
+296.2%
|
-2.61
+51.4%
|
-5.37
-209.8%
|
4.89
+83.8%
|
2.66
+416.7%
|
-0.84
+67.4%
|
-2.58
-217.3%
|
2.20
+64.2%
|
1.34
+34.0%
|
| Weighted average shares, basic |
350
+0.9%
|
345
-0.6%
|
347
+6.4%
|
326
+2.5%
|
318
+1.9%
|
312
+2.3%
|
305
+2.3%
|
298
+2.1%
|
292
-1.7%
|
297
+3.1%
|
288
+20.5%
|
| Weighted average shares, diluted |
385
+5.8%
|
383
+6.7%
|
359
+10.1%
|
326
+2.5%
|
318
+0.6%
|
316
+2.3%
|
309
+3.7%
|
298
+2.1%
|
292
-4.9%
|
307
+3.7%
|
296
+22.3%
|
| Other measures | |||||||||||
| Depreciation and amortization |
—
|
375
-16.9%
|
451
-20.6%
|
568
-31.4%
|
828
-10.9%
|
929
-23.3%
|
1,212
-22.6%
|
1,566
-13.6%
|
1,812
-11.9%
|
2,056
-3.4%
|
2,128
+84.4%
|
| EBITDA |
—
|
4,828
+73.4%
|
2,785
+1587.9%
|
165
-41.1%
|
280
-91.6%
|
3,320
+36.5%
|
2,432
+27.9%
|
1,901
+0.1%
|
1,899
-66.5%
|
5,673
+39.0%
|
4,082
+152.0%
|
| Interest coverage |
48.78x
|
26.99x
|
6.54x
|
-0.97x
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Margins | |||||||||||
| Gross margin |
52.60%
|
48.85%
|
38.78%
|
28.07%
|
22.24%
|
31.26%
|
26.72%
|
22.59%
|
22.64%
|
—
|
—
|
| Operating margin |
39.41%
|
34.47%
|
24.52%
|
-6.38%
|
-8.76%
|
12.72%
|
7.21%
|
2.00%
|
0.53%
|
—
|
—
|
| Pretax margin |
73.24%
|
76.67%
|
11.87%
|
-11.70%
|
-13.57%
|
11.55%
|
5.48%
|
-0.27%
|
-1.73%
|
—
|
—
|
| Profit margin |
69.20%
|
72.95%
|
19.84%
|
-12.63%
|
-26.92%
|
8.23%
|
4.85%
|
-1.49%
|
-4.55%
|
—
|
—
|
| EBITDA margin |
—
|
37.37%
|
29.25%
|
2.61%
|
4.48%
|
17.67%
|
14.37%
|
11.36%
|
11.46%
|
—
|
—
|
| Effective tax rate |
5.52%
|
4.86%
|
-45.40%
|
—
|
—
|
28.79%
|
11.43%
|
—
|
—
|
67.63%
|
48.37%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Computer Storage Devices (SIC 3572)
- Listed as
- WDC (Nasdaq)
- Fiscal year ends
- July 3
- Incorporated in
- DE
- Headquarters
- San Jose, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 106040
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.