Western Digital Corporation income statement WDC

In Q1 of fiscal 2027, the quarter ended Oct 2, 2026, Western Digital Corporation reported revenue of $4.4 billion, up 55.5% from the same quarter a year earlier. Net income was $1.8 billion, a profit margin of 40.6%. Operating income came to $2.0 billion, an operating margin of 46.7%. Diluted earnings per share were $4.63.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Oct 2, 2026
Q1 FY2027
Oct 2, 2026
Q4 FY2026
Jul 3, 2026
Q3 FY2026
Apr 3, 2026
Q2 FY2026
Jan 2, 2026
Q1 FY2026
Oct 3, 2025
Q4 FY2025
Jun 27, 2025
Q3 FY2025
Mar 28, 2025
Q2 FY2025
Dec 27, 2024
Revenue
14,482
+43.0%
4,381
+55.5%
3,747
+43.8%
3,337
+45.5%
3,017
+25.2%
2,818
+27.4%
2,605
+30.0%
2,294
+30.9%
2,409
+76.2%
Cost of revenue
6,864
+14.2%
1,847
+16.1%
1,719
+11.8%
1,661
+20.2%
1,637
+9.0%
1,591
+13.2%
1,538
+17.7%
1,382
+12.1%
1,502
-40.9%
Gross profit
7,618
+85.2%
2,534
+106.5%
2,028
+90.1%
1,676
+83.8%
1,380
+52.1%
1,227
+52.2%
1,067
+53.1%
912
+75.7%
907
+189.8%
Selling, general and administrative
575
+14.5%
162
+17.4%
138
+11.3%
147
+36.1%
128
-3.0%
138
-32.4%
124
-32.6%
108
-38.6%
132
-33.3%
Operating income
5,707
+104.4%
2,046
+158.3%
1,563
+129.9%
1,190
+56.6%
908
+62.1%
792
+137.1%
680
+847.3%
760
+708.5%
560
+366.7%
Interest income
41
-25.5%
7
-58.8%
10
-50.0%
12
+20.0%
12
+33.3%
17
+142.9%
20
+150.0%
10
+25.0%
9
-25.0%
Interest expense
117
-63.1%
11
-81.4%
14
-81.1%
38
-58.2%
54
-41.9%
59
-40.4%
74
91
93
Other non-operating income (expense)
-5
+88.9%
-4
+83.3%
0
+100.0%
6
+500.0%
-7
+30.0%
-24
-2500.0%
-13
-62.5%
1
+116.7%
-10
-121.3%
Pretax income
10,606
+376.9%
2,038
+52.4%
3,247
+835.7%
3,359
+4439.2%
1,962
+321.0%
1,337
+450.2%
347
+279.8%
74
+716.7%
466
+279.9%
Income tax
585
+230.6%
259
+67.1%
52
-45.3%
154
+122.1%
120
155
+72.2%
95
+79.2%
-698
-17350.0%
0
-100.0%
Net income
10,021
+288.7%
1,779
+50.5%
3,195
+1033.0%
3,205
+516.3%
1,842
+210.1%
1,182
+139.8%
282
+623.1%
520
+285.2%
594
+307.0%
Basic EPS
28.31
+291.4%
4.86
+45.5%
9.06
+1061.1%
9.26
+534.2%
5.27
+213.7%
3.34
+138.6%
0.78
+875.0%
1.46
+317.1%
1.68
+282.6%
Diluted EPS
25.74
+273.1%
4.63
+50.8%
8.17
+989.6%
8.20
+477.5%
4.73
+190.2%
3.07
+127.4%
0.75
+837.5%
1.42
+305.7%
1.63
+277.2%
Weighted average shares, basic
350
+0.9%
366
+6.1%
351
+0.3%
342
-1.7%
341
-1.4%
345
+0.3%
350
+5.4%
348
+6.7%
346
+6.5%
Weighted average shares, diluted
385
+5.8%
384
+2.1%
389
+7.5%
387
+8.1%
381
+6.7%
376
+5.3%
362
+9.0%
358
+6.9%
357
+9.8%
Other measures
Depreciation and amortization
—
104
+18.2%
99
+15.1%
276
+150.9%
92
-23.3%
88
-34.8%
86
-37.7%
110
-21.4%
120
-16.1%
EBITDA
—
2,150
+144.3%
1,662
+117.0%
1,466
+68.5%
1,000
+47.1%
880
+87.6%
766
+1529.8%
870
+271.8%
680
+1114.9%
Interest coverage
48.78x
186.00x
111.64x
31.32x
16.81x
13.42x
9.19x
8.35x
6.02x
Margins
Gross margin
52.60%
57.84%
54.12%
50.22%
45.74%
43.54%
40.96%
39.76%
37.65%
Operating margin
39.41%
46.70%
41.71%
35.66%
30.10%
28.11%
26.10%
33.13%
23.25%
Pretax margin
73.24%
46.52%
86.66%
100.66%
65.03%
47.44%
13.32%
3.23%
19.34%
Profit margin
69.20%
40.61%
85.27%
96.04%
61.05%
41.94%
10.83%
22.67%
24.66%
EBITDA margin
—
49.08%
44.36%
43.93%
33.15%
31.23%
29.40%
37.93%
28.23%
Effective tax rate
5.52%
12.71%
1.60%
4.58%
6.12%
11.59%
27.38%
-943.24%
0.00%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.

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.