Western Digital (WDC)

Nasdaq Information Technology Technology Hardware, Storage & Peripherals S&P 500Nasdaq-100
$263.78
-3.85 (-1.44%)
Close of Nov 06, 2026 · end-of-day data
Source: Western Digital's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Oct 30, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$19.09B$20.65B$16.57B$16.74B$16.92B$18.79B$6.25B$6.32B$9.52B$12.92B
Cost of revenue$13.02B$12.94B$12.82B$12.96B$12.40B$12.92B$4.86B$4.54B$5.83B$6.61B
Gross profit$6.07B$7.71B$3.75B$3.78B$4.52B$5.87B$1.39B$1.77B$3.69B$6.31B
Research & development$2.44B$2.40B$2.18B$2.26B$2.24B$2.32B$986.00M$950.00M$994.00M$1.16B
Selling, general & admin$1.45B$1.47B$1.32B$1.15B$1.10B$1.12B$807.00M$726.00M$568.00M$551.00M
Operating income$1.95B$3.62B$87.00M$335.00M$1.22B$2.39B-$548.00M-$403.00M$2.33B$4.45B
Interest expense$847.00M$676.00M$469.00M$413.00M$326.00M$304.00M$312.00M$414.00M$357.00M$165.00M
Pre-tax income$769.00M$2.08B-$287.00M-$46.00M$927.00M$2.17B-$849.00M-$739.00M$1.13B$9.90B
Income tax$372.00M$1.41B$467.00M$204.00M$106.00M$625.00M$53.00M$26.00M-$513.00M$481.00M
Net income$397.00M$675.00M-$754.00M-$250.00M$821.00M$1.55B-$1.68B-$798.00M$1.89B$9.42B
EBITDA$4.08B$5.67B$1.90B$1.90B$2.43B$3.32B$280.00M$165.00M$2.79B$4.83B
EPS (basic)$1.38$2.27$-2.58$-0.84$2.69$4.96$-5.37$-2.61$5.31$26.92
EPS (diluted)$1.34$2.20$-2.58$-0.84$2.66$4.89$-5.37$-2.61$5.12$24.28
Diluted shares296.00M307.00M292.00M298.00M309.00M316.00M318.00M326.00M359.00M383.00M
Gross margin31.8%37.3%22.6%22.6%26.7%31.3%22.2%28.1%38.8%48.9%
Operating margin10.2%17.5%0.5%2.0%7.2%12.7%-8.8%-6.4%24.5%34.5%
Net margin2.1%3.3%-4.6%-1.5%4.9%8.2%-26.9%-12.6%19.8%72.9%

Balance sheet

fiscal years · USD
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$6.35B$5.00B$3.46B$3.05B$3.37B$2.33B$2.02B$1.55B$2.11B$1.58B
Short-term investments$24.00M$23.00M$0———————
Receivables$1.95B$2.20B$1.20B$2.38B$2.26B$2.80B$1.60B$1.23B$1.49B$2.03B
Inventory$2.34B$2.94B$3.28B$3.07B$3.62B$3.64B$3.70B$1.39B$1.29B$1.51B
Total current assets$11.06B$10.64B$8.48B$9.05B$9.76B$9.45B$7.89B$8.06B$5.86B$5.63B
Goodwill$10.01B$10.07B$10.08B$10.07B$10.07B$10.04B$10.04B$4.32B$4.32B$4.32B
Total assets$29.86B$29.23B$26.37B$25.66B$26.13B$26.26B$24.55B$24.19B$14.00B$13.86B
Total current liabilities$4.34B$4.46B$3.82B$4.41B$4.87B$5.24B$5.43B$6.09B$5.42B$4.24B
Short-term debt$233.00M$179.00M$276.00M$286.00M$251.00M$0$1.21B$1.75B$2.23B$1.05B
Long-term debt$12.92B$10.99B$10.25B$9.29B$8.47B$7.02B$5.86B$5.68B$2.48B$0
Total debt$13.15B$11.17B$10.52B$9.57B$8.72B$7.02B$7.07B$7.43B$4.71B$1.05B
Total liabilities$18.44B$17.70B$16.40B$16.11B$15.41B$14.04B$12.71B$13.14B$8.46B$5.00B
Shareholders' equity$11.42B$11.53B$9.97B$9.55B$10.80B$12.32B$10.96B$10.82B$5.31B$8.86B

Cash flow

fiscal years · USD
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow$3.44B$4.21B$1.55B$824.00M$1.90B$1.88B-$408.00M-$294.00M$1.69B$3.93B
Capital expenditures$578.00M$835.00M$876.00M$647.00M$1.15B$1.12B$821.00M$487.00M$412.00M$418.00M
Free cash flow$2.86B$3.37B$671.00M$177.00M$752.00M$758.00M-$1.23B-$781.00M$1.28B$3.51B
Investing cash flow-$636.00M-$1.66B-$1.27B$278.00M-$765.00M-$1.19B-$762.00M-$27.00M$150.00M-$429.00M
Financing cash flow-$4.59B-$3.90B-$1.83B-$1.51B-$817.00M-$1.72B$875.00M$187.00M-$1.61B-$4.03B
Dividends paid$574.00M$593.00M$584.00M$595.00M$0$0$0$0$44.00M$174.00M
Share buybacks$0$591.00M$563.00M$0$0—$0$0$149.00M$2.59B
Stock-based compensation$394.00M$377.00M$306.00M$308.00M$318.00M$326.00M$318.00M$295.00M$265.00M$204.00M
Depreciation & amortization$2.13B$2.06B$1.81B$1.57B$1.21B$929.00M$828.00M$568.00M$451.00M$375.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.